Gas prices to go up from July 1

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The ministry of petroleum and gas has decided to raise prices of natural gas from July 1.

A source in the ministry said that the gas prices could go up after the gas infrastructure bill was approved. The gas prices are likely to scale up by 53 percent for industrial consumers, 18 percent for commercial consumers and 64 percent for fertilizers factories. The source said that the price of CNG was also likely to rise by 25 percent after the bill was approved.