*ISLAMABAD: The incumbent government has increased gas prices for the theexport industry by up to 80pc. *The rate of gas per mmBtu for theexport-oriented sector has been increased by Rs530 and has been fixed atRs1,350 per mmBtu from Rs820.
The rate for general industry has been increased from Rs850 per mmBtu andnow has been fixed at Rs1,550 per mmBtu.
This will mostly apply in Sindh where the current price for export andgeneral industry stands at Rs820 and Rs853 per mmBtu, respectively, showingan increase of almost 65pc and 82pc.
Defending the recent increase, spokesperson for the Finance ministry, RanaAhsan Afzal said increasing prices of electricity and gas for theindustrial sector was inevitable.
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He further said that the government is still providing gas to theexport-oriented industries at the concessional rate.
The spokesperson said the government has allocated Rs40 billion for thesubsidies to the export-oriented industries so that they can compete in theinternational market.
