Friday, February 3, 2023

OGRA notifies rising gas prices

The Oil and Gas Regulatory Authority (OGRA) has announced an increase in the prices of Liquefied Petroleum Gas (LPG).

Beginning on April 1, 2019, the revised prices will be in effect.

As a result of a notification issued by a regulatory agency, the government has increased the price of LPG per kilogram by Rs13.34 for the month of April 2022.

Prices for home 11.8 kg LPG cylinders have increased by Rs157.44, bringing the price of 1 kilogram LPG to Rs247.12 per cylinder.

Following the price increase, a household cylinder, which was previously priced at Rs2758.67, would now be sold for Rs2916.11.

The Oil and Gas Regulatory Authority (OGRA) announced a 16.37 percent increase in gas prices, with prices for Sui Northern Gas Pipeline Limited (SNGPL) increasing by 94 MMBTU and the average price for gas settling at Rs670.37.

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With the latest price hikes, the price of SNGPL has been increased by 6.32 percent, and a price increase of 50 MMBTU has been notified for Sui Southern Gas Company limiter (SSGCL), bringing the price of SNGPL up to Rs829.48.

On March 2, the Oil and Gas Regulatory Authority (OGRA) hiked the average gas tariffs for Sui Southern Gas Company Limited (SSGC) and Sui Northern Gas Pipelines Limited (SNGPL) customers by up to 16.37 percent.

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