Business Latest Pakistan Top Stories

International auditing firm Ferguson to carry out audit of excessive gas billing

ISLAMABAD: The government has decided to get the issue of excessive billing by gas utilities audited from an international auditing firm.

The Cabinet Committee on Energy (CCoE) has ordered an independent audit of the excessive billing by an external auditor, Ferguson.

The auditors will conduct an audit for December 2018. An inquiry into excessive billing is already being conducted by the Petroleum Division. The auditors and inquiry committee would probe into the actual consumption of gas, metre reading and impact of the change of gas slabs on consumers.

Finance Minister Asad Umar chaired the CCoE meeting. The meeting was convened on the instructions of the prime minister to discuss the issue of inflated and excessive billing from the consumers by the gas utilities.

During the meeting, the committee decided to conduct an independent audit of billing for December 2018 in addition to the inquiry of the Petroleum Division. Once completed, reports of both the inquiry and the audit would be submitted to the CCoE.

Earlier, the Petroleum Division secretary gave a detailed presentation to the committee on recent billing exercise of the gas sector. The Oil and Gas Regulatory Authority (Ogra) chairman and the Sui Northern Gas Pipeline (SNGPL) managing director also gave their input on the issue.