The federal government on Tuesday announced that it would not increase the gas tariff for the next six months, providing relief to all consumers.
Federal Minister for Petroleum Ali Pervaiz Malik, while chairing a briefing, said that decision was made in line with the instructions of Prime Minister Shehbaz Sharif.
The Oil and Gas Regulatory Authority (OGRA) had raised the liquefied petroleum gas (LPG) price by Rs 10.68 per kg earlier this month, bringing the rate to Rs 219.67 per kg.
Highlighting the government’s economic achievements, the petroleum minister said the increase in circular debt in the gas sector has stopped.
He added that the government has struck a deal to transfer excess LNG cargo from Qatar to the global market.
“Gas price will remain unchanged for all consumers due to reforms,” the minister announced.
“On the instructions of the prime minister, maximum relief is being provided to the public during the winter season,” said Malik.
The minister noted that improved gas supply to domestic consumers continues nationwide, with no local gas field closed and power plants taking gas in excess.
Unaccounted-for gas (UFG) losses in the Sui Northern Gas Pipelines Limited (SNGPL) have fallen from 9% to 5%, while the Sui Southern Gas Company (SSGC) losses have dropped from 17% to 10%, the briefing told.
The briefing was further told that the gas supply hours have also been extended from 5am to 10pm.
