RLNG prices raised by up to 1.06% for April
MG News | April 23, 2024 at 03:20 PM GMT+05:00
April 23, 2024 (MLN): Regassified Liquefied Natural Gas (RLNG) prices for April 2024 have been raised by 1.03% and 1.06% for Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC) respectively, as per the Oil and Gas Regulatory Authority (OGRA)'s notification issued on Tuesday.
As per the latest update, the new prices for SNGPL for transmission and distribution are $11.98/MMBtu and $12.95/MMBtu, respectively for April.
In comparison with the prices of March 2024, the overall increase in terms of amount for SNGPL transmission is $0.1218/MMBtu, while for distribution it stands at $0.132/MMBtu.
Furthermore, the updated prices for SSGC are $11.33/MMBtu and $13.19/MMBtu respectively for distribution and transmission purposes.
Compared to the prices in March 2024, there has been an overall increase of approximately $0.1187/MMBtu for SSGC transmission and $0.1384/MMBtu for distribution.
The decision to reduce prices is following the policy guidelines of the federal government.
| Weighted Average RLNG Prices | ||||
|---|---|---|---|---|
| SSGC | ||||
| April | March | % change | change | |
| Transmission | 11.3334 | 11.2147 | 1.06% | 0.1187 |
| Distribution | 13.1947 | 13.0563 | 1.06% | 0.1384 |
| SNGPL | ||||
| April | March | % change | change | |
| Transmission | 11.9862 | 11.8643 | 1.03% | 0.1218 |
| Distribution | 12.9462 | 12.8142 | 1.03% | 0.1320 |
Value in $ per MMBtu
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