Gas Bills Going Up from Today!
#OGRA has approved a major gas tariff hike, part of reforms under Pakistan’s
#IMF deal to fix circular debt and energy losses.
Here’s what it means:
For Households
• Protected: PKR 600/month (up from 400)
• Non-protected: PKR 1,500 (was 1,000)
• High usage: PKR 3,000 (was 2,000)
Even if usage stays the same, bills will rise due to higher fixed charges
For Industries
• Exporters: No change
• Non-exporters: Tariff up 7% (now PKR 2,300/mmbtu)
➡️ Higher costs for steel, glass, chemicals, etc.
Winners?
Gas utilities like
#SNGP &
#SSGC
• More upfront cash from fixed charges
• Better cash flow = less debt timely payments to PPL & OGDC
• Could boost dividends new investments
Tough for users, but aimed at long-term fixes to Pakistan’s energy mess.
#gasprices #pakistaneconomy #Pakistan #PSX #EnergyReform #StockMarketUpdate #energy #PPL #OGDC #GasTariff #IMFReforms #Utilities #CostOfLiving