Govt slightly cuts LNG prices for April 2023

Government

ISLAMABAD:Oil and Gas Regulatory Authority (Ogra) on Thursday cut the average sale price of re-gasified liquefied natural gas (RLNG) by up to 0.06% per cent for April 2023.

The RLNG price for the Sui Northern Gas Pipeline Limited (SNGPL) consumers was slashed by 0.47 per cent or $0.062/MMBtu, while for Sui Southern Gas Company Limited (SSGCL) clients, prices have been cut by $0.0302/MMBtu

or 0.22 per cent over the previous month (March 2023).

Ogra set RLNG weighted average sale provisional price in its notification at $13.2316/MMBtu for the consumers of SNGPL and $13.4801/MMBtu for SSGCL clients.

For the previous month of March, the regulator had notified RLNG distribution price for SNGPL consumers as $13.2942/MMBtu and $13.5102/MMBtu for the SSGCL clients.