RLNG jumps 22% following global rise in oil prices

SSGC would ensure that gas supply to its priority customers continues uninterrupted despite the reduction in RLNG supplies. Photo: File

ISLAMABAD:

The Oil and Gas Regulatory Authority (Ogra) on Thursday notified a sharp increase of 19 to 22 percent in the price of regasified liquefied natural gas (RLNG) for the month of March at the distribution stage for the two Sui gas companies in the country.

This increase is mainly due to higher terminal dues, a slight increase in import prices and a reduction in imported LNG cargoes, according to data published by the regulator.

This increase marks a rare increase in RLNG prices, after a marginal increase of 0.5% in February and two consecutive reductions in December (6%) and January (5%). Previously, RLNG prices increased by a total of 4.4% in October and November.

Karachi-based Sui Southern Gas Company Limited (SSGCL) supplies gas to consumers in Sindh and Balochistan, where distribution network losses currently stand at 12.55%, up from 10.6% recorded a few months earlier.

Meanwhile, Sui Northern Gas Pipelines Limited (SNGPL), which serves consumers in Punjab and Khyber Pakhtunkhwa, reported losses at the distribution stage of nearly 9 per cent, up from 7.47 per cent in October.

According to Ogra’s notification, the sale price of RLNG for SNGPL at the transmission stage increased by 19.3 percent to $12.49 per million British thermal units (mmBtu) in March from $10.47 per mmBtu in February. The price was $10.41 per mmBtu in January 2026, $10.92 per mmBtu in December 2025, and $11.24 per mmBtu in September.

At the distribution stage, the price of RLNG for SNGPL increased by 19.6% to $13.55 per mmBtu in March from $11.335 per mmBtu in February. Previously, the price was $11.27 per mmBtu in January, $11.83 per mmBtu in December, and $12.24 per mmBtu in November.

For SSGCL, the selling price of RLNG at the transmission stage increased by 22% to $11.12 per mmBtu in March from $9.03 per mmBtu in February. It stood at $8.98 per mmBtu in January, $9.47 per mmBtu in December and $9.86 per mmBtu in September.

At the distribution stage, SSGCL’s RLNG price rose 22% to $12.54 per mmBtu from $10.27 per mmBtu in February. The price was $10.21 per mmBtu in January, $10.77 per mmBtu in December, and $11.01 per mmBtu in September.

The regulator said the increase was mainly due to “increases in delivered ex-vessel (DES) price, import-related costs and terminal dues”.

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