Gas utilities seek up to 54pc increase in tariff

The two gas utilities — SNGPL and SSGCL — have sought up to a 54 per cent increase in prescribed prices to meet their revenue requirements for the current fiscal year (FY25). Gas prices are revised twice a year under the law, based on determinations by the Oil & Gas Regulatory Authority (Ogra), which the government uses to set consumer prices for various categories. Ogra has announced public hearing on November 8 to consider Sui Southern Gas Company Limited (SSGC) request for Rs669 per unit (mmBtu) or 53.5pc. The public hearing for Sui Northern Gas Pipeline Limited (SNGPL) request for a hike of 3.66pc or Rs64.16 per mmBtu is scheduled for November 5.