ISLAMABAD:Oil and Gas Regulatory Authority (OGRA) on Wednesday notified the revised price of Re-gasified Liquefied Natural Gas (RLNG) on networks of the SSGC and SNGPL for the current month, decreasing the commodity price by $3 per MMBTU.
According to the notification, the authority decreased the price of imported RLNG by $3.0490 per Million British Thermal Unit (MMBTU) on the system of Sui Southern Gas Company (SSGC). It fixed the commodity’s distribution rate at $12.3769 per MMBTU for the month of December, which was available at $15.4259 during the last month. Similarly, the distribution price of per MMBTU RLNG witnessed $3.0553 decline on the SNGPL system after the authority determined the rate at $12.6238 for the current month, which was $15.6791 in November.
Meanwhile, Minister for Energy Hammad Azhar while giving an update on the winter-LNG supply situation said the commodity was still available in abundance for the power sector on merit order.
“Fertilizer plants that are normally shut due to non-supply during winters [are] enjoying uninterrupted supply this year. Export sector [is] getting stable supply,” he said on his twitter handle.
The minister said domestic consumers receiving gas from mostly local gas reserves had been facing pressure problems in winters for the last many years, adding “the govt has announced the Winter Electricity Discount Package for them [domestic consumers] in order to incentivize them to shift to electrical appliances for heating.”