OGRA holds hearing on SNGPL’s petition to determine ERR for FY23

MG News | March 30, 2022 at 02:59 PM GMT+05:00

0:00

March 30, 2022 (MLN): Oil and Gas Regulatory Authority (OGRA) held a public hearing at Lahore on March 30, 2022, at PC Lahore to consider Sui Northern Gas Pipelines Limited (SNGPL)’s petition for Determination of its Estimated Revenue Requirements / prescribed prices for the next fiscal year.

The petitioner has projected the average Prescribed Price at Rs920.88/mmbtu for FY 2022-23. The petitioner has also requested Rs1,172.01/mmbtu on account of previous years' shortfall. Accordingly, the aggregate average prescribed price has been requested at Rs2,074.89 per MMBTU including previous years’ shortfall in the natural gas business.

The petitioner has also projected RLNG cost of service at Rs490.18 per MMBTU w.e.f July 01, 2022, for RLNG business, including Rs330.68/MMBTU on account of the differential impact of RLNG diversion.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	141,034.99 304.55M	1.18% 1644.56
ALLSHR	87,318.24 607.11M	1.23% 1057.27
KSE30	43,334.54 168.35M	1.68% 715.94
KMI30	201,116.98 176.63M	2.14% 4209.12
KMIALLSHR	58,357.22 362.26M	1.89% 1080.35
BKTi	38,265.16 18.85M	1.18% 444.89
OGTi	29,938.42 82.25M	6.11% 1723.79

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	114,675.00	117,125.00 114,215.00	-2760.00 -2.35%
BRENT CRUDE	69.64	72.00 69.40	-2.06 -2.87%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.28	69.58 67.05	-1.98 -2.86%
SUGAR #11 WORLD	16.20	16.42 16.12	-0.15 -0.92%