Pakistan

OGRA HOLDS PUBLIC HEARING IN PROVINCIAL CAPITAL OF SINDH AT KARACHI

By: Rana Tariq

The Oil and Gas Regulatory Authority (OGRA) holds public hearing at local hotel in Provincial Capital of Sindh, Karachi on December 18, 2023 on the petition filed by Sui Southern Gas Company Limited for Review of its Estimated Revenue Requirements / Prescribed Prices for F.Y.2023-24. The petitioner has projected a shortfall in revenue requirement for FY 2023-24 at Rs. 47,773 million, including Rs. 2,842 million on account of LPG Air-mix project for FY 2023-24. SSGC has also included UFG disallowance pertaining to Balochistan region in the revenue shortfall as part of revenue requirement. The petitioner has accordingly sought an increase in its average prescribed price by Rs. 226.18 per MMBTU effective 1st July, 2023. Besides above, the petitioner has estimated RLNG cost of service at Rs. 48.80/mmbtu for FY 2023-24.
OGRA invites participation of stakeholders to attend the scheduled hearing or submit their comments, suggestions, and intervention requests in writing to Senior Registrar, OGRA (registrar@ogra.org.pk) with ensuring their participation in the hearing in person or virtually through zoom application.

Leave a Reply

Your email address will not be published. Required fields are marked *