OGRA reduces RLNG price by $4.6 per MMBTU

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

Add Mettisglobal as a Trusted Source on Google

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	177,370.71 271.87M	0.23% 404.02
ALLSHR	107,716.20 642.21M	0.11% 116.44
KSE30	52,827.24 82.38M	0.35% 182.71
KMI30	251,579.93 132.42M	0.03% 64.11
KMIALLSHR	69,528.14 417.99M	0.00% 2.11
BKTi	50,313.91 13.15M	1.11% 551.71
OGTi	36,509.94 8.96M	-0.87% -321.36

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,750.00	78,950.00 78,525.00	230.00 0.29%
BRENT CRUDE	87.46	89.71 85.41	-1.12 -1.26%
RICHARDS BAY COAL MONTHLY	110.30	0.00 0.00	0.80 0.73%
ROTTERDAM COAL MONTHLY	124.80	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	81.83	82.13 81.75	-0.40 -0.49%
SUGAR #11 WORLD	17.62	17.84 17.14	0.35 2.03%