Islamabad: Pakistan’s two gas utilities Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) on Monday have demanded up to 220 per cent increase in gas prices to meet estimated revenue requirement (ERR) during the fiscal year 2021-22.
As per details, the gas firms have submitted their petitions with Oil and Gas Regulatory Authority (Ogra), seeking increase in gas tariff from July 01, 2021.
The SSGC has asked for an increase in tariff by Rs.109.78 and SNGPL seeking Rs. 857.40 increase.
Likewise, the Karachi-based SSGCL has sought Rs. 153 per unit or 20 percent increase in its previous price for the next financial year, from about Rs. 779 per unit to about Rs. 932.
The SNPGL supplies gas to Punjab and Khyber Pakhtunkhwa and it’s the existing prescribed price approved by Ogra stands at about Rs. 645 per mmbtu.
Interestingly, the exclusive rights of SNGPL over its franchise areas of Punjab and KP have expired.
A Nazi-curious party just won big in Germany. The White House approves.
- 6 hours ago
An elegant fix for one of America’s deadliest road problems
- 6 hours ago
Students who use AI generally score worse at school
- 8 hours ago
My favorite gaming earbuds got their first discount
- 8 hours ago
Apple announces the AirPods 5
- 8 hours ago
A grim report card for the world’s schools
- 6 hours ago
America is built for driving. There’s hidden demand for something better.
- 6 hours ago
Exclusive: How Big Pork takes money from small farmers — then uses it to lobby against them
- 6 hours ago
Robotaxis enter their villain era
- 8 hours ago
Republicans suffered a stunning Supreme Court loss. It lasted minutes.
- 6 hours ago
Volvo XC40 PHEV is back with a new look, better sensors, and Gemini AI
- 8 hours ago
All the news from Apple’s ‘Surprise and shine’ event
- 8 hours ago
