ECC increases gas tariffs by 23 rupees

ISLAMABAD: The Economic Co-operation Committee has agreed to raise gas tariffs by 23 rupees, the increment was approved today, Monday.

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Putting to rest speculations regarding a “gas bomb” being dropped on the public, Petroleum Minister Ghulam Sarwar while addressing the media after the ECC meeting said the increase in tariff was targetted at higher tariff slabs.

“We have only approved an increase of Rs23 in the total gas bill for the common man,” he said while addressing a joint press conference with Information Minister Fawad Chaudhry in Islamabad.

Sarwar further announced that the number of tariff slabs for the commodity have also been increased from three in the past to seven now.

“Only 23 per cent of the country’s population is using the gas network,” he said.

“Both Sui Southern Gas Company and Sui Northern Gas Pipelines Limited were in profit before the PML-N government came to power in 2013. Now, they have left with both companies operating with a deficit of Rs152 billion rupees,” the petroleum minister said.

“It was difficult for the government to streamline issues as gas was being earlier purchased for higher prices and sold cheap,” Sarwar said.

  • Domestic gas consumers using 50 cubic meters will see an increase of 10%. The new rate per month will be Rs275 from the old rate of Rs252.”
  • Domestic gas consumers using 100 cubic meters will see a rise of 15 per cent and the new rate per month will be Rs551 from old rate of Rs480.
  • Domestic gas consumers using 200 cubic meters will see a rise of 20 per cent and the new rate per month will be Rs2,216 from the old rate of Rs1,851.
  • Domestic gas consumers using 300 cubic meters will see a rise of 25 per cent. New rate per month will be Rs3,449 from old rate to Rs2,764.
  • Domestic gas consumers using 400 cubic meters will see a rise of 30 per cent. New rate per month will be Rs12,980 from old rate of Rs9,990.
  • Domestic gas consumers using up to 500 cubic meters will see a rise of 143 per cent. New rate per month will be Rs 30,339 from old rate of Rs 12,482.
  • Domestic gas consumers using over 500 cubic meters will see rise of 143 per cent. New rate per month will be Rs36,402 from old rate of Rs 14,973.

 

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