LNG Price Hike Leaves Pakistani Consumers Reeling with Double Bills

Thousands of households connected to SNGPL's LNG-based network have received unusually high gas bills this month.

The surge in global LNG rates is to blame, with prices rising to Rs7,200 per MMBTU last month from Rs3,700 per MMBTU previously.

SNGPL bases its charges for LNG-based domestic connections on the prevailing cost of imported gas, meaning any fluctuation in the international market is reflected immediately in consumer bills.

According to sources, the price swing was caused by renewed conflict between the US and Iran, which unsettled global energy markets and drove LNG prices sharply higher.