The Oil and Gas Regulatory Authority (OGRA) has announced a reduction of 2.72% in the price 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.
SNGPL consumers will experience a price decrease of $0.3612 per mmbtu, lowering the price from $13.2609 to $12.8997 per mmbtu. On the other hand, SSGCL customers will see a reduction of $0.2550, with their new price dropping from $12.8005 to $12.5456 per mmbtu.
These adjustments are based on the procurement of 12 RLNG cargos imported through Pakistan State Oil (PSO) and Pakistan LNG Limited (PLL). According to PLL, 6,395,000 mmbtu will be supplied to K-Electric, while SNGPL will receive the remaining 5,000 mmbtu.
In terms of supply availability, SNGPL has 30,794,703 mmbtu at the transmission stage and 28,299,271 mmbtu at the distribution stage. For SSGCL, the figures stand at 31,361,449 mmbtu for transmission and 26,293,438 mmbtu for distribution.
