Pakistan’s RLNG import and pricing structure saw notable pressure in May 2026, as changes in supply mix and global energy prices pushed costs higher and volumes slightly lower.
According to data shared by Arif Habib Limited, the weighted average RLNG price on the SNGPL network increased by around 42 percent year-on-year.
The increase was mainly driven by higher global oil prices, the inclusion of a spot cargo imported by Pakistan LNG Limited (PLL), and elevated terminal and handling charges.
On the supply side, Pakistan State Oil (PSO) recorded a decline in RLNG volumes to approximately 242 mmcfd during the month.
The imports included only three cargoes under long-term contracts, priced at a 10.20 percent slope to Brent.
In addition, PLL imported one spot cargo of around 74 mmcfd during May at a 20.9 percent slope to DES price, reflecting higher cost exposure in the spot market, though broadly aligned with market expectations.
The combined effect of a shift toward costlier spot imports and higher global energy benchmarks contributed to increased RLNG pricing on the SNGPL network during the month.
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And that too coming from Qatsr
No it isnt. We sold most of our rlng stock before the war.