The Pakistani government has announced a reduction in Liquefied Natural Gas (LNG) prices while increasing Liquefied Petroleum Gas (LPG) prices.

The price of LNG for Sui Northern has been reduced by $1.23 per MMBtu, while for Sui Southern the reduction is $1.22 per MMBtu. The Oil and Gas Regulatory Authority (OGRA) has issued a notification regarding the price reduction.

The new LNG price for Sui Northern is set at $13.39 per MMBtu, compared to $14.62 per MMBtu in June.

For Sui Southern, the price has been set at $13.15 per MMBtu, down from $14.37 per MMBtu in June.

Meanwhile, OGRA has also issued a notification regarding the new LPG price for August. The domestic LPG cylinder price has been increased by Rs. 26.90, bringing the new price to Rs. 2796.56.

The new prices will come into effect from August 1st and will remain in place for the next month.