The cabinet’s Economic Contact Committee (ECC) meeting held in Islamabad under the chairmanship of Asad Umar, which approved the increase in prices of gas after detailed review of Revised Samri’s prices. When the ECC has also approved introduction of new slab prices for gas domestic and commercial consumers.
After the meeting Federal Minister Petroleum Ghulam Sarwar Khan briefed the media that gas companies were operating in 2013, but gas companies in the year 2018 were facing a loss of 152 billion rupees.
Ghulam Sarwar Khan said 60 percent of the consumers use LPG and other sources for fuel, LPG has been deposited by 10% GST while the LNG consumers are being subscribed to the crores. He said that the agreement was signed by the previous government to the LNN, and the NAB officials are watching this agreement.
The petroleum said that monthly use of gas used for domestic consumers has been increased from 3 to 7.
According to the new slabs introduced to domestic consumers, the cost of gas to consumers upto 50 units increased by 110 percent to MMBTU and to 121 mm MMBTU according to the increase in the price of gas. It has been approved that the monthly bill of gas will be increased from 252 to monthly to 275 rupees.
According to the increase of 15% for gas consumers using up to 100 units monthly, 110 rupees have been approved from MMBTU and 127 rupees MMBTU, which has been approved by the consumers’ monthly bill of Rs. 480 The increase will be 551 rupees monthly.
Similarly, according to the increase of 20 percent for domestic consumers using up to 200 units monthly, 220 rupees have been approved by MMBTU to make 264 rupees MMBTU, which allows consumers to monthly gas The bill will rise from Rs 1851 to Rs.26 216 per month.
According to the increase of 25 percent for domestic consumers using 300 units monthly, 220 rupees have been approved from MMBTU to raise up to Rs 275 billion MMBTU, which allows consumers to pay monthly bills of 2,000 From Rs 764 to Rs 3 thousand 449 will be monthly.
According to the increase of 30 percent for domestic consumers by 400 units monthly, 600 rupees have been approved from MMBTU to make up to 780 rupees MMBTU, for which these consumers monthly gas 9 12 thousand 980 rupees will rise monthly than Rs 990.
According to the increase of 143 percent for gas consumers using 500 units monthly, 600 rupees have been approved by MMBTU to make up to 1460 mm MMTTU, which has been approved by the consumers’ monthly bill of gas. Rs. 12 thousand 48 rupees will be Rs. 30 thousand 339 per month.
According to the increase of 143 percent for domestic consumers using more than 500 units monthly, 600 rupees have been approved by MMBTU to make 1460 mm MMBTU, which has been approved by the customers of gas. The monthly bill will rise from 14 thousand 973 rupees to 36 thousand 40 rupees monthly.
According to 40% increase for customer consumers, 700 rupees have been approved for MMMTTU by raising MMBTU and 980 rupees.
Fertilizer (feed) has been approved to increase MMBTU by 123 rupees and raising MMBTU for up to 50 percent for old plants.
According to an increase of 40 percent for the freelancer sector, 600 rupees have been increased from MMBTU and making a BMBU 780 rupees.
According to 40 percent increase in general industrial and capto power plants, 600 rupees have been approved by MMBTU to make a BMBU 780 rupee.
According to 57 percent increase for Power Sector, 400 rupees have been increased from MMBTU and Rs 629 to MMMTT has been approved.
According to 30 percent increase in cement segment, 750 rupees have been approved by MMMBT to make MMBTU 975 rupees.
Apart from this 40 percent increase in CNG customers has been approved by increasing 700 rupees from MMBTU to make MMBTU 980 rupees.
It is clear that Prime Minister Imran Khan approved 46 percent increase in gas prices in the beginning of the month, according to the September 10 meeting of Economic Relations Committee, which was raised to increase gas prices.