Hike in Gas Prices For Sui Companies Irk Citizens
The authority has said that the decision has been taken to meet their revenue shortfalls during the current fiscal year (FY22)
Oil and Gas Regulatory Authority (OGRA) has allowed a hike in gas prices for consumers of both Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC).
The authority has said that the decision regarding the increase in Sui gas prices has been taken to meet their revenue shortfalls during the current fiscal year (FY22).
The approval has been given for an increase of 14% or Rs 87 per unit for SNGPL consumers while SSGC consumers will encounter a hike of Rs 55 or 7% per unit.
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An OGRA spokesman said that the gas companies had requested an increase in tariffs to cover their losses.
“Prices were raised after a public hearing, but the government will give final approval to the increase in gas prices”, he added.
The hike in gas prices has added insult to the injuries of the citizens already battling an increase in prices at the Utility Stores.
Cold drinks, soaps, cooking oil, ghee, tea, pickle, and detergent are among the list of items whose prices have gone out of the reach of the poor.
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While talking to News360, most of the citizens breathed fire against the increase in prices.
