OGRA cuts prescribed gas prices for SNGPL, SSGC

News Image

MG News | November 25, 2025 at 09:17 AM GMT+05:00

0:00

November 25, 2025 (MLN): Oil and Gas Regulatory Authority (OGRA) has lowered the average prescribed gas prices for the country’s two state-owned utilities after revising their revenue requirements for FY2025-26.

This move will help ease consumer costs and tighten financial discipline across the sector. 

In decisions issued on November 24 under Section 8(2) of the OGRA Ordinance, the regulator provisionally set the average prescribed price for Sui Northern Gas Pipelines Ltd. (SNGPL) at Rs1,804.08 per MMBTU, according to Spokesperson OGRA. 

This is a 3% reduction from the current level, while the prescribed price for Sui Southern Gas Co. (SSGCL) was cut by 8% to Rs1,549.41 per MMBTU.

The reductions follow what OGRA described as a “careful review” of both companies’ revenue needs, including optimization of costs and an improved revenue outlook.

The regulator also factored in the impact of deferred LNG cargoes for Pakistan LNG Limited, a measure that effectively lowers the burden on end consumers.

In line with federal directives issued July 1, 2024, OGRA additionally adjusted Rs13.57 billion for SNGPL and Rs47.32 billion for SSGCL against their accumulated shortfalls and the broader stock of gas-sector circular debt.

The federal government has now been asked to advise on category-wise end-user prices.

Until it issues guidance, existing consumer tariffs will remain unchanged.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 182,569.82
444.26M
-0.75%
-1381.69
ALLSHR 109,674.48
1,031.36M
-0.66%
-729.71
KSE30 56,029.54
202.34M
-0.74%
-415.17
KMI30 256,029.67
178.30M
-0.34%
-870.00
KMIALLSHR 69,991.25
493.09M
-0.31%
-220.44
BKTi 53,548.03
54.69M
-1.27%
-688.00
OGTi 36,594.61
41.89M
1.73%
620.93
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 97,570.00 98,200.00
94,790.00
2855.00
3.01%
BRENT CRUDE 66.77 66.79
64.67
1.30
1.99%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-1.90
-2.14%
ROTTERDAM COAL MONTHLY 98.45 98.45
97.50
0.40
0.41%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 62.30 62.32
60.39
1.15
1.88%
SUGAR #11 WORLD 14.64 14.98
14.63
-0.25
-1.68%

Chart of the Day


Latest News
January 14, 2026 at 09:38 PM GMT+05:00

SBP raises Rs546bn in PIB auction


January 14, 2026 at 05:53 PM GMT+05:00

Can AI’s $18tr moat really remain indestructible?


January 14, 2026 at 05:05 PM GMT+05:00

Pakistan’s coastal island project to spark tourism wave



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg