OGRA raises LNG prices by up to 28pc for Sui Northern and Sui Southern consumers

OGRA raises LNG prices by up to 28pc for Sui Northern and Sui Southern consumers

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.

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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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