News

OGRA Announces Big Increase in RLNG Prices for May 2024

•
5 min read
•
Legal Editorial Desk
OGRA Announces Big Increase in RLNG Prices for May 2024
The Oil and Gas Regulatory Authority (OGRA) has notified prices of re-gasified liquefied natural gas (RLNG) for both the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) effective May 01, 2024. According to a statement released by OGRA, for SNGPL, the RLNG transmission price has been set at $12.721 per MMBtu and $13.744 per MMBtu for distribution during May 2024. Both the transmission and distribution prices have gone up by 6.18 percent and 4.2 percent, respectively, compared to April 2024. For SSGC, the transmission rate has been set at $12.0672 per MMBtu and $14.0506 per MMBtu for distribution. Both the transmission and distribution prices have gone up by 6.5 percent, each, compared to April 2024.
Share:

Editorial & Legal Practice Group

Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

Advocates High Court & Tax Counsel Jurisdiction: Pakistan

Need Expert
Legal Counsel?

Free Session
Initial Consultation
100% Secure
Private & Confidential

Request a Callback

Enter your WhatsApp number and our legal team will connect with you shortly.

Typical response: Prompt response during chamber hours