ISLAMABAD: Sui gas utility companies have formally submitted petitions to the Oil and Gas Regulatory Authority (OGRA) seeking an upward revision in gas prices, with the proposed adjustments requested to take effect retrospectively from July 1 of the current fiscal year.
Sui Companies Seek OGRA Approval for Gas Price Increase
Under the submitted proposals, Sui Northern Gas Pipelines Limited (SNGPL) has requested a modest increase of Rs 10 per MMBTU, bringing its average prescribed gas price to Rs 1,712.40 per MMBTU.
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Meanwhile, Sui Southern Gas Company (SSGC) has sought a substantial hike of Rs 366.75 per MMBTU, proposing that its average gas price be fixed at Rs 2,071.75 per MMBTU. OGRA is scheduled to review the petitions in accordance with regulatory procedures before making a final determination.
