13 percent gas price hike proposed by OGRA

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OGRA chairman has presented in writing the proposal for hike in price of gas for domestic and industrial consumers by 13.65 percent in the meeting of National Assembly (NA) standing committee on petroleum and natural resources.
Committee met here Tuesday under Sardar Talib Hussain Nakai in the office of Oil and Gas Development Company.
Members of committee expressed their severe reservation over OGRA chairman proposal saying increase in prices would shift additional burden to the people and affect the investment in gas sector.
Minister for petroleum Dr Asim told the committee that the distribution system of gas between the provinces was unjust which needed to be reviewed.
Irregularities had been detected in gas sector and Prime Minister had taken notice of it, he pointed out. Investigations were underway, he told. Ministry had no methodology to check CNG cylinder fitted in the vehicles, he informed.
He claimed that Iran –Pakistan gas pipeline would be completed in December, 2012 instead of 2014.
Managing Director Sui Northern Pipe Line Arif Hamid told the committee that no law was in place to take action against gas stealers.