Friday July 08, 2022

Malik Terms Specualations Regarding Increase in Gas Price Baseless

ISLAMABAD: Minister of State for Petroleum Musadik Malik says speculations regarding the increase in prices of gas are baseless.

Addressing a news conference in Islamabad on Friday, he said we have just proposed new slabs to protect the people with low income while capable people will pay just 50 to 60 percent of the real price of gas.

The state minister said according to newly proposed prices, fifty percent of the consumers will pay the existing amount or less than that for gas.

He said our every step is aimed at protecting poor segment of society and for this purpose, we have proposed subsidy for those consumers who use gas for just cooking and they are fifty percent of total consumers.

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