• Latest
  • All
  • Pakistan
LCCI demand withdrawal of retrospective gas bills to safeguard industrial growth

LCCI demand withdrawal of retrospective gas bills to safeguard industrial growth

August 12, 2025
Robot wins marathon, outpaces humans with record-breaking run

Robot wins marathon, outpaces humans with record-breaking run

April 21, 2026
ADVERTISEMENT
Lahore police intensify anti-narcotics drive, over 1,700 suspects arrested

Lahore police intensify anti-narcotics drive, over 1,700 suspects arrested

April 20, 2026
Punjab Assembly speaker nullifies agricultural tax notifications as unconstitutional

Punjab Assembly speaker nullifies agricultural tax notifications as unconstitutional

April 20, 2026
Energy crisis and temporary measures: Where Pakistan stands and how long can it sustain 

Governance gap: Why Pakistan trails despite vast resources

April 20, 2026
Pakistan calls for justice and dialogue at global parliamentary forum

Pakistan calls for justice and dialogue at global parliamentary forum

April 20, 2026
Court extends interim bail of Dr Fazeela Abbasi in money laundering case

Dr Fazeela Abbasi granted extension in interim bail, arrest barred until May 5

April 20, 2026
Dulha Dress House expands retail footprint with new outlet on Mall Road

Dulha Dress House expands retail footprint with new outlet on Mall Road

April 20, 2026
Alarm raised as trade deficit surges 23pc to $28billion

Alarm raised as trade deficit surges 23pc to $28billion

April 20, 2026
10-day ceasefire agreement between Israel and Lebanon announced

Israel vows ‘full force’ action in Lebanon despite truce, orders demolition of suspected Hezbollah sites

April 19, 2026
KP governor visits residence of  Punjab Assembly speaker, expressed condolences

KP governor visits residence of  Punjab Assembly speaker, expressed condolences

April 19, 2026
LCCI Progressive Group gains momentum as Ferozepur Road traders join associate class

LCCI Progressive Group gains momentum as Ferozepur Road traders join associate class

April 19, 2026
Quetta Gladiators choose to field after winning toss against Peshawar Zalmi

Quetta Gladiators choose to field after winning toss against Peshawar Zalmi

April 19, 2026
Your text
Plugin Install : Cart Detail need WooCommerce plugin to be installed.
Tuesday, April 21, 2026
The Tribune
  • Login
  • Home
  • Top News
  • World
    • Interview
  • Pakistan
    • Politics
    • Crime
  • Iran-US-Israel war
  • Epaper
  • Opinion
  • Sports
    • Cricket
  • Business
    • Business
    • Science
      • Weird
        • News Analysis
      • FBR & Customs
  • Entertainment
  • History in focus
    • Tech
    • Event News
    • Event Reporting
    • NGOs
  • Health
  • Fake News
No Result
View All Result
  • Home
  • Top News
  • World
    • Interview
  • Pakistan
    • Politics
    • Crime
  • Iran-US-Israel war
  • Epaper
  • Opinion
  • Sports
    • Cricket
  • Business
    • Business
    • Science
      • Weird
        • News Analysis
      • FBR & Customs
  • Entertainment
  • History in focus
    • Tech
    • Event News
    • Event Reporting
    • NGOs
  • Health
  • Fake News
No Result
View All Result
The Tribune
No Result
View All Result
  • Home
  • Top News
  • World
  • Pakistan
  • Iran-US-Israel war
  • Epaper
  • Opinion
  • Sports
  • Business
  • Entertainment
  • History in focus

LCCI demand withdrawal of retrospective gas bills to safeguard industrial growth

The Tribune International by The Tribune International
8 months ago
in Business
0 0
A A
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

LCCI demand withdrawal of retrospective gas bills to safeguard industrial growth

By Our Correspondent

LAHORE – The Lahore Chamber of Commerce & Industry has voiced its concern over the recent issuance of retrospective gas bills to industrial consumers by Sui Northern Gas Pipelines Limited (SNGPL) under the directive of the Oil & Gas Regulatory Authority (OGRA). The LCCI has urged the government and regulatory bodies to review and withdraw the decision to protect industrial sustainability, maintain investor confidence and ensure the continuity of economic growth.

