The Oil and Gas Regulatory Authority (Ogra) has notified a reduction of 2.72% in the prices of Regasified Liquefied Natural Gas (RLNG) for consumers of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL), effective December 1.
But SSGCL consumers will see a reduction of 1.99%. This means that a month-on-month decline of $0.3612 per mmbtu, bringing the price down from $13.2609 to $12.8997 per mmbtu for SNGPL customers. They will experience a price drop of $0.2550, from $12.8005 to $12.5456 per mmbtu.
Price adjustments are based on the procurement of 12 RLNG cargos imported through Pakistan State Oil and Pakistan LNG Limited. According to PLL, a total of 6,395,000 mmbtu will be supplied to K-Electric, with SNGPL receiving the remaining 5,000 mmbtu.
In terms of availability, SNGPL has 30,794,703 mmbtu at the transmission stage and 28,299,271 mmbtu at the distribution stage. For SSGC, the figures stand at 31,361,449 mmbtu for transmission and 26,293,438 mmbtu for distribution.
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