The Oil and Gas Regulatory Authority (OGRA) on Thursday notified prices of re-gasified liquefied natural gas (RLNG) for both the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) effective January 01, 2024.
According to a statement released by OGRA, for SNGPL, the RLNG transmission price has been set at $12.65 per MMBtu and $13.68 per MMBtu for distribution during January 2024. For SSGC, the transmission rate has been set at $12.22 per MMBtu and $14.24 per MMBtu for distribution.
OGRA has determined the RLNG prices as under:
| Month | SNGPL | SSGCL | ||
| Transmission | Distribution | Transmission | Distribution | |
| US$/MMBtu | US$/MMBtu | |||
| January 2024 | 12.6499 | 13.6898 | 12.2290 | 14.2451 |
| December 2023 | 13.6891 | 14.8118 | 13.2640 | 15.4524 |
| Increase/(Decrease) | -1.0333 | -1.1220 | -1.0351 | -1.2074 |
| % | -7.55% | -7.58% | -7.80% | -7.81% |
In a short statement, OGRA said that the increase in RLNG prices is due to a decrease in Delivered Ex-Ship (DES) prices.
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surely this will not benefit any Pakistani.