Ogra slashes RLNG prices for SNGPL and SSGC

The Oil and Gas Regulatory Authority (Ogra) has announced a reduction in the price of Re-Gasified Liquefied Natural Gas (RLNG) for both Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company (SSGC), effective September 1, 2024.

The price decrease ranges from 1.07% to 1.15%, and is based on the cost of 10 RLNG cargoes imported by Pakistan State Oil (PSO) under long-term agreements with Qatar.

The new prices include provisional Unified Fuel Charges (UFG) for transmission and distribution at specific rates. The average Delivered Ex-Ship (DES) price in US dollars is $9.9076 per million British thermal units (mmbtu).

For SNGPL consumers, the price of RLNG has been reduced to $12.9208 per mmbtu for transmission (a decrease of $0.1394 per mmbtu or 1.07% compared to August’s prices) and $13.8560 per mmbtu for distribution (a decrease of $0.1505 per mmbtu or 1.07% compared to August’s prices).

For SSGC consumers, the price of RLNG has been reduced to $11.7589 per mmbtu for transmission (a decrease of $0.1372 per mmbtu or 1.07% compared to August’s prices) and $13.4205 per mmbtu for distribution (a decrease of $0.1568 per mmbtu or 1.15% compared to August’s prices)

Web Desk Karachi