Pakistan’s Oil and Gas Regulatory Authority (OGRA) has enforced a significant 35.13% increase in gas tariffs, exacerbating the financial strain on consumers already grappling with hefty and unmanageable bills.
The latest hike, the second in the current fiscal year 2023-24, sees a substantial rise in gas tariffs for both Sui Northern and Sui Southern, with Sui Northern witnessing a surge of 35.13% and Sui Southern experiencing an 8.57% increase.
Read also: Pakistan Mulls 41% Gas Price Increase
Under the revised rates, the per MMBTU rate for Sui Northern now stands at Rs1673.82, reflecting a staggering increase of Rs435.14, while Sui Southern’s rate reaches Rs1466.40, up by Rs115.72.
The recommendations for these tariff adjustments have been submitted to the caretaker federal government, awaiting approval before OGRA can officially implement the new rates.
IMF pressure intensified as the organization reportedly demanded Pakistan to raise gas prices by up to 41% by mid-February, refusing to extend subsidies on power tariffs except for those already allocated in the budget.
The Pakistan eCommerce Association (PEA) has urged the government to reduce the tax burden on…
From highlighting the need for affordable smartphones and universal internet to pushing for a cashless,…
Kaspersky research findings show that 42% of children surveyed from the Middle East, Turkiye and…
A groundbreaking study conducted by the Lahore University of Management Sciences (LUMS) has revealed that…
Jazz has been developing a Large Language Model (LLM) in collaboration with NUST and the…
Pakistan Dairy Association (PDA) and Pir Mehr Ali Shah Arid Agriculture University, Rawalpindi have signed…
This website uses cookies.
