The Oil and Gas Regulatory Authority (OGRA) has approved a reduction of up to 8 per cent in gas tariffs for consumers nationwide, with the final decision resting with the government.
In a statement, the authority said that it has determined the Review of Estimated Revenue Requirement (RERR) of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited for the fiscal year 2025-26.
Ogra proposed revised tariffs of Rs1,804.08 per metric million British thermal unit (mmbtu) for SNGPL and Rs1,549.41/mmbtu for SSGCL, reflecting reductions of 3 per cent and 8 per cent respectively.
Ogra, in its statement, said that it approved the reduction after “carefully reviewing the revenue requirement of SNGPL and SSGCL” and “rationalised the demand by optimising costs as well as revenues”.
The impact of deferred cargoes in the case of Pakistan LNG Limited has been included to the benefit of gas consumers, it added.