Starting July 1, 2024, the federal government will not reduce natural gas prices for the general public, despite a recommendation from the Oil and Gas Regulatory Authority (OGRA) to lower them by 10%. Instead, the government has chosen to increase gas prices specifically for captive power plants (CPPs). The new rate for CPPs will be…
Residents of Pakistan are confronting persistent inflationary pressures, with Sui Northern Gas Pipelines Limited (SNGPL) now advocating for a substantial rise in gas tariffs. According to reports from local media outlets, the Sui Northern Gas company has put forth a proposal for the third gas price hike in 2024. Insiders familiar with the situation have…
Sui Northern Gas Pipelines Limited (SNGPL) has appealed to the Oil and Gas Regulatory Authority (Ogra) for a significant increase in gas prices by 147%, following a similar request from Sui Southern Gas Company (SSGC). This proposed hike, if approved, would impact over 7.22 million consumers in Punjab, Khyber Pakhtunkhwa, and Azad Jammu & Kashmir….