The Oil and Gas Regulatory Authority (OGRA) has reduced the prices of liquefied natural gas (LNG) by up to 13.64%.
OGRA has issued a notification of LNG prices for May, under which LNG on the Sui Northern system has been reduced by $1.69 per million British thermal unit (MMBTU) while LNG on the Sui Southern system has been reduced by $1.72 per MMBTU.
The notification states that the new price of LNG on the Sui Northern system has been fixed at $11.79 per MMBTU, while the new price of LNG on the Sui Southern system has been fixed at $10.87 per MMBTU.
It should be noted that in April, the price of LNG on the Sui Northern system was $13.48 per MMBTU, while the price of LNG on the Sui Southern system was $12.59 per MMBTU.
