ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has decided to increase gas price upto 80 percent from July 01.

According to details, the top mandarins of the Petroleum Division are currently engaged on the gas pricing formula to be effective from July 1, 2019.

Earlier, the PTI government had increased the gas prices by 10-143 percent. Now more increase from July I, is inevitable keeping in view the loss of the gas companies that will jack up by up to Rs240-250 billion by June, 30 2019.