Gas price for domestic consumers reduced
Prices of gas for domestic consumers and industrial and power sectors have been reduced for six months (July to Dec). The rate for the fertiliser sector has, however, been increased and there is no relief for CNG and cement sectors.
The Oil and Gas Regulatory Authority notified the new prices after the prime minister approved a summary sent to him by the ministry of petroleum.
The price of gas for domestic consumers (all slabs) has been reduced by two per cent and for independent power producers, captive power and industries by 4.46 per cent.
The government has decided not to reduce prices for commercial consumers, CNG and cement plants.
Minister of State for Economic Affairs Hina Rabbani Khar told Dawn the government had already given relief to the CNG sector by withdrawing the proposed Rs6 per kg carbon surcharge from which government had estimated to collect Rs12 billion during 2009-10.
The government has decided to equalise the prices of gas supplied to fertiliser plants and the rates have been rationalised upwards between 6.10 per cent and 7.63 per cent.
The feedstock gas prices for Pak-Arab Fertiliser and Dawood Hercules Fertiliser have been increased by 6.10 per cent and for Fauji Fertiliser and Engro by 7.63 per cent.
However, prices of gas directly supplied to Wapda from Kandkot, Sara-Suri and Guddu fields have been reduced by 4.6 per cent.
|
