The Oil and Gas Regulatory Authority (OGRA) on Wednesday 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 March 01, 2024.
According to a statement released by OGRA, for SNGPL, the RLNG transmission price has been set at $11.86 per MMBtu and $12.81 per MMBtu for distribution during March 2024. For SSGC, the transmission rate has been set at $11.21 per MMBtu and $13.05 per MMBtu for distribution.
OGRA has determined the RLNG prices as under:
Month | SNGPL | SSGCL | ||
Transmission | Distribution | Transmission | Distribution | |
US$/MMBtu | US$/MMBtu | |||
March 2024 | 11.8643 | 12.8142 | 11.2147 | 13.0563 |
February 2024 | 11.547 | 12.4922 | 11.1259 | 12.9584 |
Increase/(Decrease) | 0.3173 | 0.322 | 0.0888 | 0.0979 |
% | 2.75% | 2.58% | 0.8% | 0.76% |
OGRA spokesperson said the increase in RLNG prices is due to the increase in the cost of supply.