ADVERTISEMENT

Read also: LCCI and Mandi Bahauddin Chamber to work together for business community and economic uplift: Shahid Nazir Chaudhry

The matter was discussed at length during a press conference held at the LCCI premises, presided over by President Mian Abuzar Shad and attended by Senior Vice President Engineer Khalid Usman, Executive Committee Member Rana Muhammad Nisar and other senior representatives of the business community.

Address a Press Conference, LCCI President Mian Abuzar Shad explained that, under a recent decision, SNGPL has issued bills to industrial consumers for the past four years, calculated on the basis of the Retrospective LNG Rate Difference.

He said that these bills, in some cases amounting to hundreds of thousands and in others reaching tens of millions of rupees per industrial unit, pose a serious challenge for businesses already operating in a difficult economic climate.

He pointed out that the industrial sector is currently facing multiple pressures, from high electricity tariffs and rising production costs to fluctuating raw material prices and tight credit conditions. In such circumstances, a sudden and substantial retrospective billing places an additional strain on industries that are striving to remain competitive both domestically and internationally.

Mian Abuzar Shad said that OGRA, since its establishment in 2002, has played a significant role in regulating Pakistan’s oil and gas sector, ensuring transparency and monitoring the quality of services provided to consumers. Its responsibilities include setting petroleum and gas prices based on fair principles, improving supply and distribution systems and resolving disputes between consumers and suppliers.

He said that decisions with far-reaching implications should be made in consultation with all stakeholders, particularly the business community. “We believe that open dialogue between regulators, utility providers and industry representatives can help design policies that are both practical and equitable.

The LCCI President said that backdated billing of such magnitude could impact the financial stability of industrial units, potentially leading to reduced production capacity, delayed investments and a slowdown in job creation.

He said that this issue is not limited to a few companies, it has the potential to affect the entire industrial base of the country. The government’s goal of industrial growth and economic recovery cannot be achieved if businesses are burdened with unanticipated costs of this scale.

Senior Vice President Engineer Khalid Usman, while sharing his views, called for a constructive approach to resolving the issue. He urged the Government of Pakistan, OGRA and SNGPL to work closely with the business community to create a transparent, fair and predictable billing system.

 

“Policies should encourage industrial expansion, competitiveness and employment generation rather than introducing measures that may hinder progress. We believe a balanced approach can address the concerns of all stakeholders,” he added.

The LCCI office-bearers said that private sector representation in OGRA be institutionalised, ensuring that the voices of industry stakeholders are included in policy formulation. Such representation, they said, would not only lead to more inclusive decision-making but also enhance the trust and cooperation between the regulator and the regulated sectors.

He said that business community wants to work constructively with the government and regulatory authorities to address challenges in the energy sector.

They said that the prosperity of the industrial sector directly contributes to national economic development, job creation and increased exports, making it essential to ensure a stable and predictable business environment.

Tags: [:en]LccI[:]Abuzar shadgas billsgovernmentLCCI demand withdrawal of retrospective gas bills to safeguard industrial growthmian Abuzarogra
ShareShareTweetShareSendSendShare

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
ADVERTISEMENT

Related Posts

Punjab Assembly speaker nullifies agricultural tax notifications as unconstitutional
Business

Punjab Assembly speaker nullifies agricultural tax notifications as unconstitutional

April 20, 2026
Dulha Dress House expands retail footprint with new outlet on Mall Road
Business

Dulha Dress House expands retail footprint with new outlet on Mall Road

April 20, 2026
Alarm raised as trade deficit surges 23pc to $28billion
Business

Alarm raised as trade deficit surges 23pc to $28billion

April 20, 2026
LCCI Progressive Group gains momentum as Ferozepur Road traders join associate class
Business

LCCI Progressive Group gains momentum as Ferozepur Road traders join associate class

April 19, 2026
Customs claims progress as LCCI warns of rising costs and system flaws
Business

Customs claims progress as LCCI warns of rising costs and system flaws

April 18, 2026
‘Let businesses breathe’: LCCI urges end to load-shedding, PERA crackdown businesses
Business

