Gas Prices Could Increase by Up to 30% Soon, according to recent filings by Pakistan’s major gas utilities and regulatory discussions. The proposed increase would affect both households and industry users.
The request from utilities shows that Gas Prices Could Increase by Up to 30% Soon as companies cite higher import costs, equipment maintenance, and losses in supply chains. The utilities argue that without the hike, operations will become unsustainable.
Officials have submitted proposals to the regulatory body which, if approved, could raise the tariff from the current level by as much as 20-30%. Government and industry sources say this is one of the largest single hikes in years. The increase is likely to be felt first in non-protected domestic slabs and industrial users.
Analysts warn that if approved, the rise in gas tariffs will raise monthly bills for many households. Industries could also face higher production costs, which may translate into higher prices for goods and services. Economists say the timing is difficult given high inflation and economic pressure on many families.
Regulatory hearings are expected in the coming weeks. The regulator will examine the utilities’ justification, cost-recovery needs, and impact on consumers. The government has indicated it may consider subsidies for the poorest households, but details remain vague. The sector’s circular debt and under-pricing issues have put pressure on regulators to approve higher tariffs.
Industries and business groups are already raising concerns. They say that a 30% hike in gas prices could reduce competitiveness and lead to job losses. Some industrial sectors are warning of possible production cuts if energy tariffs rise sharply.
On the household front, many consumers may shift to alternative energy sources or reduce usage if bills climb steeply. Energy-saving behaviour may become more common. This could impact demand for gas and shift burdens onto other energy sectors.
Gas Prices Could Increase by Up to 30% Soon, signalling a significant shift in Pakistan’s energy pricing. Both regulators and consumers now await the decision on how and when the increase will be implemented.
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