RLNG prices slashed by 1.07% for SNGPL, 1.15% for SSGC

MG News | September 18, 2024 at 11:57 AM GMT+05:00

0:00

September 18, 2024 (MLN): Re-gasified Liquefied Natural Gas (RLNG) prices for September 2024 have been reduced by up to 1.07% for Sui Northern Gas Pipelines Limited (SNGPL) and 1.15% 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 $12.9208/MMBtu and $13.856/MMBtu, respectively for September.

In comparison with the prices of August 2024, the overall drop in terms of amount for SNGPL transmission is $0.1394/MMBtu, while for distribution it stands at $0.1505/MMBtu.

Furthermore, the updated prices for SSGC are $11.7589/MMBtu for transmission and $13.4205/MMBtu for distribution purposes.

Compared to the prices in August 2024, there has been an overall decrease of $0.1372/MMBtu for SSGC transmission and $0.1568/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
	September	August	% change	change
Transmission	12.9208	13.0603	-1.07%	-0.1394
Distribution	13.8560	14.0065	-1.07%	-0.1505
SSGC
	September	August	% change	change
Transmission	11.7589	11.8961	-1.15%	-0.1372
Distribution	13.4205	13.5733	-1.15%	-0.1568

Value in $ per MMBtu

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	157,504.94 278.88M	2.30% 3538.58
ALLSHR	94,277.72 479.28M	2.13% 1962.10
KSE30	47,826.50 112.37M	2.42% 1129.97
KMI30	228,676.65 107.27M	2.87% 6383.77
KMIALLSHR	61,532.93 247.39M	2.54% 1523.47
BKTi	42,786.34 27.24M	1.93% 808.32
OGTi	32,821.43 12.16M	2.08% 667.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,440.00	71,575.00 70,175.00	2085.00 3.01%
BRENT CRUDE	98.40	100.90 97.15	-6.09 -5.83%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.10 -9.22%
ROTTERDAM COAL MONTHLY	119.50	0.00 0.00	1.35 1.14%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	87.36	89.57 86.59	-4.99 -5.40%
SUGAR #11 WORLD	15.77	15.83 15.73	-0.11 -0.69%