OGRA jacks up RLNG prices

There is a $0.8883-per-mmbtu increase in the sale price of imported RLNG

The power regulator approved the generation tariff for National Power Park Management Company (Private) Limited for its 1,198.555 MW (net) Power Project on RLNG/HSD at Balloki for combined cycle and simple cycle operation. PHOTO: FILE

ISLAMABAD:

The Oil and Gas Regulatory Authority (Ogra) on Thursday revised prices of re-gasified liquefied natural gas (RLNG) on networks of Sui Southern Gas Company (SSGC) and Sui Northern Gas Pipelines Limited (SNGPL) for the ongoing month of February. According to a notification issued by the authority, there is a $0.8883-per-mmbtu increase in the sale price of imported RLNG on the SSGC system for February as compared to January. The new RLNG price for the SSGC system has been fixed at $9.3570 per mmbtu, which was $8.4687 last month. Similarly, there is a $0.8875-per-mmbtu surge in the sale price of imported RLNG on the SNGPL system for the current month as compared to the previous month. The new RLNG price for the SNGPL system has been fixed at $9.6191 per mmbtu, which was $8.7316 in January.

Published in The Express Tribune, February 5th, 2021.

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