Advertisement
Categories: BusinessNewsPakistan

Ogra Raises LNG Prices by Up to 28%

Advertisement

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.

Advertisement
News Desk

Recent Posts

Bank Alfalah and WWF-Pakistan Mark Pakistan’s Independence Day with Alfa Forest Mangrove Plantation Drive

To commemorate Pakistan's Independence Day, Bank Alfalah, one of Pakistan's leading commercial banks, partnered with…

4 days ago

foodpanda Collaborates with itel Pakistan to Enhance Rider Connectivity and Digital Access

In a shared commitment to digital inclusion and rider welfare, foodpanda has signed a Memorandum…

4 days ago

OICCI members invest US$23bn in Pakistan, outpacing decade-long net FDI

Leading foreign investors continue to demonstrate strong confidence in Pakistan's economic potential, with OICCI member…

4 days ago

Broadway Pizza adds 82nd outlet, eyes further growth

Broadway Pizza has opened its 82nd branch on the main road near Hadiabad Society, adjacent…

5 days ago

LUCKY INVESTMENTS ACHIEVES THE HIGHEST ASSET MANAGER RATING – AM1

Lucky Investments Limited ("Lucky Investments") has been awarded AM1, the highest Asset Manager Rating by…

5 days ago

Meezan Bank Accelerates Affordable Housing Finance, Surpasses PKR 3 Billion under Government’s Ghar Ho Tu Apna Programme

Karachi: Reinforcing its strategic focus on expanding affordable housing finance, particularly for salaried individuals, Meezan…

5 days ago