Islamabad 51
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us
No Result
View All Result
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us
No Result
View All Result
Islamabad 51
No Result
View All Result
Home National

SNGPL gas price increased, SSGC rates cut; OGRA seeks govt approval

Editor Isb by Editor Isb
May 21, 2025
in National
0
OGRA Pakistan Gas
Share on FacebookShare on Twitter

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has approved changes in gas prices for both Sui Northern and Sui Southern gas companies. However, the final decision will be made by the federal government, after which OGRA will issue a formal notification.

According to OGRA’s recommendations, the gas price for Sui Northern Gas Pipelines Limited (SNGPL) has been increased by Rs116.90 per MMBTU. On the other hand, the price for Sui Southern Gas Company (SSGC) has been reduced by Rs103.95 per MMBTU.

More Insights: Explore Related Stories

No Content Available

OGRA stated that the price hike for SNGPL is due to the increased import of RLNG (Re-gasified Liquefied Natural Gas). OGRA has also advised the government to review SNGPL’s case and consider setting gas prices based on different consumer categories to ensure fair distribution of the burden.

The changes in prices are based on the expected financial shortfall of the gas companies for the fiscal year 2025–26. The summary has been sent to the federal government for final approval.

Once the government gives its approval, OGRA will officially announce the new gas prices.

ALSO READ >>> Strong heatwave to hit Punjab’s plains and cities this week; PDMA issues alert

Meanwhile, earlier media reports revealed that the government has prepared a plan to raise electricity, gas, and petrol prices at the start of the new financial year beginning July 1, 2025. Sources say these steps are part of commitments made to the International Monetary Fund (IMF) ahead of the upcoming budget.

According to the reports, electricity tariffs will undergo annual rebasing from July, and gas prices will be adjusted on July 1 and again on February 15, 2026. Additionally, a Rs5 per litre carbon levy is expected to be imposed on petrol and diesel. Provinces will not offer any subsidies on electricity or gas.

The government has also agreed with the IMF on major budget targets for 2025–26. To manage circular debt, Rs1,252 billion will be borrowed from banks, which will later be recovered from consumers through a 10% surcharge on electricity bills. The government will have the authority to increase this charge if needed.

The budget is also expected to reduce subsidies on electricity, with the aim of bringing circular debt to zero by 2031. NEPRA will continue quarterly tariff adjustments, and fuel cost changes will be applied on time. Only targeted subsidies will be given, and a circular debt management plan is expected to be approved by the cabinet in July.

ALSO READ >>>Govt to provide energy-saver fans on easy installments

By January 2025, electricity circular debt had reached Rs2,444 billion, and gas circular debt stood at Rs2,294 billion by June 2024. Reforms to reduce these debts will continue, and negotiations with IPPs are expected to lead to Rs348 billion in payments by June.

Officials say cost recovery will be improved to help reduce energy prices in the long run.

Tags: gas price Pakistan 2025OGRA gas priceSNGPL gas rateSSGC gas reduction
Previous Post

Pakistan’s per capita income rises to $1,824 amid modest GDP growth

Next Post

New rules for birth and death registration notified in Punjab Gazette

Editor Isb

Editor Isb

Related Posts

No Content Available
Next Post
Pakistan Birth Certificate

New rules for birth and death registration notified in Punjab Gazette

Train Station

Eidul Azha 2025: Railways to operate special trains for passengers across Pakistan

Image show 2 Pakistani Crickets in Ground during play

PCB announces 16-man squad for T20I series against Bangladesh

pakistan digital assets authority

Pakistan sets up digital assets authority to regulate crypto and blockchain

Follow Us

Recommended

bsek board

Karachi Board Extends Submission Deadline for 2024 Exams: May 10 Last Chance!

1 year ago
image of pti founder imran khan

Cost of Imran Khan’s Jail Setup: 12 Lakh Rupees Monthly for 7 Cells, 15 Guards

1 year ago
Mohsin Naqvi Picture

Federal Interior Minister approves national drug survey after 11-Year

11 months ago
Image Show Uni Students

US ends global undergraduate exchange program for Pakistani students after 15 years

2 months ago

Categories

  • City
  • Education
  • International
  • Latest
  • National
  • Showbiz
  • Sports
  • Tech
  • Uncategorized

Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Home 1
  • Privacy Policy
  • Terms of Service

Follow us on Google News for Latest Updates

Recent News

  • Green sticker booths to be set up on Lahore-Islamabad Motorway
  • Sindh to allocate funds for EV taxis and scooters in budget 2025-26
  • Govt withdraws funding for key Islamabad road projects

Category

  • City
  • Education
  • International
  • Latest
  • National
  • Showbiz
  • Sports
  • Tech
  • Uncategorized
No Result
View All Result
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us

© 2023 Islamabad51