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Association of petroleum companies welcome downward revision of captive gas levy
Summary by Business Recorder
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Association of petroleum companies welcome downward revision of captive gas levy
ISLAMABAD: Pakistan Petroleum Exploration & Production Companies Association (PPEPCA) welcomed the federal government’s decision of downward revision of captive gas levy. While talking to Business Recorder, Secretary General PPEPCA Ibrar Khan said till May the Captive Power Plant levy stood at Rs1,303 per mmBtu, anchored to the peak B3 industrial electricity tariff under a methodology that had ceased to function as a price signal. In practice, i…
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