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SNGPL seeks 147% hike in gas price
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[ad_1] LPG cylinder with a stove is being sold at a shop in Hyderabad on March 17, 2024, as the demand for composite cylinders has increase in the city amid prolonged gas load-shedding. —PPI LAHORE: The Sui Northern Gas Pipelines Limited (SNGPL) has sought from the Oil and Gas Regulatory Authority (Ogra) to increase the…
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Bloated bills in the offing as SSGC wants further hike in gas tariff
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[ad_1] A representational image showing lit burner of a gas stove. — AFP/File Consumers should brace themselves for bloated bills amid the back-breaking inflation as the Sui Southern Gas Company (SSGC) has requested the fuel regulator — the Oil and Gas Regulatory Authority (Ogra) — to further increase gas tariff from July 2024. The development…
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Businessmen decry hike in terminal charges | The Express Tribune
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[ad_1] Businessmen demanded the formation of a regulatory authority for the container terminals to ensure a better working environment. Photo: File KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Senior Vice President (SVP) Saquib Fayyaz Magoon has said that the business, trade and industrial community is in a state of shock and disbelief…
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Gas price hike for fertiliser plants sought | The Express Tribune
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[ad_1] ISLAMABAD: The government has initiated discussions to increase gas prices for the remaining six fertiliser plants aimed at preventing the possibility of windfall profits of around Rs100 billion due to its earlier decision to raise prices for only four plants. The issue of gas prices in the range of 175%, or Rs1,017 per mmbtu,…
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‘Govt must reconsider gas tariff hike’ | The Express Tribune
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[ad_1] ISLAMABAD: Trader bodies on Saturday urged the federal government to reconsider its decision to hike the gas tariff to address concerns of the business community. Islamabad Chamber of Commerce and Industry (ICCI) President Ahsan Zafar Bakhtawari and President of Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Sheikh, made the demand during a…
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Govt approves Rs2.73 per litre petrol price hike
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[ad_1] A fuel station worker fills petrol in a motorbike in Karachi, on October 16, 2023. — PPI As the country battles rampant inflation, the caretaker government Thursday announced an Rs2.73 per litre hike in petrol price for the next fortnight to Rs275.62 per litre. As per the notification issued by the Finance Division, the…
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Traders urge govt to withdraw gas price hike | The Express Tribune
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[ad_1] KARACHI: Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) President Muhammad Farooq Shaikhani has hit out at the Economic Coordination Committee (ECC) for its decision to make a massive increase of 65% in gas tariffs. He appealed to all political leaders and the country’s rulers to withdraw the gas price hike promptly to…
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Govt considers allowing urea price hike | The Express Tribune
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[ad_1] The Finance Division reiterated its stance that no additional subsidy would be provided on the supply of urea once the proposed mechanism of basket price is enforced. photo: file ISLAMABAD: The government is considering permitting fertiliser manufacturers to increase urea prices by up to Rs358 per bag, shifting the entire burden of over Rs30…
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NEPRA mulls record Rs5.62/unit hike in electricity prices | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has deferred its decision regarding the request from power distribution companies (DISCOs) to raise the electricity price by Rs5.6194 per unit, citing fuel charges adjustment (FCA) for December 2023. Earlier, the Central Power Purchasing Agency (CPPA), at the behest of DISCOs, submitted an application to NEPRA…
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IMF seeks further power tariff hike | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan may have to further increase electricity prices and revise down its primary budget surplus of Rs417 billion for the first quarter after the International Monetary Fund (IMF) did not accept the government’s position on fiscal numbers and the circular debt. The global lender also raised questions over the role, mandate and powers…
