Gas utilities seek massive increase for FY26

ISLAMABAD: The two gas utilities — SNGPL and SSGCL — have sought about 42 and 144 per cent increase in the prescribed gas prices, respectively, to meet their revenue requirements for 2025-26.

The prescribed gas prices are revised twice a year under the law following determinations by the Oil and Gas Regulatory Authority (Ogra) on the basis of which the government sets the consumer gas prices for various categories. The government has committed to the International Monetary Fund (IMF) for...