Islamabad: The Oil and Gas Regulatory Authority (Ogra) has allowed the Sui Northern Gas Company Limited (SSGCL) raise prices from gas consumers to recover its shortfall of billions of rupees.
The regulatory authority announced its order on petition filed by the company approved hike in gas price by Rs315.60 per mmtbu to Rs881.40 from its previous price of Rs565.81/mmbtu in Punjab and Khyber Pakhtunkhwa.
The latest surge will put an additional burden of Rs233 billion on public.
The development comes a day after the ogra approved an increase of Rs39.89 per mmbtu in gas price for Sindh and Balochistan on the request of the Sui Sothern Gas Limited.
With the latest surge, the new price stands at Rs778.59/mmbtu. The new price will come into affect once the notification is issued.
The larger stakes of Trump’s redesign of Washington, DC
- 15 hours ago
Taylor Swift sued for trademark infringement over ‘Life of a Showgirl’
- 6 hours ago
China expresses ‘gratitude’ after three vessels transit Hormuz strait
- 6 hours ago
3 things all great listeners do
- 15 hours ago
Asia to be hit hardest by Iran war energy crisis: Kpler to AFP
- 2 hours ago
Gold prices surge in Pakistan, global markets
- 6 hours ago
How ICE has changed American life
- 15 hours ago
Pakistan, China propose 5-point initiative for peace in Gulf & ME
- a minute ago
Pakistan, Muslim countries condemn Israeli curbs on worshippers in occupied Jerusalem
- 6 hours ago
What do we lose when we erase ugliness?
- 6 hours ago
PSL 11: Fakhar Zaman suspended for two matches for ball tampering
- 6 hours ago
Scattered rain, wind with thunderstorm expected in different parts of country
- 6 hours ago
