The Oil and Gas Regulatory Authority (Ogra) approved on Thursday up to 14 per cent increase in the average rates for consumers of the Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL).
Ogra has worked out a five per cent increase in the average rates for SSGCL and 14 per cent for SNGPL on the basis of 4.5 per cent unaccounted for gas (UFG) losses.
The authority arrived at the figure for the UFG losses after public hearings in various cities about estimated revenue requirements of the gas utilities. The new rates would be notified after the federal government decides how to distribute the tariff increase among the various consumer categories.
