RLNG prices slashed up to 7.1%

The Oil and Gas Regulatory Authority (Ogra) on Friday notified up to 7.11% reduction in prices of re-gasified liquefied natural gas (RLNG) in its monthly review for October 2024.

According to a notification, the decrease in RLNG prices is mainly the outcome of a fall in Delivery Ex-ship (DES) rates.

The new price of RLNG for SNGPL consumers has been fixed at $12.0714 per million British thermal units (mmBtu) for transmission and $12.9393 per mmBtu for distribution. Similarly, the new price of RLNG for SSGC consumers has been fixed at $10.9238 per mmBtu for transmission and $12.4659 per mmBtu for distribution.