Ogra cuts RLNG prices

By: News Desk
Published: 12:40 PM, 7 Jun, 2020
Ogra cuts RLNG prices
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After a major drop in the prices of petroleum products, the Oil and Gas Regulatory Authority (OGRA) on Sunday notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the Sui Southern Gas Company and Sui Northern Gas Pipelines for the current month.

According to a notification issued by the authority, there is $1.48 per mmbtu (Million British Thermal Unit) decrease in the sale price of imported RLNG on the system of Sui Southern Gas Company (SSGC) for the month of June as compared to May.

The new price of the RLNG for SSGC system has been fixed at $6.2716 per mmbtu, which was $7.7521 during the last month.

Similarly, there is $1.38 per mmbtu decline in the sale price of imported RLNG on the system of Sui Northern Gas Pipelines Limited (SNGPL) for the current month as compared to the corresponding month.

The new price of the RLNG for SNGPL system has been fixed at $6.1284 per mmbtu, which was $7.5105 in May.

Last Monday, Ogra had also slashed prices for Liquified Petroleum Gas (LPG) for the month of June.

LPG price had been slashed by Rs2 per kilogram whereas an LPG cylinder will now be available with a deduction of Rs24.59.

Categories : Business