LNG Price in Pakistan December 2023 today

The Oil and Gas Regulatory Authority (OGRA) has increased the price of LNG by $0.51 per mmbtu. The price of LNG on the Sui Northern system has been increased by $0.50 per mmbtu and on the Sui Southern system by $0.51 per mmbtu. After the increase, the new price of LNG on the Sui Northern system has been fixed at $13.33 per mmbtu and on the Sui Southern system at $13.87 per mmbtu. The new price will be effective from December 1,2023.

LNG Price in Pakistan December 2023 today

Sui Northern Gas Pipelines Limited (SNGPL) is one of the largest natural gas suppliers in Pakistan. The company has recently announced new tariffs that will come into effect from April 1, 2023. The new tariff is expected to have a significant impact on consumers across the country. we will discuss the details of the new tariff and its potential impact on households and businesses in Pakistan.

LNG per kg price in Pakistan today

RLNG price for Sui Northern has been increased by 1.20%. The new RLNG price for Sui Northern has been fixed at $13.49 per mmbtu. RLNG for Sui Northern in October The price was set at $13.33 per mmbtu. The RLNG price for Sui Southern has been increased by 1.17%. The new RLNG price for Sui Southern has been set at $14.03 per mmbtu. RLNG price for Sui Southern in October was fixed at $13.87 per mmbtu. The new prices will be applicable from November 1, 2023. Notification has been issued.

LNG price in Pakistan today

Consumers using 90 cubic meters of gas during November to February (winter) are protected and consumers using more than 90 cubic meters of gas during the same period are unprotected. As per Ogra’s notification, protected users will have to pay a fixed charge of Rs 50 while non-protected users will have to pay a fixed charge of Rs 460.

If the consumption of gas exceeds 90 cubic meters in any month from November to February, it will be considered unprotected. The rate of sales tax on gas has also been increased to 18% from February 15.

The difference between the months of January and February of gas price increase by Ogra will be charged in installments in the bills from March to May. The new tariff proposed by SNGPL is likely to have a significant impact on consumers across Pakistan. The increase in natural gas prices can lead to higher production costs, increased inflation and a burden on households with low income. However, there are possible solutions that consumers can explore to mitigate the impact of the new tariff.