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OGRA Decreases RLNG Rates for December

The Oil and Gas Regulatory Authority (OGRA) has decreased the price of re-gasified liquefied natural gas (RLNG) by as much as 20 percent for the month of December 2021.

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According to OGRA, the distribution price of RLNG for Sui Northern Gas Pipelines Limited (SNGPL) has been reduced by $3.05 to $12.62 per Million British Thermal Unit (MMBTU), while the distribution price of RLNG for Sui Southern Gas Company Limited (SSGC) has been reduced by $3.04 to $12.37/MMBTU for the month of December 2021.

The distribution price of RLNG for the month of November 2021 was $15.6791/MMBTU for SNGPL and $15.4259/MMBTU for SSGC.

Taking to Twitter, Federal Minister for Energy, Hammad Azhar, said that LNG price has been reduced by $3 per MMBTU or roughly 20 percent for December due to lower-priced cargoes.

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