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flag Pakistan raises gas prices 7.14% and 4.89% for major companies, reversing earlier expected cuts.

flag The Oil and Gas Regulatory Authority (OGRA) approved a 7.14% increase in gas prices for Sui Southern Gas Company and a 4.89% rise for Sui Northern Gas Pipelines for Pakistan’s current fiscal year, reversing earlier reports of an 8% reduction. flag Final rates are set at Rs1,777.20 and Rs1,852.80 per MMBTU, respectively, with a Rs60.88 billion adjustment for gas companies. flag OGRA has proposed a 3% cut for SNGPL and 8% for SSGCL in the upcoming fiscal year, pending government approval. flag Current prices remain in effect until formal notification. flag The decision follows a review of revenue needs and cost factors, including deferred LNG cargoes. flag Federal officials emphasized uninterrupted winter supply amid improved domestic gas availability.

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