Advertisement

Expected gas price in SNGPL region to increase from July 2024

  • Web Desk
  • Share

Expected gas price in SNGPL region to increase from July 2024

Expected gas price in SNGPL region to increase from July 2024

Advertisement

People in Pakistan, already grappling with inflation, are likely to face another blow as Sui Northern Gas Pipelines Limited (SNGPL) has proposed a substantial hike in the price of natural gas.

SNGPL, the largest integrated gas company, serves over 7.22 million consumers in North Central Pakistan through a widespread network in Punjab, Khyber Pakhtunkhwa, and Azad Jammu & Kashmir.

The company has filed an application with the Oil and Gas Regulatory Authority (Ogra), seeking a 147 percent increase in gas prices.

The company has proposed this price increase to cover a revenue shortfall of Rs189.18. If Ogra approves the petition, it would impose an additional burden on the public, who are already dealing with rampant inflation.

Expected Gas Prices in Pakistan from July 1

Advertisement

Reports indicate that SNGPL has requested a staggering increase of Rs2,646.18 per metric million British thermal unit (mmbtu) in gas prices. It has also requested the regulatory authority to set the average gas price at Rs4,446.89.

The anticipated gas prices would include the additional amount requested by SNGPL, if Ogra approves its application.

Ogra is scheduled to hold a hearing on SNGPL’s plea on March 25 in Lahore and on March 27 in Peshawar.

Also Read

SNGPL seeks 147% hike in gas prices from OGRA

LAHORE: The Sui Northern Gas Pipelines Limited (SNGPL) has sought from the...

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
BTC TO PKR – Today’s Bitcoin price in Pakistan on September 20, 2025
FBR moves against online display of wealth
Dollar rises? Check today’s Currency exchange rates in Pakistan, 19 Sept 2025
Canada, Mexico to strengthen ties against US tariff threats
Currency Exchange Rates in Pakistan Today – 17 September 2025
Gold Rate in Pakistan Today – 17 September, 2025
Next Article
Exit mobile version