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Articles for tag: Circular debt, EFF, Energy, fiscal, Gas, IMF, July 2026, ogra, Pakistan, SNGPL, SSGCL, Tariff

Dawn

Pakistan Misses IMF Gas Tariff Deadline as Gas Sector Circular Debt Tops Rs3.44 Trillion

Pakistan has missed the July 1, 2026 IMF deadline to notify revised gas tariffs — a structural benchmark under its $7 billion Extended Fund Facility — as gas sector circular debt reached Rs3.44 trillion. The delay is attributed to a legal dispute over the OGRA chairmanship and volatile global energy prices, with officials characterising it as a "technical breach." SNGPL alone carries Rs819 billion in gas circular debt and was unable to repay a Rs50 billion bank loan taken for LNG payments.

ProPakistani

OGRA Raises RLNG Prices Up to 16% for June as Emergency Spot Purchases Push Gas Costs to 73% Above February Levels

Pakistan's Oil and Gas Regulatory Authority has notified a 14.85–16.17% increase in Regasified Liquefied Natural Gas prices for June, reflecting the higher cost of emergency spot cargoes purchased after supply disruptions during the Gulf conflict. RLNG now costs approximately 73% more than it did in February — a price pass-through that will hit industrial consumers, power plants, and household bills in the coming billing cycle.

ProPakistani

OGRA Raises RLNG Prices Up to 16% for June as Emergency Spot Purchases Push Gas Costs to 73% Above February Levels

Pakistan's Oil and Gas Regulatory Authority has notified a 14.85–16.17% increase in Regasified Liquefied Natural Gas prices for June, reflecting the higher cost of emergency spot cargoes purchased after supply disruptions during the Gulf conflict. RLNG now costs approximately 73% more than it did in February — a price pass-through that will hit industrial consumers, power plants, and household bills in the coming billing cycle.

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
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