Govt hints at uniform gas pricing, says existing system needs to be 'revisited'

ISLAMABAD: The government on Thursday hinted at introducing a uniform average gas price for all consumers, replacing the existing slab-based pricing system for different categories that involves cross-subsidies and budgetary subsidies. The average prescribed gas price, determined by the Oil and Gas Regulatory Authority (Ogra) based on the revenue requirements of gas companies, currently stands at around Rs1,700 per million British thermal units (mmBtu). However, gas is sold to consumers at di...

By [email protected] (Khaleeq Kiani)