Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Abbasi rules out hike in gas prices for domestic consumers

byCT Report
04/11/2016
in Business
Share on FacebookShare on Twitter

 

ISLAMABAD: Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi on Thursday announced that there will be no hike in the gas prices for the domestic consumers.

You might also like

LNG prices decrease in Pakistan

29/08/2026

Bejaan Resorts, South Air sign agreement

28/08/2026

While addressing a press conference, he said that the government would not increase gas prices and existing level of prices would be maintained. It is pertinent to mention here that Oil and Gas Regulatory Authority (OGRA) had recently decided to increase gas price up to 36 percent for the ongoing financial year.

The minister also announced that OGDCL has made three discoveries in Sindh which will help adding 30 mmcfd of gas to the system. Two discoveries were made in Mithri and Gundanwari of District Khairpur, while one was made in Khamiso of District Gothki, he said.

Flanked by OGDCL Chairman Zahid Muzaffar and OGDCL CEO Zahid Mir, the minister said that the domestic consumers in Punjab province were facing 40 percent gas shortages. After 18th amendment, domestic consumers in Punjab were facing gas shortage as now the government is bound to provide more gas to the gas producing province. “We have proposed that the domestic consumers, in all the provinces, should be our primary recipient of gas, but it is not possible under the current interpretation of the constitutional provision” he maintained. “Council of Common Interests (CCI) needs to review this clause for uniform gas distribution for domestic consumers in all provinces, he added.

Related Stories

LNG prices decrease in Pakistan

byCT Report
29/08/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Saturday notified a significant reduction in liquefied natural gas (LNG) prices...

Bejaan Resorts, South Air sign agreement

byCT Report
28/08/2026

ISLAMABAD: Bejaan Resorts and South Air (Private) Limited will formally enter into a strategic partnership aimed at strengthening air connectivity...

Petroleum Minister calls for review of gas subsidy system, pricing slabs

byCT Report
27/08/2026

ISLAMABAD: Federal Petroleum Minister Ali Pervaiz Malik has called for a review of the existing gas subsidy system and pricing...

Punjab moves to scrap old, unfit vehicles under new legal framework

byCT Report
25/08/2026

LAHORE: The Punjab government has introduced a new legal framework for scrapping old, unfit and polluting vehicles, declaring certain categories...

Next Post

Philippines Port cargo volumes up 9% in first 9 months

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.