Price of Re-gasified Liquefied Natural Gas (RLNG) has been reduced to USD 14.8105 per MMBTU, according to a notification issued by the Oil and Gas Regulatory Authority (OGRA).According to the notification, the price of RLNG in the previous month was USD 15.1865 which has been reduced by USD 0.3759 per Metric Million British Thermal Unit (MMBTU). RLNG on new prices will be available at all networks of SSGC and SNGPL during the remaining month of November, the presser continued.
The notification elaborated that the price decrease represents a downward adjustment of 2.48% in the price of RLNG to be available all across the distribution network of the Sui Southern Gas Company. The weighted average gas sale price has also decreased by 2.34%. The price for 1 unit of the RLNG will come down from USD 14.7850 in October to USD 14.4387 in November. This shows a decrease of USD 0.3463 per MMBTU of RLNG, the notification concluded.
Credit : Independent News Pakistan-WealthPk