ISLAMABAD: OGRA has issued a notification for an increase in LNG prices by up to 28% for May.
According to the notification issued by the Oil and Gas Regulatory Authority (OGRA), the price of LNG for Sui Southern has been increased by $3.51 per MMBTU, after which the new price of LNG for Sui Southern has been set at $16.04 per MMBTU.
Similarly, LNG for the Sui Northern system has become expensive by $3.43 per MMBTU, after which the new price of LNG on the Sui Northern system has been set at $16.98 per MMBTU.
Sources have said that due to the delay in the authority’s decision, there has been an extraordinary delay in determining the prices for May.
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