Sui Southern has demanded an increase in gas price by Rs226 per MMBtu from July 1.
Islamabad: After Sui Northern, Sui Southern also demanded increase in gas price, reportedly.
According to media reports, Sui Southern has demanded an increase in gas price by Rs226 per MMBtu from July 1.
According to Oil and Gas Regulatory Authority (OGRA), Sui Southern has submitted a request for increase in gas, which has been given in view of the revenue requirements of the current financial year.
It is also reported that Sui Southern is estimated to have a revenue shortfall of Rs47.77 billion for the current financial year. In Balochistan, the revenue shortfall is estimated to be Rs95.40 per MMBtu.
While, Rs150.67 per MMBtu has been demanded in terms of transmission and distribution cost.
According to OGRA, Sui Southern's appeal will be heard in Karachi on December 18. The current average gas price is Rs1470.21 paise per MMBtu, while the company has requested a new average price of Rs1696.39.
Qatar plans ICC case over Israeli airstrike on Doha building
- 8 hours ago
Trump says he disagrees with UK on recognising Palestinian state
- 9 hours ago
Charlie Kirk’s death got complicated by gamer brainrot
- an hour ago
The SSD version of LaCie’s iconic Rugged drive gets a speed boost
- an hour ago
Apple’s new iPhone charger is a first of its kind
- an hour ago
ECC approves final Reko Diq agreements
- 9 hours ago
Can Luigi Mangione get too big to jail?
- an hour ago
Israeli aggression continues in Gaza as 48 more Palestinians martyred
- 9 hours ago
Drone from Yemen crashes near hotel in Israeli city of Eilat
- 8 hours ago
Tragic electrocution claims lives of father and son in Karachi
- 9 hours ago
Over 140,000 students register for MDCAT 2025
- 8 hours ago
Source: Injury to Bolts' Mack not season-ending
- 27 minutes ago
