RLNG prices rocket to highest level in a decade

• LPG rates for August increased to Rs254.32 per kg ISLAMABAD: In a major price shock, Ogra on Friday notified a record 32pc increase in regasified liquefied natural gas (RLNG) prices for August, fixing the rate at $25.83 per mmBtu for Sui Northern Gas Pipelines Limited (SNGPL) and $25.09 per mmBtu for Sui Southern Gas Company Limi­ted (SSGCL), while denying consumers about Rs50bn in savings from lower natural gas rates. This translates into a retail price of around Rs7,204 per mmBtu. The rev...

By none@none.com (Khaleeq Kiani)