OGRA notifies hike in LNG prices for Feb
- By Web Desk -
- Feb 04, 2021
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Thursday announced a rise in Liquefied Natural Gas (LNG) prices for the month of February, ARY News reported.
A notification has been released by the authority in this regards for the price hike of $0.88 per MMBTU for Sui Southern Gas Company (SSGC) and $0.89 for Sui Northern Gas Pipelines Company Limited (SNGPL).
The price of LNG on the Sui Northern system set up to $9.61 per MMBtu and $9.35 for the Sui Southern system.
In the previous month, the price of SNGPL was $8.46 per MMBtu, while it was $8.46 per MMBtu for SSGC.
On Jan 31, the federal government increased the price of petrol by up to Rs2.70 per litre for the next 15 days of February, according to a notification issued by the Ministry of Finance.
Also Read: OGRA notifies record increase in LPG prices for January
The prime minister approved Rs2.70 per litre increase in the price of petrol and Rs2.88 per litre in that of diesel. The price of kerosene oil is increased up to Rs3.54 per litre while that of light diesel was jacked up to Rs3 per litre.
The Oil and Gas Regulatory Authority (OGRA) on Friday had proposed Rs12 per litre hike in petrol price from February 1. The OGRA had proposed raising Rs10 per litre on high-speed diesel.