Govt likely to hike gas tariff by up to 200pc | Pakistan Today

Govt likely to hike gas tariff by up to 200pc

ISLAMABAD: The prices of gas are likely to rise by up to 200 per cent in July after a summary by the Petroleum Division was moved in this regard.

Sources in the Petroleum Division informed on Tuesday that the department has prepared a summary under which gas prices will be increased next month.

According to reports, the domestic consumers who use less than 50 cubic metres per month will pay Rs422 instead of earlier Rs285, after the increase in rate for the first slab of domestic sector consuming less than 50 cubic metres per month has been worked out at Rs184 per MMBTU (million British thermal unit), from the existing Rs121.

For the second domestic slab (50-100), the monthly bill of this category will increase to Rs1,219 from Rs572 after rate for this slab was proposed at Rs369, instead of Rs127 per MMBTU.

For consumers that fall under the third slab –100-200, the petroleum division proposed rate of Rs553 per MMBTU instead of Rs264. The monthly bill of this category will increase to Rs4,009 from Rs2,305.

Those, who use 201-300 cubic metres per month and fall under the fourth slab, will have to pay Rs Rs738 per MMBTU, instead of Rs275.

The division proposed a rate of Rs1,107 per MMBTU, from the existing Rs780, for consumers using 300-400 cubic metres per month, whereas consumers using more than 400 cubic metres per month, the rate has been proposed at Rs1,476 per MMBTU from Rs1,460.

The rate for the bulk domestic sector has been proposed to remain the same at Rs780 per MMBTU.



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