The Oil and Gas Regulatory Authority (Ogra) announced a significant increase in liquefied natural gas (LNG) prices for May. Sui Southern Gas Company reported that the new rates will see an 28% hike.
Under these new conditions, Sui Southern’s LNG price is set at $16.04 per million British thermal units (MMBtu), up from a previous rate of $12.53 per MMBtu.
For Sui Northern Gas Pipelines, the new pricing sees the LNG price fixed at $16.98 per MMBtu, marking an increase of 27% from its prior rate of $13.58 per MMBtu.
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