PSO’s RLNG cost hits record high in July on spot LNG imports

MG News | August 03, 2026 at 11:21 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

August 03, 2026 (MLN): PSO's RLNG imports remained stagnant in July 2026, with the delivered cost climbing to a record high as the company continued to rely entirely on spot cargoes instead of long-term contracted supply from Qatar.

According to data compiled by Arif Habib Limited, Pakistan LNG Limited (PLL) procured five spot LNG cargoes for delivery in July 2026 at an average DES price of $18.98/mmbtu, translating into a Brent slope of 20.07%.

With other charges of $4.72/mmbtu added, the total RLNG cost stood at $23.70/mmbtu, the highest level on record, as PSO once again did not import any long-term LNG cargoes under its agreements with Qatar during the month.

The five cargoes supplied around 428 mmcfd of RLNG during July, with the overall import bill amounting to $310.15mn, at an average cost of $62.03mn per cargo.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,089.28 109.91M	-0.21% -352.63
ALLSHR	101,117.40 308.32M	-0.15% -155.10
KSE30	49,841.71 50.59M	-0.28% -142.15
KMI30	240,372.43 78.75M	-0.02% -45.72
KMIALLSHR	65,518.16 188.07M	-0.05% -35.70
BKTi	46,228.77 7.60M	-0.60% -281.04
OGTi	33,974.66 4.20M	-0.27% -91.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	83,875.00	84,320.00 82,645.00	1405.00 1.70%
BRENT CRUDE	104.54	105.09 102.33	0.26 0.25%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.75 0.59%
ROTTERDAM COAL MONTHLY	143.40	143.40 143.40	-1.15 -0.80%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	91.66	0.00 0.00	-0.19 -0.21%
SUGAR #11 WORLD	20.27	20.44 20.09	0.12 0.60%