OGRA approves hike in gas prices, sends advice to govt for a nod

ISLAMABAD : The Oil and Gas Regulatory Authority (OGRA) on Tuesday approved an increase in gas prices for the current fiscal year. ccording to a statement issued by OGRA, the authority has approved an 8.71 percent increase in gas prices for the Sui Northern and 25.78 percent hike for the Sui Southern consumers. The average gas price for Sui Northern consumers will be Rs1,778.35 per MMBTU and for Sui Southern consumers, Rs1,762.51 per MMBTU. The OGRA statement added that a summary to increase gas prices had been sent to the federal government and a final decision would be taken on the advice from Islamabad.