The Oil and Gas Regulatory Authority (OGRA) on Monday announced a reduction in gas prices for consumers across Pakistan by up to eight percent, with the final decision resting on the federal government.
The authority stated that it has determined the Review of Estimated Revenue Requirement (RERR) of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) for the fiscal year 2025-26.
In its statement, OGRA noted that it approved the reduction after "carefully reviewing the revenue requirement of SNGPL and SSGCL" and "rationalised the demand by optimising costs, along with revenues."
The authority also adjusted Rs13.565 billion for SNGPL and Rs47.315 billion for SSGCL as part of its financial calculations. Meanwhile, OGRA urged the Prime Minister Shehbaz-led government for advice on category-wise sale prices, stating that any revision, as advised by the government, will be notified regarding the same.
Separately, Minister of Petroleum Ali Pervez Malik instructed gas supplying companies to ensure uninterrupted supply during winters, and directed them to take necessary measures to facilitate the public during the season.
The minister noted that this year, the domestic gas supply was "significantly better" compared to last year.