ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has provisionally determined the gas price at Rs 644.84 per MMBTU (Million British Thermal Unit) with an average surge of 2% against each category of consumers of Sui Northern Gas Pipelines Limited (SNGPL) for the fiscal year 2020-21.
Disposing of the SNGPL's review petition for the estimated revenue requirement for the year 2020-21, the authority also provisionally determined the company's shortfall in estimated revenue requirement at Rs4,352 million and the revenue requirement at Rs228,703 million.
OGRA has notably slashed the SNGPL's demand for raise to gas prices for the current year, mainly due to stability in Rupee & US Dollar parity ratio and other disallowances made in respect of revenue and capital expenditures.
New terminal at Lahore airport to double passenger capacity this year
- 9 hours ago
Instagram has launched another Snapchat clone
- 9 hours ago
Xreal’s best AR glasses are $599 for good now
- 9 hours ago
The next global Trump ally to fall?
- 16 hours ago
.jpeg&w=3840&q=75)
Rising global sport padel finds new home in Lahore
- 9 hours ago
The Trump phone still isn’t real
- 9 hours ago
War in ME undermined Pakistan’s collective economic efforts of past two years: PM Shehbaz
- 7 hours ago
The 1980s sex scandal that explains TMZ’s move to DC
- 16 hours ago
Pak Army continues strikes in response to unprovoked aggression by Afghan Taliban
- 8 hours ago
TEXAS TECH QB Checks Into Rehab for Gambling Addiction...
- 17 hours ago
Elon Musk and Sam Altman’s court showdown will dish the dirt
- 9 hours ago
PSL-11: Peshawar Zalmi beat Islamabad United by 70 runs
- 2 hours ago
