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BusinessπŸ“ PAKISTAN

Gas Utilities Demand Up To 121 Percent Tariff Increase From Regulator

Pakistan's gas utility companies have formally petitioned the energy regulator for tariff increases ranging from 21 to 121 percent, a move that would substantially raise energy costs for consumers across the country. The request, if approved, would represent one of the most significant upward revisions to gas pricing in recent years.

The utilities cite mounting circular debt, rising operational costs, and infrastructure maintenance requirements as the primary justifications for the steep hike. The wide range of the proposed increase reflects varying cost structures across different consumer categories, with industrial and commercial consumers potentially facing the steeper end of the revision.

The application arrives at a time when Pakistan's energy sector is already under severe financial stress, with the government under pressure from the International Monetary Fund to reduce subsidies and move toward cost-recovery pricing. Any approved hike would directly affect household budgets and industrial production costs nationwide.

Civil society groups and industry bodies are expected to challenge the proposal before the regulator, citing the already significant burden on consumers dealing with high inflation. The outcome of the regulatory review will have broad implications for Pakistan's energy sector reform trajectory and macroeconomic stability.

#GasTariff#EnergyPakistan#CircularDebt#StayTunedPK
Sources: Dawn
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