As soon as the prices of petroleum products increased, the federal government also raised the gas rates with over 100%.
Another initiative to increase the burden of the masses, who are already dealing with Economic Coordination Committee (ECC) of the federal cabinet approved increasing the gas prices.
A notification has been issued in which OGRA stated that the domestic gas consumers who utilize 100 cubic meters would witness more than 16% rates with new prices for consumer fixed at Rs350/MMBTU.
However, who utilize more 200 cubic meters would witness 32% increase.
Whereas, if we talk about commercial consumers, the gas rates has raised by 28%, for fertiliser sector 46% raise while the cement sector will witness around 17.50% surge.