Notification of 172% increase in gas prices for domestic consumers

Notification of 172% improve in fuel costs for home customers

Pakistan By Oct 31, 2023 No Comments


Islam Abad: The federal government has accredited a 172% hike in fuel costs for home customers, efficient from November 1.

In a press release issued by the Oil and Fuel Regulatory Authority, it has been said that the federal authorities has accredited the rise in fuel costs. After which the Petroleum Division additionally issued a notification for the rise in fuel costs.

In keeping with the notification, the value has not been elevated for protected customers of fuel from 25 to 90 cubic meters per 30 days, whereas the mounted expenses for protected customers have been elevated from Rs. 10 to Rs. 400. The month-to-month invoice for protected customers won’t be greater than Rs. 900. Whereas the fuel charges for ovens haven’t been elevated.

The value of fuel for non-protected home customers has been elevated by greater than 172 p.c. In keeping with the declaration, the value of fuel for 25 cubic meter customers per 30 days has been elevated from Rs.200 to Rs.300 per mmbtu, for month-to-month consumption of 60 cubic meters, the value of fuel has been elevated from Rs.300 to Rs.600 per mmbtu, for month-to-month consumption of 100 cubic meters. However the value of fuel has been elevated from Rs 400 to Rs 1000 per mmbtu.

Aside from this, the value of fuel has been elevated from Rs.600 to Rs.1200 per mmbtu for month-to-month consumption of 150 cubic meters, the value of fuel for month-to-month consumption of 200 cubic meters has been elevated from Rs.800 to Rs.1600 per mmbtu, and for month-to-month consumption of 200 cubic meters, the value of fuel has been elevated from Rs. Fuel value on meter consumption has been elevated from Rs.1100 to Rs.3000 per mmbtu.

The value of fuel has been elevated from 2000 to 3500 rupees per mmbtu for consumption of 400 cubic meters per 30 days, the value has been elevated from 3100 to 4000 rupees per mmbtu for consumption of greater than 400 cubic meters per 30 days.

In keeping with the Petroleum Division, the value of fuel for ovens has been maintained at Rs 600 per mmbtu, whereas the value of fuel for energy crops has been maintained at Rs 1050 per mmbtu.

In keeping with the announcement, the value of fuel for the cement sector has been mounted at Rs 4400 per mmbtu, for the CNG sector at Rs 3600 per mmbtu, and for export industries at Rs 2100 per mmbtu. BTU is about.

In keeping with the announcement, the value of fuel for non-export industries has been mounted at Rs 2200 per mmbtu.

In keeping with the Ministry of Power, the Federal Cupboard at present despatched again the value hike abstract to the ECC, following which the Financial Coordination Committee re-approved the fuel costs in its assembly at 4 pm at present.

In keeping with the announcement issued by the Ministry of Power, the fuel reserves within the nation are reducing on the price of 5 to 10 p.c yearly, including imported fuel is rising the monetary burden on the nationwide treasury and as a result of depreciation of the rupee, the seek for fuel is rising. , manufacturing and distribution prices have additionally elevated.

The assertion mentioned that as a consequence of non-increase in fuel costs, the revolving debt has reached 2.1 trillion, the extremely worthwhile companies are utilizing pure fuel at low price, all as a consequence of inclusion within the IMF program. Withdraw the subsidy.

In keeping with the Ministry of Power, the final time fuel costs have been elevated two and a half years in the past, 461 billion rupees have been gathered within the nationwide treasury from the final improve in fuel costs. would have elevated





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