ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) have sought significant increases in prescribed gas prices to meet their revenue requirements for the fiscal year 2026–27.
SNGPL has proposed a 21% increase, requesting a hike of Rs310 per unit to raise the prescribed price from Rs1,853 to Rs2,162. The company cited a revenue shortfall of Rs585 billion, including Rs576 billion carried forward from previous years.
Meanwhile, SSGCL has sought a much steeper increase of 121%, proposing to raise its prescribed price from Rs1,777 to Rs3,935 per million British thermal units (mmBtu). However, when factoring in accumulated unrecovered shortfalls exceeding Rs545 billion, the company’s total requested increase rises to 286%, pushing the price to Rs6,855 per unit to meet an overall revenue requirement of Rs1.28 trillion.
The petitions have been finalised by the Oil and Gas Regulatory Authority (OGRA), which has scheduled public hearings to review the requests. The hearing for SNGPL is set for April 21, while SSGCL’s case will be taken up on April 22.
Both utilities argue that the proposed adjustments are necessary to cover operational costs, LNG diversion expenses, and longstanding financial deficits. The outcome of these hearings will play a critical role in determining future gas tariffs, with potential implications for consumers and industries already facing rising energy costs.
