Gas prices likely to increase by 193%


Gas prices are likely to increase by 193%, Petroleum Division has prepared a summary.

A summary of the gas tariff hike by the Petroleum Division is likely to be presented in the Economic Coordination Committee (ECC) meeting tomorrow.

The summary proposes to increase the cost of gas for domestic consumers by 172%.

A summary of the Petroleum Division has proposed an increase of Rs 3,900 in fixed charges for the lowest gas consumers.

If the hike in gas prices is approved, it can be implemented from October 1.

Petroleum Division’s summary proposes to maintain gas prices for power plants and furnaces.

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