The Oil and Gas Regulatory Authority (Ogra) has notified 40% increase in the price of re-gasified liquefied natural gas (RLNG) for the consumers of public gas utilities for May 2022 as compared with the previous month of April.
According to a notification issued on Friday, the government has fixed the RLNG price at $21.8317 per million British thermal units (mmbtu) for the consumers of Sui Northern Gas Pipelines Limited (SNGPL).
The new price is higher by $6.2152 as compared with the rate of $15.6165 per mmbtu for April 2022. The weighted average sale price does not include the general sales tax (GST).
For the consumers of Sui Southern Gas Company (SSGC), the RLNG price will be even higher at $23.7873 per mmbtu as compared with the SNGPL’s consumer price due to 17.25% distribution losses against the permissible loss of 8.49% for SNGPL.
Published in The Express Tribune, May 14th, 2022.
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