By Ali Imran
ISLAMABAD: The Sui Southern Gas Company (SSGC) has moved the OGRA for another gas tariff hike, effective from July 1, 2024.
According to the proposal, SSGC has urged the OGRA to jack up gas prices by Rs324 per million British thermal units (mmbtu), aiming to set a new average price of Rs1740.80 per mmbtu.
Ogra is scheduled to conduct hearings on SSGC’s petition, with sessions slated for today in Karachi and March 20 in Quetta. This follows a series of previous increases in gas prices throughout the current fiscal year. It is to be noted that Pakistan’s economic team negotiating with the IMF team on the second review under SBA for the release of $1.1 bln, ‘assured’ the international lender of further jacking up the gas and electricity prices.
