OGRA Announces Huge Decrease in LNG Prices

For context, the Oil and Gas Regulatory Authority (OGRA) has confirmed a major reduction in liquefied natural gas rates, cutting rates by up to 27.71 percent for the Sui Northern Gas Pipelines Limited and Sui Southern Gas Business systems.

BusinessNews Info Wire2 min read
OGRA Announces Huge Decrease in LNG Prices

For context, the Oil and Gas Regulatory Authority (OGRA) has confirmed a major reduction in liquefied natural gas rates, cutting rates by up to 27.71 percent for the Sui Northern Gas Pipelines Limited and Sui Southern Gas Business systems.

Article outline

  1. What happened
  2. The key numbers
  3. The details
  4. The bottom line

Key points

  • After the review of LNG costs for the two systems, OGRA issued the notification on August 28, 2026.
  • Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
  • APAG IPO Fully Subscribed on Day One, Driven by Solid Investor Confidence.
  • For the Sui Southern system, OGRA reduced the LNG cost by $6.95 per MMBtu.
  • Add as a preferredSource on Google Follow on Google News Join WhatsApp.

According to a notification issued by OGRA, the LNG cost for the Sui Northern system has been reduced by $6.81 per million British thermal units, bringing the new rate to $19.03 per MMBtu from $25.84 per MMBtu previously.

For the Sui Southern system, OGRA reduced the LNG cost by $6.95 per MMBtu. The new cost has been set at $18.13 per MMBtu, down from the previous rate of $25.08 per MMBtu.

Notably, the reduction represents a significant decline in LNG rates for both gas distribution systems, with the cut for the Sui Northern system amounting to 26.36 percent and the reduction for the Sui Southern system reaching 27.71 percent.

For context, the new rates will replace the previously notified rates of $25.84 per MMBtu for the Sui Northern system and $25.08 per MMBtu for the Sui Southern system. Stay Connected with ProPakistani.

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

For now, OGRA Announces Huge Decrease in LNG Prices remains the part of the story worth watching, and further updates are likely as more details are confirmed.

Leave a Reply

Your email address will not be published. Required fields are marked *