OGRA Increases Producer Gas Prices for Remaining 2026

Notably, the Oil and Gas Regulatory Authority (OGRA) has notified higher wellhead gas rates of up to 16 percent for the second half of 2026, with costs for fields operating under the Petroleum Policy 2012 rising by around 10 percent on average.

Key points

• Rates for Fazl X1, Rayan 1, Shahdadpur and Dhok Sultan climbed by regarding 9.8 percent.
• The cost for Rizq rose 6.7 percent to $6.32 per MMBtu from $5.92.
• Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
• The revised rates are effective for the second half of 2026 and reflect the annual rate adjustment mechanism.
• Add as a preferredSource on Google Follow on Google News Join WhatsApp.

For context, the revised rates are effective for the second half of 2026 and reflect the annual rate adjustment mechanism. It is based on the average oil cost during the preceding six months. Arab Light crude averaged $92.2 per barrel from January to June 2026, compared with $68.4 per barrel from July to December 2025, representing a 35 percent growth. OGDC Records 43% Profit Expansion in FY26.

Topline remarked a 35 percent rise in oil costs would translate into an estimated 10 percent to 11 percent growth in gas costs for firms operating under the Petroleum Policy 2012, reflecting the sliding benefit mechanism under the policy. While revised rates for the remaining fields are anticipated to follow, OGRA has issued notifications for some fields.

While rates for Bhit and Badhra rose 15.4 percent to $4.45 per MMBtu from $3.86, the wellhead cost for Chachar climbed 15.8 percent to $2.02 per MMBtu from $1.75. Rates for Fazl X1, Rayan 1, Shahdadpur and Dhok Sultan climbed by regarding 9.8 percent.

In practice, the cost for Rizq rose 6.7 percent to $6.32 per MMBtu from $5.92. While the cost for Adam X1 Well edged up 0.4 percent to $2.74 per MMBtu from $2.73, rehman field rates climbed by 6.7 percent for both production categories.

Topline remarked the revision represents an average rise of 8 percent to 10 percent. Although the impact has already been incorporated into its forecasts, the brokerage remarked it viewed the revision as positive for exploration and production sector earnings. Stay Connected with ProPakistani.

Obtain the latest business news, market insights, and economic updates wherever you prefer. Follow on Google Discover.

In short, OGRA Increases Producer Gas Prices for Remaining 2026 is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.