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OGRA issues notification to increase LNG price for May

By
Saif ur Rehman

May 13, 2022

A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. —  Reuters/Issei Kato
A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. —  Reuters/Issei Kato

  • Price of LNG increases by $6.22/MMBTU on Sui northern system.
  • Price increases by $6.87/ MMBTU on Sui southern system.
  • The hike is for the month of May.

The Oil and Gas Regulatory Authority (OGRA) on Friday issued a notification to increase the price of liquefied natural gas (LNG) for the month of May.

According to the notification, the price of LNG has been increased by $6.22/MMBTU on the Sui northern system, making the price of the commodity $21.83/MMBTU.

The notification also stated that the price of LNG has increased by $6.87/ MMBTU on the Sui southern system, making its price $23.78/MMBTU.