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The Oil and Gas Regulatory Authority (OGRA) has notified 16.6 per cent to 113pc hike in the tariff of gas for oil categories for January to June 2023.

The development comes shortly after a massive increase in the prices of petroleum products by the coalition government.

The authority, in a statement, says the Ministry of Energy (Petroleum Division) communicated the decision of the Economic Coordination Committee (ECC), ratified by the federal cabinet, in respect of gas sale price, effective January 01, 2023.

After receiving the said advice, the OGRA notified the sale prices against each category of retail consumers of natural gas.

For domestic consuming up to 100 cubic metres of gas, the price has been increased by 16.6 percent from 300 to Rs350 per MMBTU, an increase of Rs50 per MMBTU. For domestic consumers who utilise 200 cubic metres, the rate has been increased by 32 percent from 553 to Rs730 per MMBTU.
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