Business

OGRA Takes Decision On Request To Increase Gas Prices

According to the details, as per the decision taken by OGRA, a 106.5% reduction in the price of gas as per the demand of Sui Northern has been approved.

It may be recalled that Sui Northern had requested to increase the price of gas from Rs 664.25 to Rs 1287.19 per MMBTU.

OGRA has approved a 17.4% reduction in the price of gas against the demand of Sui Southern while Sui Southern had requested to increase the price of gas from 796.18 to 881.53 per MMBTU.

It may be recalled that the gas companies had applied to meet the financial requirements for the financial year 2020-21.

Regarding the reduction in prices, OGRA said that the reason for the approval of reduction in gas prices is the reduction in global oil prices.

It should be noted that the final notification of gas prices will be issued after the decision of OGRA federal government.

Admin

Recent Posts

Iranian Hypersonic Missiles: Global Impact & Future Trends

Get ready for a deep dive into the latest buzz around Iranian hypersonic missiles. While…

4 months ago

Iranian Hypersonic Missiles: Strategic Significance & Expert Analysis

Imagine a world where speed meets precision, where cutting-edge technology reshapes the battlefield - welcome…

4 months ago

Technological Advancements in iranian hypersonic missiles

Imagine a game-changing advancement in military technology - Iranian hypersonic missiles. In recent years, Iran…

4 months ago

Technical Features and Capabilities of Iranian hypersonic missiles

Ever wondered what could outrun the speed of sound? Iranian hypersonic missiles are not just…

4 months ago

If Israel-Saudi normalization occurs, here’s how it might unfold

Are you curious about the recent buzz around Saudi-Israel normalization? Wondering what this groundbreaking shift…

4 months ago

Wallasey pub capturing: Lady fatally shot was not focused – police

Police looking a gunman after a 26-year-old girl died and 4 have been injured in…

1 year ago