Gas prices to remain unchanged for six months

January 07, 2026 (MLN):  Pakistan will be keeping gas prices unchanged for the next six months, provide enhanced gas supply to domestic consumers, and export surplus LNG to international markets, which marks a significant milestone in petroleum and gas sector reforms.

The 12th meeting of the National Assembly Standing Committee on Petroleum was chaired by Syed Mustafa Mehmood, during which Federal Minister for Petroleum Ali Pervaiz Malik informed members that negotiations with Qatar have concluded to divert Pakistan’s excess LNG cargoes abroad while honoring contractual obligations.

He emphasized that Qatar has been a reliable supplier during global supply challenges, and Pakistan values this strategic partnership, according to a press release issued.

Highlighting ongoing reforms, Ali Pervaiz Malik shared that circular debt in the gas sector has been controlled, with no fresh debt creation, and enhanced gas supply is being provided nationwide.

Managing Directors of Sui companies reported operational improvements, including a reduction in Unaccounted-for Gas (UFG) losses SNGPL from 9% to 5% and SSGC from 17% to 10% and the deployment of IoT-based monitoring systems to improve real-time pressure monitoring.

MD SNGPL also noted that gas supply hours have been extended from 5:00 am to 10:00 pm to benefit consumers during winter, while the government is working with the World Bank on capacity building for the Directorate General of Petroleum Concessions.

The Committee appreciated the progress made in reforms, governance, and consumer-focused measures in Pakistan’s petroleum and gas sector.

Copyright Mettis Link News