31% rise in gas rates; CNG price to soar too

KARACHI: Government has decided to raise the gas prices by 31 per cent which as a result will make the CNG expensive by at least Rs13 per kilogram.

The rate of CNG will jump to Rs51 from the existing Rs38.25 per kg.

Acting Federal Minister for Oil and Gas Shah Mehmood Qureshi announced to increase the gas price at a press conference here on Monday.

He said the rise will not affect the domestic consumers of 200 cubic meter gas per month.

The Minister maintained that 91 per cent households will not be affected by this decision. “The government will get Rs61 billion from the increase in the gas rate,” he added

Source : GEO TV