RLNG prices slashed by up to 7.81% for January

MG News | January 18, 2024 at 04:39 PM GMT+05:00

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January 18, 2024 (MLN): Regassified Liquefied Natural Gas (RLNG) prices for the month of January 2024 have been slashed by up to 7.58% and 7.81% 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 Thursday.

Accordingly, the new prices for the month of January for SNGPL for distribution and transmission respectively are $12.65/MMBtu and $13.69/MMBtu respectively.

In comparison with the prices of December 2023, the overall decrease in terms of amount for SNGPL transmission is around $1.03/MMBtu and $1.12/MMBtu for transmission.

Similarly, the prices for January for SSGC are $12.29/MMBtu and $14.25/MMBtu respectively for distribution and transmission.

In comparison with the prices of December 2023, the overall decline in terms of the amount for SSGC transmission is $1.035/ MMBtu, while for distribution the change stands at $1.21/ MMBtu.

The decision to reduce prices is in accordance with the policy guidelines of the federal government.

RLNG Prices
SSGC
	January	December	% change	change
Transmission	12.229	13.264	-7.803%	-1.035
Distribution	14.2451	15.4524	-7.813%	-1.2073
SNGPL
	January	December	% change	change
Transmission	12.6499	13.6831	-7.551%	-1.0332
Distribution	13.6898	14.8118	-7.575%	-1.122

Value in $ per MMBtu

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