In a significant development, the federal government is contemplating a substantial hike in gas tariffs, affecting industries, domestic users, and commercial customers alike. This decision comes after extensive discussions and planning, making it one one of the most noteworthy adjustments in recent years, as reported by various media outlets.
The Ministry of Energy has proposed a comprehensive adjustment in gas tariffs, with different sectors facing varying percentage increases. These adjustments poised to have far-reaching impacts on the economic landscape:
Commercial Customers:
The Ministry of Energy has suggested a substantial 136% increase in gas tariffs for commercial customers, which could have implications for a wide range of businesses across the country.
Export Industry:
Export-oriented businesses will also see a significant adjustment, with a proposed increase of 71% in gas tariffs, which could impact their cost structures and global competitiveness.
Industrial Users:
Industrial consumers expected to bear a 117% hike in gas tariffs, which might prompt strategic decisions in the manufacturing and production sectors.
Bulk Consumers:
Bulk consumers, an essential component of the energy landscape, are looking at a 25% increase in their gas tariffs, which might impact a wide range of industries.
Cement Industry:
The cement industry, a cornerstone of the construction sector, is facing a substantial 193% increase in gas tariffs, potentially affecting infrastructure development in the country.
The proposals are under review by both the ECC and the federal cabinet, showing the government’s cautious approach to this significant change.
Certain categories, like protected domestic consumers and Roti Tandoor operations, will be exempt from these changes to protect essential household services.
The government may raise monthly charges for domestic users from Rs 10 to Rs 400, affecting homeowners’ monthly expenses.
For various categories of gas consumers, the adjustments are as follows:
- Monthly one cubic meter gas tariff will increase from Rs 340 to Rs 760 per MMBTU.
- 1.5-hectare consumers will see an increase from Rs 467 to Rs 1067 per MMBTU.
- 2 AGM3 consumers will experience a hike from Rs 650 to Rs 1300 per MMBTU.
- 3 AGM3 consumers will see an increase from Rs 900 to Rs 2067 per MMBTU.
- For 4 AGM3 consumers, the tariff will rise from Rs 1325 to Rs 3125 per MMBTU.
- Consumers using more than 4 AGMs per month will face an increase from Rs 2220 to Rs 4000 per MMBTU.
The government aims to address economic challenges and ensure energy sector sustainability. Businesses and consumers closely watch these proposals for potential profound impacts.
