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PAKISTAN GAS PRICES TO RISE BETWEEN 8 AND 10 PER CENT.
ISLAMABAD, March 1 Asia Pulse - Pakistan's cabinet has agreed to increase gas tariffs for domestic consumers by between 8 and 20 per cent effective today.
Official sources confirmed that the cabinet had also approved the dismantling of Pakistan Petroleum's Gas Price Agreement, 1982, aimed at phasing out the gas subsidy in five years.
Petroleum Secretary Abdullah Yousaf told newsman that there was no change in the gas prices for any other consumer group and added that a notification in this regard would be issued on Thursday.
The secretary said that an average 8.5 per cent increase had been approved by the cabinet and added that there would be no increase for gas consumption up to first 100 units. The tariff for first slab of 101-200 units would go up by 7.9 per cent, and for above 500 units by 20 per cent, he said.
After the dismantling of the ...
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Source: HighBeam Research, PAKISTAN GAS PRICES TO RISE BETWEEN 8 AND 10 PER CENT.