The Oil and Gas Regulatory Authority (OGRA) held a public hearing on Sui Northern Gas Pipelines Limited’s (SNGPL) request for a gas price hike.
As per details, SNGPL has proposed an increase of Rs735 per MMBTU to meet its operational costs.
The company also suggested immediately opening RLNG connections for domestic users to boost revenue, citing losses due to the suspension of gas connections.
SNGPL officials stated that rising costs necessitate the price hike, as revenue shortages are impacting operations.