‘Let businesses breathe’: LCCI urges end to load-shedding, PERA crackdown businesses

April 18, 2026
  • Trending
  • Comments
  • Latest
Pioneers Businessmen Group hosts grand iftar dinner in honour of Chairman Ali Hussam Asghar

Pioneers Businessmen Group hosts grand iftar dinner in honour of Chairman Ali Hussam Asghar

March 17, 2026 - Updated on March 21, 2026
Upgradation work at Badshahi Mosque to be completed after Eid: Dr Ehsan Bhutta

Upgradation work at Badshahi Mosque to be completed after Eid: Dr Ehsan Bhutta

March 18, 2026 - Updated on March 19, 2026
Business leaders attend Iftar dinner held in honour of Ali Hussam Asghar in Lahore

Business leaders attend Iftar dinner held in honour of Ali Hussam Asghar in Lahore

March 16, 2026 - Updated on March 18, 2026
Eid ul Fitr amid global conflict: A call for unity and humanitarian leadership in the Muslim World

Eid ul Fitr amid global conflict: A call for unity and humanitarian leadership in the Muslim World

March 18, 2026
Unrest in Iran kills at least 2,000 activists say

Unrest in Iran kills at least 2,000 activists say

4
High-alert security arrangements ensured across city during Eid-ul-Adha

CCPO Kamyana reviews police performance, orders crackdown on gambling and better security for Chinese nationals

2
CM Maryam launches PERA to curb hoarding, land grabbing across Punjab

CM Maryam launches PERA to curb hoarding, land grabbing across Punjab

2
CM Maryam Nawaz Sharif to start latest SRT Train in Lahore

CM Maryam Nawaz Sharif to start latest SRT Train in Lahore

2
Robot wins marathon, outpaces humans with record-breaking run

Robot wins marathon, outpaces humans with record-breaking run

April 21, 2026
Lahore police intensify anti-narcotics drive, over 1,700 suspects arrested

Lahore police intensify anti-narcotics drive, over 1,700 suspects arrested

April 20, 2026
Punjab Assembly speaker nullifies agricultural tax notifications as unconstitutional

Punjab Assembly speaker nullifies agricultural tax notifications as unconstitutional

April 20, 2026
Energy crisis and temporary measures: Where Pakistan stands and how long can it sustain 

Governance gap: Why Pakistan trails despite vast resources

April 20, 2026
April 2026
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
27282930 
« Mar    
ADVERTISEMENT

Browse by Category

  • Apps
  • Business
  • Business
  • Cricket
  • Crime
  • Entertainment
  • Epaper
  • Event News
  • Event Reporting
  • Fake News
  • Fashion
  • FBR & Customs
  • Food
  • Gadget
  • Gaming
  • Health
  • History in focus
  • Interview
  • Iran-US-Israel war
  • Mobile
  • Movie
  • Music
  • News Analysis
  • NGOs
  • Opinion
  • Pakistan
  • Politics
  • Politics
  • Review
  • Science
  • Science
  • Sports
  • Startup
  • Tech
  • Top News
  • Travel
  • Weird
  • World
  • #21289 (no title)
  • About Us
  • Blog
  • Cart
  • Checkout
  • Contact Us
  • Disclaimer
  • My account
  • Privacy Policy
  • Shop
  • Terms and Conditions
  • 📰 Advertise With Us

© 2026 The Tribune International. All rights reserved. | Powered by JNews
Disclaimer: The Tribune International is an independent platform and is not affiliated with any other organisation.
Reach us: Thetribuneintl@gmail.com

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Translate »

Add New Playlist

No Result
View All Result
  • Home
  • Top News
  • World
    • Interview
  • Pakistan
    • Politics
    • Crime
  • Iran-US-Israel war
  • Epaper
  • Opinion
  • Sports
    • Cricket
  • Business
    • Business
    • Science
      • Weird
      • FBR & Customs
  • Entertainment
  • History in focus
    • Tech
    • Event News
    • Event Reporting
    • NGOs

© 2026 The Tribune International. All rights reserved. | Powered by JNews
Disclaimer: The Tribune International is an independent platform and is not affiliated with any other organisation.
Reach us: Thetribuneintl@gmail.com