Govt to raise gas prices soon, says minister
Federal Minister for Petroleum, Musadik Malik, has stated that the government plans to supply Liquefied Natural Gas (LNG) to domestic consumers, but this will lead to a gradual increase in prices.
Minister announces good news about gas prices in Pakistan
Petroleum Minister Musadik Malik announced on Tuesday that the government will maintain current gas prices until December and January. Earlier this year, Pakistan’s caretaker government increased natural gas prices for residential users by up to 67 percent. The increase was announced to meet a key condition of the International Monetary
Govt to raise gas prices this winter to promote electric heating
The government plans to raise gas prices to encourage a shift from gas-based heating to electric heating during winter. A committee led by Petroleum Minister Musadik Malik, including the Nepra chairman and secretaries of Power and Petroleum, has been formed to oversee this change. The Prime Minister formed a committee
Weekly inflation rises 27pc
ISLAMABAD: The Pakistan Bureau of Statistics reported that short-term inflation, measured by the Sensitive Price Index (SPI), surged to nearly 27% year-on-year for the week ending April 25. This surge resulted from an unprecedented rise in gas prices and significant increases in essential food costs. Slight Weekly Reprieve The SPI
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
