In one other blow to inflation-weary individuals, Oil and Fuel Regulatory Authority (OGRA) accepted the colossal improve of as much as 50 p.c within the Sui gasoline costs from July 1.
Media experiences recommend that the regulator permits Sui Northern Fuel Pipelines Ltd (SNGPL) to hike gasoline costs by as much as 50 p.c and the Sui Southern Fuel Firm (SSGC) by 45 p.c.
For SNGPL, the typical gasoline worth of Rs 415 per mmbtu has been accepted and Rs 417.23 per mmbtu for the SSGC within the newest advice.
The federal authorities will make a remaining determination on this regard and the brand new common Sui gasoline worth for the SNGPL could be Rs 1238.68 per mmbtu and Rs 1350 per mmbtu for the SSGC, per experiences.
The latest transfer by OGRA is a double whammy for distressed Pakistani who’re going through file meals and gasoline costs. Inflation touched new heights of 38computer on a year-on-year foundation in Might 2023, the Pakistan Bureau of Statistics revealed.