US
Ogra approves increase in gas prices as cold weather grips Pakistan
字号+ Author:Smart News Source:Business 2025-01-11 03:52:44 I want to comment(0)
ISLAMABAD: As temperatures continue to drop in winter season, the Oil and Gas Regulatory Authority (Ogra) on Tuesday approved an increase in the gas prices for the current fiscal year. A notification issued by the agency said that Ogra approved an increase of 8.71% for the consumers of Sui Northern Gas Pipelines Limited (SNGPL) and 25.78% increase for the consumers of Sui Southern Gas Company Limited (SSGCL). According to the notification, the regulatory authority has sent the decision to increase the prices of gas to the federal government. However, the final decision regarding hike in the prices will be made by the federal government. The Ogra has sought to fix average gas price for Sui Northern at Rs1,778.35 per MMBTU and Rs1,762.51 per MMBTU for Sui Southern, said the notification. "Ogra, under Section 8(2) of OGRA Ordinance, 2002, vide its decisions dated December 17, 2024 has determined the Review of Estimated Revenue Requirement (RERR) of SNGPL & SSGCL for FY 2024-25. "Both determinations have been sent to federal government for receipt of category-wise natural gas sale price advice as required under Section 8(3) of the OGRA Ordinance," said the notification. The agency further said that the any decision advised by the government will be notified by Ogra, adding that till such time the existing category-wise natural gas sale prices shall continue to prevail.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
وزیراعظم شہباز شریف نے اقتصادی ترقی کے لیے برآمدات پر مبنی ترقی اور سیاسی استحکام پر زور دیا۔
2025-01-11 03:05
-
South Korea crash investigation ramps up as funeral procedures begin
2025-01-11 02:59
-
China insists it held nothing back on Covid data sharing
2025-01-11 02:52
-
In first for EU country, e-cigarettes banned in Belgium
2025-01-11 01:59
User Reviews
Recommended Reads
Hot Information
- نشے میں دُھت ڈی آئی جی کے بیٹے کا کار حادثہ، خاتون زخمی
- India linked to Maldives opposition's Move to oust President Muizzu: report
- World welcomes 2025 after dramatic year of politics, sports
- In first for EU country, e-cigarettes banned in Belgium
- وزیراعظم شہباز شریف نے اقتصادی ترقی کے لیے برآمدات پر مبنی ترقی اور سیاسی استحکام پر زور دیا۔
- 2025 to witness beginning of Generation Beta
- Bangladesh new books say Ziaur Rahman, not Mujibur Rahman, declared independence
- South Korea crash investigation ramps up as funeral procedures begin
- ملک گیر احتجاجات کے نویں دن کراچی والوں کی مشکلات میں اضافہ
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content