Gas prices in Pakistan poised to rise as companies submit hike requests
Gas companies submit requests for higher rates for financial year 2025–26
Gas companies submit requests for higher rates for financial year 2025–26
Petrol price increases by Rs4.70 to reach Rs268.68
Price of domestic cylinder falls by Rs79.14
The final decision on the price adjustment will be made by the prime minister
Price hike applies to bulk consumers, power sector and other industrial segments
Experts say 'The rise is largely sentiment-driven'
Statement reads gas fields were temporarily closed in December when the power sector was not utilizing RLNG as per its demand
OGRA approves increase of 8.71% in gas prices for SNGPL, 25.78% hike for SSGCL
Active restocking of rapidly-declining gas inventories in Europe, Asia should also spur strong demand