The decision to increase the price of gas by 155% is likely to be made today
It is becoming more and more difficult to provide the basic necessities of life in the beloved country.
In this regard, as consumers, the citizens of the country are always under the threat of fear of inflation.
And whenever a related news is received, it spreads across the country with lightning speed.
Today is also important in the sense that we are going to know whether gas is going to be expensive or not, and if it is going to be expensive. So how much will it be?
The Oil and Gas Regulatory Authority (OGRA) will hear the request of Sui Northern to increase the price of gas by 155% in Lahore today. Preparation is underway and according to the analysts, the possibility of gas becoming more expensive is hovering over the heads.
The gas bill of the previous customer, which was Rs 100 earlier, has become Rs 600. Now the bill which is Rs 600 will be Rs 1500.
If OGRA approves the rate increase, it will be applied from July 1. Lahore Chamber and Aptma have termed the further increase in gas tariff as cruelty and said that during the hearing this will be strongly opposed.
According to a confirmed report, Sui Northern Gas Company has proposed a high price of Rs 4,489 per mmbtu.
The increase in gas prices will increase the bills by an average of 155%. Sources said that the price of gas has already increased by 600% in one year.