OGRA proposes Rs 13.5/unit gas tariff hike
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OGRA proposes Rs 13.5/unit gas tariff hike

Islamabad : Pakistan | Jul 19, 2011 at 8:49 AM PDT
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Petroleum Minister announces fuel price hike

Petroleum Minister Dr Asim Hussain revealed that CNG stations get gas for Rs 23 a kilogram and they sell it to the consumers for Rs 56 a kilogram.

He made these revelations at the NA Standing Committee on Petroleum and Natural Resources. The meeting was chaired by committee head Sardar Talib Nakai.The petroleum minister said the CNG pricing and distribution formula needed an urgent review. He said the PM has ordered an inquiry into the issuance of licenses for CNG stations in violation of the ban.

OGRA officials told the committee an increase of Rs 13.55 per unit for all gas consumers has been proposed.Petroleum Secretary Ijaz Chaudhry said it was impossible to provide gas to the fertilizer sector as well as four IPPs (Independent Power Producers) simultaneously. However, he said, the domestic consumers were being provided uninterrupted supply of gas.

MD Arif Hameed admitted there was no law to implicate gas thieves. He said gas supply to industrial defaulters of Rs 0.6 billion has been disconnected.

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OGRA proposes Rs 13.5/unit gas tariff hike
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