Gas utilities seek 21-121pc tariff hike

• Hearings set for May 12-13 in Lahore and Karachi • Consultant proposes a nominal cut in UFG allowance ISLAMABAD: An independent consultant, hired by Oil and Gas Regulatory Authority (Ogra), has proposed a nominal scale-down in the billing of unaccounted-for-gas (UFG) losses to gas consumers over the next five years, as the two gas utilities seek about 21 and 121 per cent increases in the prescribed tariffs to meet their revenue requirements for 2026-27. Ogra has called public hearings on Ma...

By none@none.com (Khaleeq Kiani)