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.
Why Jayden Daniels and Drake Maye will beat player futures projections
- 4 hours ago
Living on Mars would suck
- 17 hours ago
Gold prices continue to rise in Pakistan, global markets
- 18 hours ago
Microsoft employee arrested at headquarters protest of Israel contracts
- 19 hours ago
Pakistan’s monsoon misery: nature’s fury, man’s mistake
- 15 hours ago
“Unprecedented floods": controlled blast creates breach near Head Qadirabad on Chenab
- 19 hours ago
5.3-magnitude quake sends tremors through Peshawar, Islamabad
- 12 hours ago
Trump just did the one thing the Supreme Court said he can’t do
- 3 hours ago
At least two dead, a dozen wounded in Minneapolis shooting: US media
- 12 hours ago
Trump can’t stop America from building cheap EVs
- 17 hours ago
Pakistan Army actively conducting flood rescue and relief operations in Punjab, KP
- 16 hours ago
America has turned dancing into a culture war
- 3 hours ago
.jpeg&w=3840&q=75)