OGRA invites consumers, public for hearings on SNGPL’s petition

MG News | March 16, 2020 at 10:33 AM GMT+05:00

0:00

March 16, 2020: The Oil and Gas Regulatory Authority (OGRA) has invited gas consumers and the general public for public hearings on the Sui Northern Gas Pipeline Limited's petition for an increase in its average prescribed price by 133.31 rupees per mmbtu effective July 1, 2020.

The gas utility is seeking total increase in average prescribed priced by 670.75 rupees per mmbtu after including 173.6 billion rupees shortfall of previous years, and projected shortfall of 43.067 billion rupees for the financial year 2020-2021.

The gas company has estimated re-gasified liquefied natural gas cost of service at 104.21 rupees mmbtu with effect from July 1, 2020.

The cost of RLNG diverted towards domestic sector during winter has also been claimed at 73.8 billion rupees.

The Sui Northern Gas Pipeline Limited has also asked for 2.80 rupees per mmbtu as additional revenue for installation of the LPG Air Mix projects for remote areas where system gas is not available.

Radio Pakistan

Related News

Name	Price/Vol	%Chg/NChg
KSE100	160,431.35 208.69M	1.42% 2247.40
ALLSHR	97,083.51 653.55M	1.09% 1043.82
KSE30	48,607.21 126.26M	1.50% 716.64
KMI30	229,212.17 94.09M	1.75% 3951.98
KMIALLSHR	63,146.08 228.65M	1.31% 818.25
BKTi	44,073.32 38.67M	0.51% 225.18
OGTi	30,658.66 5.81M	1.24% 375.12

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	102,985.00	104,305.00 101,110.00	1250.00 1.23%
BRENT CRUDE	62.49	62.81 62.34	-0.22 -0.35%
RICHARDS BAY COAL MONTHLY	85.25	0.00 0.00	0.15 0.18%
ROTTERDAM COAL MONTHLY	95.65	0.00 0.00	0.10 0.10%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	58.27	58.56 58.12	-0.22 -0.38%
SUGAR #11 WORLD	14.66	14.77 14.52	0.14 0.96%