- Sui Southern Gas Company and also Sui Northern Gas Private Limited seek raise in gas cost.
- The state-owned gas energies have actually submitted requests to the Oil as well as Gas Regulatory Authority.
- According to the applications, SSGC has asked to raise the toll by Rs109.78 per mmbtu and SNGPL by Rs857.40 per mmbtu.
ISLAMABAD: The Sui Southern Gas Firm (SSGC) as well as Sui Northern Gas Private Limited (SNGPL) have looked for an increase in the gas tariff from the Oil as well as Gas Regulatory Authority.
SSGC has asked to increase the tariff by Rs109.78 per statistics million British thermal unit (mmbtu) as well as SNGPL by Rs857.40 per mmbtu. They desire the gas tariff boost to begin with July 1, 2021.
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SNGPL has requested for an estimated profits need (ERR) for fiscal year 2021-22 in its petition. It has actually projected an increase of Rs1415.91 per mmbtu, including the previous years’ shortage of Rs66.75 per mmbtu for fiscal year 2021-22 in regular business.
The price of RLNG, drawn away in the direction of the domestic sector, has actually been asserted in the application at Rs27.940 billion as part of the expense of gas.
The SNGPL has sought an increase in revenue requirement for fiscal year 2021-22 by 35.38% to Rs283.099 billion from 209.113 billion. In its petition, SNGPL has actually pointed out that it is likewise encountering previous year’s shortage of Rs254.108 billion.
SSGC, nonetheless, has requested for boost in the suggested price of gas by Rs109.78 per unit for an estimated profits need for financial year 2021-22, mostly due to an increase in operating cost which has actually boosted to Rs25.595 billion from Rs19.273 billion and also return on possessions which totaled up to Rs7.704 billion.
It has actually estimated RLNG price of service of Rs16.715 billion or Rs43.38 per mmbtu in the RLNG head. The gas business is presently encountering a shortage of Rs34.994 billion.