May 31, 2023 (MLN): The government has decided on the continuation of the concessionary tariff of $9 MMbtu for the months of May and June 2023 to five export-oriented sectors, according to a notification issued by the Ministry of Energy.

The decision will entail a supplementary grant of Rs4 billion by enabling Sui Northern Gas Pipelines Limited (SNGPL) to disburse a subsidy of Rs2bn each for the months of May and June 2023.

To recall, on April 29 2023, the company had withdrawn the concessionary tariff, as the subsidy allocated by the government for the supply of gas/RLNG at a subsidized rate had been fully exhausted.

The company had also notified earlier that the gas/RLNG to the industrial unit will remain available at OGRA-notified tariff.

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Posted on: 2023-05-31T12:02:02+05:00