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SSGC, SNGPL proposes 20 to 100 p.c hike in gasoline costs

by Pakistan Latest News Update
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ISLAMABAD – The gasoline firms on Thursday have proposed hike in fundamental value as much as 20 and 100 p.c.

In accordance with media experiences, the hike has been proposed from July 1 for the subsequent fiscal yr. The surge will put further burden of Rs 347 billion on shoppers.

The Sui Southern Gasoline Firm (SSGC) has proposed 20 p.c improve in fundamental value which can hike the associated fee by Rs 153 per mmbtu. The SSGC shoppers will bear further quantity of Rs 57 billion because of this.

Then again, the Sui Northern Gasoline Pipelines Restricted (SNGPL) has proposed 100 p.c hike in fundamental value which can improve the associated fee by Rs 670 per mmbtu after which the SNGPL shoppers will bear further quantity of Rs 290 billion.

The Oil and Gasoline Regulatory Authority (OGRA) has requested individuals to offer their opinion in fourteen days after which the choice might be made.



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