ISLAMABAD: The Oil and Gas Regulatory Authority has increased liquefied natural gas (LNG) prices by up to 28 percent for May and issued a new price notification for consumers on the Sui Northern and Sui Southern gas networks.
Under the new rates, the LNG price for Sui Southern has been set at $16.04 per million British thermal units (MMBtu), an increase of $3.51 per MMBtu, the notification said.
The regulator also raised LNG prices on the Sui Northern Gas Pipelines Limited system by $3.40 per mmBTU.
Under the revised rates, the new LNG price for Sui Northern consumers has been set at $16.98 per mmBTU.
The revised prices will be applicable for the month of May, according to the OGRA notification.
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