ISLAMABAD: Government is ready to increase the gas price by almost 100 percent for fertilizer plants which are 10 years old and having strong earnings after they have recovered plant costs.
Furthermore, the price of gas for power plants and independent power producers (IPPs) is also proposed to bring at par with the new prices of gas for WAPDA and KESC power. The increase in the gas prices of this sector will be utilized for the development of the infrastructure of gas such as laying down the Iran-Pakistan gas pipeline.
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