Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

SNGPL earns Rs 5.3 billion through fast track gas connection policy

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November 12, 2019: Sui Northern Gas Pipelines Limited (SNGPL) has earned about Rs 5.3 billion through fast track gas connection policy.

“SNGPL has received Rs 5.3 billion so far on account of urgent fee. This amount is treated as “Operating Income” of SNGPL and is utilized in accounting for the tariff of gas for consumers and in this way the benefit goes to consumers at large,” said the ministry of petroleum division in a written reply to the National Assembly.

The fast track gas connection policy was approved by OGRA in February 2014, and under the scheme, the potential consumer desirous of a Fast Track, has to pay Rs. 25,000 as urgent fee.

Fast Track Scheme does not violate the rights of applicants under the normal merit system.  Normal merit and Fast Track connections have a separate quota which is in the ratio of 90:10 respectively.

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Posted on: 2019-11-12T15:46:00+05:00

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