Pakistan Slashes LNG Prices, Boosts Energy Costs with RLNG Hike
The Oil and Gas Regulatory Authority (OGRA) has announced a significant reduction in Liquefied Natural Gas (LNG) prices in Pakistan, effective immediately.
The price reduction ranges from 25.84 dollars to 27.71 per cent, depending on the region.
For Sui Southern, the new LNG price is set at 18.13 dollars per MMBtu, down from 25.08 dollars previously.
In contrast, OGRA has increased Regasified Liquefied Natural Gas (RLNG) prices by 32 percent for August, with a new price of 25.83 dollars per mmBtu for Sui Northern Gas Pipelines Limited.