(Reuters) – Pakistan’s oil and gas regulator on Wednesday allowed Sui Northern Gas Pipelines Ltd and Sui Southern Gas Company Ltd to hike their prices by 74.42% and 75.35%, Dawn newspaper reported.
Sui Northern Gas Pipelines was allowed to raise its average prescribed gas prices for the current fiscal year by rupees 406.28/mmBtu ($1.78) and Sui Southern Gas Company by 499.28/mmBtu, the report said.
Implementation of the hike depends on an approval from the government.
($1 = 228.0000 Pakistani rupees)
(Reporting by Shivam Patel)
