OGRA reduces RLNG price by $4.6 per MMBTU

MG News | July 22, 2022 at 05:25 PM GMT+05:00

0:00

July 22, 2022: Oil and Gas Regulatory Authority (OGRA) on Friday notified the revised price of Re-gasified Liquefied Natural Gas (RLNG) on networks of the SSGC and SNGPL for the current month of July, with a significant downward adjustment.

According to the notification, the authority decreased the price of imported RLNG by $4.6501 per Metric Million British Thermal Unit (MMBTU) on the distribution network of Sui Southern Gas Company (SSGC), showing an almost 20.57% cut. It fixed the commodity rate at $17.9575 per MMBTU for July, which was available at $22.6076 during the last month.

Similarly, the weighted average gas sale price witnessed a 15.93% decline on the distribution network of SNGPL. The price of per MMBTU RLNG has come down by $3.3088 after the authority determined the new rate at $17.4603 for the current month, which was being sold at $20.7691 in June.

APP

Related News

Name	Price/Vol	%Chg/NChg
KSE100	137,139.42 28.83M	0.56% 759.45
ALLSHR	85,011.73 42.92M	0.43% 363.37
KSE30	41,782.86 4.60M	0.57% 236.63
KMI30	192,976.84 4.42M	0.66% 1257.07
KMIALLSHR	56,058.01 32.38M	0.41% 230.27
BKTi	37,859.80 0.26M	0.09% 32.20
OGTi	27,666.46 0.10M	-0.02% -4.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,365.00	119,915.00 118,035.00	-1265.00 -1.06%
BRENT CRUDE	68.79	69.01 68.74	0.27 0.39%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	1.80 1.90%
ROTTERDAM COAL MONTHLY	104.50	0.00 0.00	-1.05 -0.99%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.76	66.99 66.58	0.38 0.57%
SUGAR #11 WORLD	16.55	16.67 16.40	-0.01 -0.06%