Sui Northern and Southern have sent a summary of the increase in gas prices to OGRA. Sui Southern has requested Rs 79 per unit increase in gas price from July 1 while Sui Northern has requested Rs 773 per unit increase.
Sui Northern and Southern have sent requests to OGRA for an increase in gas prices. OGRA will hear Sui Southern tomorrow, November 26, at the request of Sui Northern. According to OGRA, Sui Southern has demanded an increase of Rs 79 per unit in gas price from July 1.
According to Sui Southern, the company has a revenue shortfall of over Rs 28 billion. Sui Southern has requested to increase the current average price of gas from Rs 743.25 to Rs 822.25 per MMBTU.
In the Sui Northern Gas, the price per unit increased by 773. The gas price is increased from 631 rupees to 1404 rupees per 91 MMBTU per application. In the petition, Sui Northern has stated a revenue shortfall of more than Rs 35 billion. In the petition, Sui Northern has sought Rs 215 billion in a revenue shortfall of previous years.
Extracted from City42 News
