The Oil Ministry’s proposal to spike natural gas tariffs in the household sector is expected to be ratified by the Cabinet, based on which the vital commodity’ price will rise by 40%, the oil minister said.
“The new rates were supposed to go into effect last year, but the Cabinet has not approved the proposal yet,” ISNA also quoted Javad Owji as saying.
Consumers who use up to 500 cubic meters of gas per month will be levied 0.2 cents per cubic meters.
As per the new proposal, those who exceed the limit will be charged 40% more for consuming every extra 100 cubic meters, he added.
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