{"id":70255,"date":"2025-04-10T21:18:26","date_gmt":"2025-04-10T16:18:26","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=70255"},"modified":"2025-04-10T21:18:26","modified_gmt":"2025-04-10T16:18:26","slug":"gas-prices-likely-to-rise-in-pakistan-check-expected-rates-inside","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/gas-prices-likely-to-rise-in-pakistan-check-expected-rates-inside\/","title":{"rendered":"Gas prices likely to rise in Pakistan, Check expected rates inside"},"content":{"rendered":"<p>ISLAMABAD: Sui Northern and <a href=\"https:\/\/dailyausaf.com\/en\/business\/sui-southern-seeks-further-gas-price-hike\/\">Sui Southern Gas Companies<\/a> have <span class=\"diff-highlight\">submitted<\/span> <span class=\"diff-highlight\">requests<\/span> <span class=\"diff-highlight\">for<\/span> <span class=\"diff-highlight\">significant<\/span> increases <span class=\"diff-highlight\">in<\/span> <span class=\"diff-highlight\">their<\/span> <span class=\"diff-highlight\">tariffs<\/span> <span class=\"diff-highlight\">to<\/span> <span class=\"diff-highlight\">cover<\/span> <span class=\"diff-highlight\">the<\/span> fiscal year 2025-26, which will <span class=\"diff-highlight\">frequently<\/span> <span class=\"diff-highlight\">lead<\/span> <span class=\"diff-highlight\">to<\/span> a <span class=\"diff-highlight\">price<\/span> <span class=\"diff-highlight\">increase<\/span> <span class=\"diff-highlight\">in<\/span> <span class=\"diff-highlight\">the<\/span> price <span class=\"diff-highlight\">of<\/span> <span class=\"diff-highlight\">natural<\/span> <span class=\"diff-highlight\">gas<\/span> <span class=\"diff-highlight\">to<\/span> <span class=\"diff-highlight\">consumers<\/span> <span class=\"diff-highlight\">in<\/span> Pakistan.<\/p>\n<p>Sui Northern <span class=\"diff-highlight\">has<\/span> <span class=\"diff-highlight\">requested<\/span> <span class=\"diff-highlight\">a<\/span> <span class=\"diff-highlight\">price<\/span> increase of Rs. 735.59 per MMBTU, <span class=\"diff-highlight\">and<\/span> Sui Southern <span class=\"diff-highlight\">requests<\/span> a <span class=\"diff-highlight\">price<\/span> <span class=\"diff-highlight\">increase<\/span> of Rs. 2443, including adjustments for previous shortfalls.<\/p>\n<p><span class=\"diff-highlight\">To<\/span> <span class=\"diff-highlight\">suffice<\/span> <span class=\"diff-highlight\">the<\/span> <span class=\"diff-highlight\">financials<\/span> <span class=\"diff-highlight\">of<\/span> <span class=\"diff-highlight\">both<\/span> <span class=\"diff-highlight\">gas<\/span> companies<span class=\"diff-highlight\">,<\/span> <span class=\"diff-highlight\">Sui<\/span> <span class=\"diff-highlight\">Northern<\/span> <span class=\"diff-highlight\">states<\/span> <span class=\"diff-highlight\">it<\/span> <span class=\"diff-highlight\">needs<\/span> Rs. 700 billion<span class=\"diff-highlight\">,<\/span> <span class=\"diff-highlight\">while<\/span> <span class=\"diff-highlight\">Sui<\/span> <span class=\"diff-highlight\">Southern<\/span> <span class=\"diff-highlight\">is<\/span> <span class=\"diff-highlight\">requesting<\/span> Rs. 44 billion<span class=\"diff-highlight\">. The <a href=\"https:\/\/dailyausaf.com\/en\/education\/us-global-ugrad-scholarship-program-for-pakistan-ends\/\">Oil Gas Regulatory Authority<\/a> (<\/span><span class=\"diff-highlight\">OGRA)<\/span>, <span class=\"diff-highlight\">which<\/span> <span class=\"diff-highlight\">is<\/span> <span class=\"diff-highlight\">Pakistan<\/span><span class=\"diff-highlight\">&#8216;<\/span><span class=\"diff-highlight\">s<\/span> <span class=\"diff-highlight\">oil<\/span> and <span class=\"diff-highlight\">gas<\/span> <span class=\"diff-highlight\">regulatory<\/span> <span class=\"diff-highlight\">authority<\/span>\u00a0<span class=\"diff-highlight\">has<\/span> <span class=\"diff-highlight\">agreed<\/span> <span class=\"diff-highlight\">to<\/span> public hearings <span class=\"diff-highlight\">across<\/span> major cities.