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Pakistan increases natural gas prices by up to 20 percent

ISLAMABAD (Reuters) - Pakistan on Monday increased natural gas prices by up to 20 percent, Petroleum Minister Chaudhry Mohammad Sarwar said, to help bridge a 152 billion rupee deficit for the two main suppliers - Sui Northern and Sui Southern.

“It was a tough decision for us to take,” he said.

He blamed the deficit on the policies of the last government of now-jailed Prime Minister Nawaz Sharif.

Reporting by Asif Shahzad; Editing by Nick macfie

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