PNG Price: If you use piped gas i.e., PNG, for cooking, then this news is very important for you. Let us tell you that due to rising inflation in the country, there is a lot of fluctuation in the prices of things. After which, the budget of the people is getting affected a lot. In such a situation, if we talk about cooking gas PNG, then let us tell you that now the rates of PNG are the same across the country. No matter how much gas you use. No limit has been fixed for this.
The Petroleum and Natural Gas Regulatory Board (PNGRB) has directed the city gas companies by the government not to fix different rates on the basis of gas consumption from domestic customers. Now, gas should be given to everyone at the same rate. After the instructions of the government, the common people have breathed a sigh of relief.
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What is the price of PNG?
For information, let us tell you that the new gas prices were fixed by the government in April 2023. It was said that now the price of gas will be 10 percent of the international price of crude oil. The minimum price was fixed at $ 4 and the maximum at $ 6.50 per unit. At the same time, the prices will increase by $ 0.25 by the year 2027. Now under that policy, the maximum price has been set $ 6.75.
The government took this decision
At the same time, the government has decided that the new rates will remain the same from the year 2025 to March 2026. Next year, in 2026, there will be an increase of $ 0.25 again. Due to this, 70 percent of domestic gas production comes from APM gas only. Companies distributing gas in cities get 60 percent of the gas from APM Gas. Now all these companies can increase the prices. After which, consumers may have to pay higher prices.
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PNGRB said this
PNGRB has made it clear that companies will no longer be able to charge different rates according to gas consumption. This not only puts a burden on the consumers but also misuses the subsidy given by the government. Although no company has been named, the regulator has made it clear that any kind of irregularity will not be tolerated.