IMF Pushes Pakistan to Raise Gas Prices for Captive Power Plants to RLNG Rates

IMF asking Pakistan government to increase gas tariff for captive power plants to match RLNG price from July 1, 2024
CPPs have 30-35% efficiency; many not connected to national grid but IMF wants task completed by June 2024
Current CPP gas tariff Rs2,750/MMBTU vs RLNG price over Rs4,400/MMBTU
Government also considering hike for power plants; current gas price Rs1,050/MMBTU
Domestic high-end consumers already paying over RLNG price; further hikes to protected and other domestic consumers unlikely