RLNG prices raised by 4.6% for SNGPL, 3.19% for SSGC

MG News | August 15, 2024 at 01:33 PM GMT+05:00

0:00

August 15, 2024 (MLN): Regassified Liquefied Natural Gas (RLNG) prices for August 2024 have been raised by up to 4.6% for Sui Northern Gas Pipelines Limited (SNGPL) and 3.19% for Sui Southern Gas Company Limited (SSGC) respectively.

As per the latest update by the Oil and Gas Regulatory Authority (OGRA), the new prices for SNGPL for transmission and distribution are $13.0603/MMBtu and $14.0065/MMBtu, respectively for August.

In comparison with the prices of July 2024, the overall rise in terms of amount for SNGPL transmission is $0.3741/MMBtu, while for distribution it stands at $0.6163/MMBtu.

Furthermore, the updated prices for SSGC are $11.8961/MMBtu for transmission and $13.5733/MMBtu for distribution purposes.

Compared to the prices in July 2024, there has been an overall increase of $0.368/MMBtu for SSGC transmission and $0.4166/MMBtu for distribution.

The decision to reduce prices is mainly due to a rise in DES price and in accordance with the Policy Guidelines of the Federal Government.

Weighted Average RLNG Prices
SNGPL
	August	July	% change	change
Transmission	13.0603	12.6862	2.95%	0.3741
Distribution	14.0065	13.3902	4.60%	0.6163
SSGC
	August	July	% change	change
Transmission	11.8961	11.5281	3.19%	0.368
Distribution	13.5733	13.1567	3.17%	0.4166

Value in $ per MMBtu

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,085.58 225.68M	0.48% 802.03
ALLSHR	101,220.72 685.91M	0.47% 477.65
KSE30	50,772.02 134.57M	0.57% 290.16
KMI30	239,923.35 145.03M	0.77% 1831.31
KMIALLSHR	66,042.80 345.76M	0.65% 425.34
BKTi	45,106.39 29.18M	0.06% 24.91
OGTi	33,583.05 26.44M	1.52% 502.39

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	91,355.00	92,045.00 89,800.00	1755.00 1.96%
BRENT CRUDE	63.78	63.94 63.63	0.03 0.05%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	0.10 0.11%
ROTTERDAM COAL MONTHLY	97.25	97.25 97.25	0.05 0.05%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	60.11	60.29 59.97	0.03 0.05%
SUGAR #11 WORLD	14.82	15.02 14.73	-0.06 -0.40%