The Oil and Gas Regulatory Authority (OGRA) has announced a major reduction in Liquefied Natural Gas (LNG) prices, cutting rates by as much as 27.71 percent.
Under the new pricing structure, the LNG price for the Sui Northern system has been reduced by $6.81 per MMBtu, bringing it down from $25.84 to $19.03 per MMBtu.
The Sui Southern system has seen a similar cut, with prices dropping by $6.95 per MMBtu, from $25.08 to $18.13 per MMBtu. The revised rates take immediate effect following the issuance of the notification.
