The federal government is expected to once again increase the gas tarrif from January 1, after the Oil and Gas Regulatory Authority approved upto 245% increase in gas prices.
OGRA approved 214% increase in gas price for domestic consumers, 245% for tandoors and 153% for fertilizer sector.
31% increase in gas tariff for both commercial consumers and the CNG sector has been approved.
The increase in prices approved by OGRA is as follows:
Upto 50 MMBTUs will increase from Rs121 to Rs300
Upto 100MMBTUs will increase from Rs300 to Rs 353
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More than 400 MMBTUs will increase from Rs1107 to Rs1273.
However, OGRA approved reduction of Rs23 and Rs32 for consumers utilizing 201-300 and 301-400 MMBTUs, respectively.
