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gas hike

Petroleum minister defends gas rates hike

ISLAMABAD: Federal Minister for Petroleum Ghulam Sarwar Khan on Monday defended the recent hike in gas tariff, saying both the Sui Southern Gas Company Limited (SSGC) and Sui Northern Gas Pipeline Limited (SNGPL) have a liability of Rs142 billion. "Had the government not jacked up gas rates, there would have been Rs154 billion additional debt," he said while speaking at a luncheon of tribal elders from NA-59 constituency. Slamming the previous Pakistan Muslim League - Nawaz (PML-N) government, the minister said it gave…