Upto 200% increase in gas prices soon

Upto 200% increase in gas prices soon
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*ISLAMABAD: Gas consumers are likely to witness major increment in their gas utility bills as the concerned authorities have recommended up to 200 per cent hike to the Economic Coordination Committee (ECC).*

Petroleum Ministry sent a summary to the Economic Coordination Committee of the federal cabinet, recommending up to 200 per cent hike in gas rates.

The ministry recommended to jack up gas prices up to 200 per cent for domestic consumers and 31 per cent for commercial consumers, whereas, 25 per cent increase will be made over monthly usage of 50 units and 50 per cent against 100 units.

Those people using 200 units per month will witness increased utility bills up to 75 pc and 100 pc for consuming 300 units.

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