Govt mulls gas price levy to ease subsidy burden  D_Trends

Govt mulls gas price levy to ease subsidy burden  D_Trends

The government is considering a price equalisation levy on wellhead gas to cross-subsidise protected residential and industrial consumers. This move aims to reduce the annual subsidy burden on the federal budget by Rs10-15 billion as part of broader petroleum sector reforms. As per a news report, these reforms are a key component of the Integrated … Read more