SSGC wants industries to reduce gas consumption

KARACHI: Factories and captive power plants in Sindh and Balochistan would shut down from Wednesday if consumption was not immediately reduced, Sui Southern Gas Company (SSGC) warned on Tuesday.

It said supply from some of the major fields had reduced considerably. Total supply of gas that SSGC buys from petroleum exploration companies has dropped 19 percent to 999 million cubic feet per day (MMCFD) in October from 1197 MMCFD in the same month of last year, said Azeem Siddiqui, SSGC deputy managing director, at a press conference.

Gas tariff increased by 18 per cent

ISLAMABAD: An across-the-board increase of 18 per cent in prices of natural gas for all categories of consumers — domestic, industrial, commercial and CNG stations — with immediate effect from Friday was notified by the Oil and Gas Regulatory Authority on Thursday night.

According to the notification, the increase will yield an additional revenue of about Rs21 billion to the Sui Northern Gas Pipelines Limited (SNGPL) and Rs11 billion to the Sui Southern Gas Company Limited (SSGCL) during the current fiscal year.