BAFL 45.66 Increased By ▲ 0.56 (1.24%)
BIPL 20.08 Decreased By ▼ -0.17 (-0.84%)
BOP 5.34 Decreased By ▼ -0.06 (-1.11%)
CNERGY 4.54 Increased By ▲ 0.01 (0.22%)
DFML 16.01 Increased By ▲ 0.33 (2.1%)
DGKC 78.62 Increased By ▲ 5.74 (7.88%)
FABL 27.80 Increased By ▲ 0.65 (2.39%)
FCCL 18.86 Increased By ▲ 1.21 (6.86%)
FFL 8.96 Decreased By ▼ -0.13 (-1.43%)
GGL 12.85 Increased By ▲ 0.21 (1.66%)
HBL 111.54 Increased By ▲ 0.88 (0.8%)
HUBC 122.23 Increased By ▲ 0.71 (0.58%)
HUMNL 7.69 Increased By ▲ 0.34 (4.63%)
KEL 3.29 Increased By ▲ 0.06 (1.86%)
LOTCHEM 27.80 Increased By ▲ 0.48 (1.76%)
MLCF 42.36 Increased By ▲ 3.03 (7.7%)
OGDC 110.37 Increased By ▲ 2.37 (2.19%)
PAEL 18.97 Increased By ▲ 1.41 (8.03%)
PIBTL 5.46 No Change ▼ 0.00 (0%)
PIOC 114.91 Increased By ▲ 6.91 (6.4%)
PPL 94.72 Increased By ▲ 2.97 (3.24%)
PRL 25.32 Increased By ▲ 0.44 (1.77%)
SILK 1.10 Increased By ▲ 0.02 (1.85%)
SNGP 64.32 Increased By ▲ 1.22 (1.93%)
SSGC 12.26 Increased By ▲ 0.37 (3.11%)
TELE 8.36 Increased By ▲ 0.17 (2.08%)
TPLP 13.35 Increased By ▲ 0.24 (1.83%)
TRG 83.84 Increased By ▲ 2.23 (2.73%)
UNITY 25.89 Increased By ▲ 0.14 (0.54%)
WTL 1.54 Increased By ▲ 0.02 (1.32%)
BR100 6,308 Increased By 126.6 (2.05%)
BR30 21,973 Increased By 434.1 (2.02%)
KSE100 61,691 Increased By 1160 (1.92%)
KSE30 20,555 Increased By 366.1 (1.81%)
Print Print 2023-06-03

SNGPL and SSGCL: OGRA determines revenue requirements for FY24

  • Average prescribed price per MMBTU has been recommended at Rs1,238.68
Published June 3, 2023

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has determined the revenue requirements of gas companies for fiscal year 2023-24. The average prescribed price per MMBTU of gas has been recommended at Rs1,238.68 and the increase in price per MMBTU is Rs415.11 with increase percentage of 50% for SNGPL.

The average prescribed price for SSGCL has been determined at Rs1,350.68 with increase in price per MMBTU at Rs417.23 and the increase percentage is 45%.

The average prescribed price determined by Ogra, mainly comprises cost of gas that constitutes approximately over 85% of the determined price. The cost of gas is a pass-through item and calculated in accordance with the agreement signed between the government and gas producing companies.

SNGPL announces to have UFG reduced by 128pc

The federal government has been requested to advice on category-wise sale prices. Any revision, as advised by the federal government, shall be accordingly notified by Ogra. Till such time the existing category-wise natural gas sale prices shall continue to prevail.

The details of Ogra’s decision regarding revenue requirements of gas utilities are available on Ogra website.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Maqbool Jun 03, 2023 10:03am
While Sngpl and Sgtc helped by Ogra, always come up with Gas Price increases, how come they are incapable of reducing their Stolen Gas , or Gas Losses ? These are said to be some of the highest in the World . Self Profit ?
thumb_up Recommended (0)
Maqbool Jun 03, 2023 10:50am
@Tulukan Mairandi, strange you blame our Iron Brother but not the Pakistani bribe taker who wrote the specs .
thumb_up Recommended (0)