Sui Northern Gas Pipelines Limited (SNGP): Gas price hike to help E&Ps and PSO to retire previous receivables backlog - By Topline Research

<p></p><div class="quote__name" style="box-sizing:border-box;font-size:1.7em;color:#333333;font-family:'Roboto Condensed', Helvetica, Arial, sans-serif;"></div><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">OGRA has announced its decision on the review petition filed by Sui Companies for the revenue requirement for FY25. OGRA has recommended to increase gas prices by 8.8% and 26% for SNGP and SSGC, respectively. As part of the IMF program, adjusting gas tariffs is a structural benchmark, and the revised tariffs are due before February 15, 2025.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Average Operating Assets (AOA): Sui companies' profitability is determined through return on average operating assets; therefore, rate of return and quantum of average...