OGRA reduces RLNG price by $4.6 per MMBTU

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

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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.

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