<\/p>\n<p>The <span class=\"diff-highlight\">public<\/span> hearings will <span class=\"diff-highlight\">be<\/span> <span class=\"diff-highlight\">taking<\/span> place in Lahore and Peshawar on April 18 and 28 and Karachi and Quetta on April 21 and 23. OGRA <span class=\"diff-highlight\">announced<\/span> <span class=\"diff-highlight\">they<\/span> approved significant <span class=\"diff-highlight\">increases<\/span> in gas <span class=\"diff-highlight\">tariff<\/span> with <span class=\"diff-highlight\">the<\/span> average <span class=\"diff-highlight\">increase<\/span> of 25.78% <span class=\"diff-highlight\">in<\/span> Sindh and Balochistan\u00a0and <span class=\"diff-highlight\">the<\/span> <span class=\"diff-highlight\">average<\/span> <span class=\"diff-highlight\">increase<\/span> <span class=\"diff-highlight\">of<\/span> 8.71% <span class=\"diff-highlight\">in<\/span> Punjab, Khyber Pakhtunkhwa, and Islamabad.<\/p>\n<p>The gas price <span class=\"diff-highlight\">increase<\/span> will <span class=\"diff-highlight\">generally<\/span> <span class=\"diff-highlight\">lead<\/span> <span class=\"diff-highlight\">to<\/span> <span class=\"diff-highlight\">higher<\/span> living <span class=\"diff-highlight\">costs<\/span> and production <span class=\"diff-highlight\">costs<\/span> <span class=\"diff-highlight\">to<\/span> households and <span class=\"diff-highlight\">industry<\/span>. However, <span class=\"diff-highlight\">we<\/span> <span class=\"diff-highlight\">can<\/span> <span class=\"diff-highlight\">take<\/span> <span class=\"diff-highlight\">some<\/span> <span class=\"diff-highlight\">relief<\/span> <span class=\"diff-highlight\">with<\/span> <span class=\"diff-highlight\">expected<\/span> <span class=\"diff-highlight\">decline<\/span> in <span class=\"diff-highlight\">the<\/span> <span class=\"diff-highlight\">cost<\/span> <span class=\"diff-highlight\">in<\/span> <span class=\"diff-highlight\">petrol<\/span> <span class=\"diff-highlight\">to<\/span> Rs. 12 per <span class=\"diff-highlight\">litre<\/span> <span class=\"diff-highlight\">starting<\/span> April 16 <span class=\"diff-highlight\">due<\/span> <span class=\"diff-highlight\">to<\/span> decline in global crude oil <span class=\"diff-highlight\">prices<\/span>.<\/p>\n<p><span class=\"diff-highlight\">Also<\/span>, OGRA has <span class=\"diff-highlight\">risen<\/span> LPG prices for April 2025 <span class=\"diff-highlight\">additionally<\/span> <span class=\"diff-highlight\">increasing<\/span> by Rs. 0.54 per kg, <span class=\"diff-highlight\">bringing<\/span> the price of <span class=\"diff-highlight\">LPG<\/span> <span class=\"diff-highlight\">up<\/span> to Rs. 0.54 per kg, which brings the price of an 11.8 kg domestic cylinder to Rs. 2,930.71.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Sui Northern and Sui Southern Gas Companies have submitted requests for significant increases in their tariffs to cover the fiscal year 2025-26, which will frequently lead to a price increase in the price of natural gas to consumers in Pakistan. Sui Northern has requested a price increase of Rs. 735.59 per MMBTU, and Sui [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":28614,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10237,27713,27712],"class_list":["post-70255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-gas-prices","tag-oil-gas-regulatory-authority-ogra","tag-sui-southern-gas-companies"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/70255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=70255"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/70255\/revisions"}],"predecessor-version":[{"id":70256,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/70255\/revisions\/70256"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/28614"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=70255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=70255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=70255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}