Gas prices increased by 7.7 per cent

November 22nd, 2008 by The Online Reporter

Oil and Gas Regulatory Authority, in its determination made public on Friday, recommended that the Sui Northern Gas Pipelines Limited should be allowed to increase the natural gas price by 7.67 per cent as against the state-owned utility company demand of over a 40 per cent raise. Similarly, the OGRA has also prescribed gas price increase by 6.83 per cent for the Sui Southern Gas Company Limited (SSGCL), slashing its demand to increase tariff by 41 per cent.