Islamabad: Gas consumers in Pakistan may see some relief in the coming months after the Oil and Gas Regulatory Authority (OGRA) announced reductions in the prescribed prices for the country’s two major gas utilities.
OGRA has lowered the prescribed price for Sui Northern Gas Pipelines Limited (SNGPL) to Rs1,804.08 per MMBTU, reflecting a 3% decrease. The prescribed price for Sui Southern Gas Company Limited (SSGCL) has been cut by 8% to Rs1,549.41 per MMBTU for the fiscal year 2025-26.
These prescribed prices form the basis for calculating consumer gas tariffs. While the reductions signal potential savings for domestic and commercial users, the final impact on bills will depend on the federal government’s approval of category-wise sale prices. Until the government issues its directive, existing consumer tariffs will remain unchanged.
OGRA said the revised figures were determined after a careful review of the revenue requirements of both gas utilities, optimisation of costs and revenues, and consideration of deferred LNG cargoes from Pakistan LNG Limited. The regulator added that the adjustments are expected to directly benefit consumers financially.
As part of efforts to stabilise the gas sector and reduce circular debt, OGRA also adjusted Rs13.565 billion for SNGPL and Rs47.315 billion for SSGCL, following federal cabinet decisions issued in July 2024.
Officials indicated that if the government passes on the full reduction in prescribed prices, domestic and commercial gas users could see lower bills in the near future, marking a potential relief for households and businesses across Pakistan.
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