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OGRA issues statement on gas prices

May 22, 2024 4:33 pm
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OGRA issues statement on gas prices

WEB DESK: According to the Oil and Gas Regulatory Authority spokesperson, OGRA has determined the estimated revenue requirements for Sui companies, with estimates set for the fiscal year 2024-25.

The OGRA spokesperson stated that the gas price for Sui Northern Gas Pipelines Limited (SNGPL) has been reduced by 10%. The average proposed price for SNGPL is 1,635.490 PKR per MMBtu, which reflects a decrease of 179.17 PKR per MMBtu.

Read More: What is the difference between gross metering and net metering?

The spokesperson further informed that the price of gas for Sui Southern Gas Company (SSGCL) has been reduced by 4%. The average proposed price for SSGCL is set at 1,401.25 PKR per MMBtu, with a reduction of 59.23 PKR per MMBtu.

The OGRA spokesperson added that the decision has been sent to the federal government.

Web Desk
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Web Desk

Laila Tariq, currently associated with Azaad English, is an Islamabad-based journalist with over eight years of extensive experience across print, TV, and digital media.

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