LNG price cut for May: OGRA issues notification

Islamabad: The price of Liquefied Natural Gas (LNG) has been reduced by $1.71 per MMBtu.

The reduction in LNG prices has been made for the month of May, and OGRA (Oil and Gas Regulatory Authority) has issued a notification regarding the new prices.

For the Sui Northern system, the LNG price has been reduced by $1.68 per MMBtu.

According to the notification, the new LNG price on the Sui Northern system is set at $11.79 per MMBtu, while the new price on the Sui Southern system is set at $10.87 per MMBtu.

This represents a 12.42% decrease in LNG prices for the Sui Northern system and a 13.64% decrease for the Sui Southern system.