ISLAMABAD: The Oil and Gas Regulatory Authority has increased the prices of liquefied natural gas (LNG) by up to 28% for May, according to a notification issued on Friday.
Under the revised rates, LNG prices on the Sui Southern Gas Company system have been increased by $3.51 per MMBTU, taking the new price to $16.04 per MMBTU.
Similarly, LNG prices for the Sui Northern Gas Pipelines Limited system have gone up by $3.43 per MMBTU. The new rate for consumers on the SNGPL network has been fixed at $16.98 per MMBTU.
The revised prices will apply for the month of May and are expected to add further pressure on energy costs for consumers and industries across the country.
The post OGRA raises LNG prices by up to 28% for May appeared first on Karachi News.