RLNG prices surged by over 10% for December

By MG News | December 22, 2023 at 12:35 PM GMT+05:00

0:00

December 22, 2023 (MLN): Regassified Liquefied Natural Gas (RLNG) prices for the month of December 2023 surged by 9.76% and 10.09% 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 Friday.

Accordingly, the new price for December for SNGPL for distribution is $14.81/ MMBtu.

In comparison with the prices of November 2023, the overall increase in terms of amount for SNGPL distribution is around $1.32.

Similarly, the distribution price for SSGC is set at $15.45/ MMBtu, $1.42 higher than the price of $14.03 in November.

The price surge is in accordance with the policy guidelines of the federal government and are effective from December 01, 2023.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	130,344.03 345.79M	1.67% 2144.61
ALLSHR	81,023.99 1,021.87M	1.55% 1236.37
KSE30	39,908.26 141.62M	2.05% 803.27
KMI30	189,535.00 150.29M	1.40% 2619.39
KMIALLSHR	54,783.66 508.76M	1.07% 581.78
BKTi	34,940.73 55.86M	4.37% 1464.05
OGTi	28,296.06 16.02M	1.19% 333.47

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,045.00	109,165.00 105,440.00	3295.00 3.12%
BRENT CRUDE	67.74	68.10 66.94	0.63 0.94%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	109.20	110.00 108.25	1.70 1.58%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.98	66.43 65.23	0.53 0.81%
SUGAR #11 WORLD	15.48	15.97 15.45	-0.22 -1.40%