The Energy Minister has said that the government did not increase domestic gas prices despite importing gas at elevated costs from the international market. He shared this information during an event on Friday (November 13).

Government's Position

The Minister stated that despite the volatile global prices of fuel oil and gas, the government did not want to burden the general public with these costs. Consequently, gas prices at the consumer level have been kept unchanged. He further mentioned that both industrial and household consumers have benefited from this government decision.

Rationale Behind the Decision

The Minister cited the prioritization of public interest as the primary reason behind this decision. He explained that raising prices would have put pressure on inflation and increased the cost of living for ordinary citizens. Therefore, the government chose to stand by consumers during these challenging times.

Future Plans

Regarding future plans in the energy sector, the Minister said the government is undertaking various initiatives to ensure energy security. He mentioned that efforts to explore new gas fields and expand LNG import infrastructure are ongoing. However, he assured that these initiatives would not impose an additional financial burden on consumers.