Pakistan LNG Prices Plummet by Up to 27.71%

The Oil and Gas Regulatory Authority (OGRA) has announced a significant reduction in liquefied natural gas (LNG) prices for both Sui Northern and Sui Southern gas systems in Pakistan.

The new LNG price for the Sui Northern Gas Pipelines Limited system has been fixed at $19.03 per million British thermal units (MMBtu), down from a previous price of $25.84, which represents a decrease of up to 27.71%.

In comparison, the LNG price for the Sui Southern Gas Company Limited system has been reduced by $6.95 per MMBtu, bringing the new price to $18.13 per MMBtu, also representing a reduction of up to 27.71%.