The Oil and Gas Regulatory Authority (OGRA) has released a notification notifying about an increase in gas tariff up to 143 per cent for the different consumers.
According to the released notification, the gas tariff for the domestic users has been hiked by ten per cent to one hundred and forty-three per cent.
The gas tariff for consumers using up to fifty cubic meter gas has been raised up by ten per cent while the tariff for consumers using up to hundred cubic meters has been hiked by fifteen per cent.
The classification of the users has been altered from the previous three to seven hence introducing many chunks for the determination of tariff.
As per the new tariff law, consumers using up to fifty cubic meters of gas per month would be falling in the first category and would experience an almost ten per cent hike in prices.
The second category would be of the consumers using up to hundred cubic meters of gas per month and would witness an increase of fifteen per cent in the gas prices. The users consuming up to two hundred cubic meters of gas would be falling in the third category and would experience a twenty per cent increase in their gas bills.
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The price raises for the upper class, which comprises of the consumers who use up to three hundred cubic meters of gas per month would be twenty-five per cent, while the ones who use up to four hundred cubic meters of gas per month would have to tolerate an increase of thirty per cent in the gas prices.
The users consuming more than four hundred cubic meters of gas per month would face a one hundred and forty-three per cent hike in the gas charges.
The regulatory authority informed a forty per cent increase, from Rs 700/MMBtu to Rs 980/MMBtu, for the CNG (compressed natural gas) consumers in Sindh and Khyber Pakhtunkhwa.
Increased Gas Tariff for Different Consumers
|Consumers||Increase in Gas Tariff by (%)|
|using up to fifty cubic meters of gas /month||10 %|
|using up to hundred cubic meters of gas/month||15 %|
|users consuming up to two hundred cubic meters of gas /month||20 %|
|use up to three hundred cubic meters of gas/month||25 %|
|use up to four hundred cubic meters of gas/month||30 %|
|consuming more than four hundred cubic meters / month||143 %|
|CNG (compressed natural gas) consumers||40 %|
Similarly, the tariff for the fertiliser plants that makes use of gas as a fuel has also been increased by forty per cent. It is approximated that after the hike in gas prices, the price of each bag of urea fertilizer would also increase by one hundred and twenty-eight rupees.
The body also informed about a fifty-seven per cent increase in the gas prices for the commercial sector, a forty per cent hike for the general industry, a fifty-seven per cent raise for the power sector and a thirty per cent increase hike for the cement sector.