OGDCL hikes LNG prices by 1.97pc

Islamabad: The price of Liquefied Natural Gas (LNG) has been increased by up to 1.97%. The Oil and Gas Regulatory Authority (OGRA) has issued a notification for LNG prices for November.

According to the notification, the price of LNG on the Sui Southern system has risen by $0.22 per MMBtu, while on the Sui Northern system, the price has increased by $0.17 per MMBtu.

The new price for LNG on the Sui Northern system is set at $12.40 per MMBtu, while for Sui Southern, the new price will be $11.45 per MMBtu.

It is noteworthy that OGRA had previously increased LNG prices by up to 2% for October and by 2.63% for September.