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Ogra notifies 15.3pc increase in RLNG price for October

Dawn • • 1 min read

Ogra notifies 15.3pc increase in RLNG price for October

Ogra raised October’s RLNG distribution prices by 14pc for SNGPL and 15.27pc for SSGCL, following a 20pc reduction in September, Dawn reported. The new rates are $17.33 per mmBtu for SNGPL and $16.396 per mmBtu for SSGCL, while their transmission-stage prices rose to $15.94 and $14.53 per mmBtu, respectively.

The increase followed a rise in the average delivered LNG price to $10.75 per mmBtu in October from $10.06 in September. Dawn said the higher fuel cost is expected to affect power generation costs in December; RLNG-based generation cost Rs40 per unit in September. Distribution prices also include supply-chain charges and system losses, reported at 8.97pc for SNGPL and 12.55pc for SSGCL.

At a glance

  • SNGPL’s October distribution-stage RLNG price rose 14pc to $17.33 per mmBtu.
  • SSGCL’s October distribution-stage RLNG price increased 15.27pc to $16.396 per mmBtu.
  • The average delivered LNG price rose to $10.75 per mmBtu in October.

Stocks in this story

Sectors:Oil & Gas Marketing CompaniesPower Generation & Distribution

Originally reported by Dawn

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