ISLAMABAD – The federal authorities has decreased re-gasified liquefied pure gasoline (RLNG) prices by up to 5.9 p.c for consumers of each Sui corporations for the month of December
As per the notification issued by the Oil and Fuel Regulatory Authority (OGRA), RLNG prices have been decreased by 4.6 p.c for consumers of Sui Northern Fuel Pipelines Restricted (SNGPL) and by 5.9 p.c for consumers of Sui Southern Fuel Firm Restricted (SSGC) for December, in contrast to November prices.
In accordance to OGRA, for SNGPL consumers, the transmission worth has declined by $0.5119 per million British thermal items (MMBtu), or 4.48 p.c, to $10.9186 per MMBtu from $11.4305 per MMBtu in November. In the meantime, the distribution charge has decreased by $0.5716 per MMBtu, or 4.6 p.c, to $11.828 per MMBtu from $12.3996 per MMBtu within the earlier month.
Equally, for SSGC, the transmission worth decreased by $0.591 or 5.87 p.c to $9.474 per MMBtu from $10.065 per MMBtu in November and the distribution charge has declined by $0.675 or 5.9 p.c to $10.7767 per MMBtu from $11.45 per MMBtu in the course of the earlier month.
The Oil and Fuel Regulatory Authority (OGRA) issued its month-to-month prices and mentioned, “The lower in RLNG prices is due to lower in DES (Delivered Ex-Ship) worth.” The up to date prices embrace terminal fees, transmission losses, port dealing with prices, and margins for the state-run importer, PSO.
The weighted common sale prices are based mostly on 10 LNG cargoes imported by PSO underneath its two long-term provide contracts with Qatar. Of the ten cargoes acquired, six had been priced on the larger slope and 4 on the decrease charge. PSO procures six LNG cargoes at 13.37 p.c and 4 cargoes at 10.20 p.c of Brent crude prices.
