RLNG prices decreased by over 10pc

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ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Monday notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the Sui Northern Gas Pipelines Company Limited (SNGPL) and Sui Southern Gas Pipelines Company (SSGC) by over 10pc for the current month.

According to the notification, there was $1.26 per mmbtu (Million British Thermal Unit) decrease in sale price of imported RLNG on the system of SNGPL for the month of January as compared to December 2018. The new price of the LNG for SNGPL system has been fixed at $11.03 per mmbtu.

Similarly, there was $1.34 per mmbtu reduction in sale price of imported RLNG on the system of SSGC for the current month as compared to the corresponding month. The new price of the RLNG for SSGC system has been fixed at $ 11.37 per mmbtu.

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