ISLAMABAD: The federal cabinet of Pakistan approved a hike of 67% in gas prices in a meeting on Thursday.
The cabinet meeting presided over by Pakistan’s Caretaker Prime Minister Anwar ul Haq Kakar gave approval for a gas price hike for the protected, non-protected, and captive plants.
The rates for the non-protected consumers will be increased by 300 rupees per mmbtu.
Fixed charges would also be increased for both protected and non-protected consumers.
Other consumers who use a larger quantity of the gas would be charged 900 rupees per mmbtu, the meeting decided.
CNG Prices
CNG users would be provided gas at 170 rupees per mmbtu.
The hike will be applicable from July 1, imposing an additional burden of 204 billion rupees on the consumers.
