Regasified Liquefied Natural Gas
Coverage of Regasified Liquefied Natural Gas in the Nexus archive.
- Govt cuts petrol price by 12 paisas, diesel by 66 paisas for the next three days
The government reduced petrol and diesel prices by 12 and 66 paisas per litre, effective August 1-3, while the Oil and Gas Regulatory Authority (Ogra) announced a 32% increase in regasified liquefied natural gas (RLNG) prices for August, citing the US-Iran war as a supply disruption. Fuel price adjustments are now set daily due to international market fluctuations, sparking opposition from the All Pakistan Dealers Association.
- Power companies seek Rs1.20 per unit fuel cost adjustment for August
Power companies requested a Rs1.20 per unit fuel cost adjustment for August, citing increased expenses from imported fuels like Regasified Liquefied Natural Gas (RLNG) and furnace oil. The National Electric Power Regulatory Authority (Nepra) will hold a public hearing to review the request, which could add Rs15.7 billion to consumer bills if approved.
- Gas force majeure hits Punjab
Sui Northern Gas Pipelines Ltd (SNGPL) declared force majeure for three weeks due to tensions in the Strait of Hormuz, disrupting regasified liquefied natural gas (RLNG) supply to Punjab's power plants. This could cause power shortages, increased loadshedding, and higher reliance on costly spot markets. Qatar Energy, the supplier, cited unresolved regional conflicts and safety concerns as reasons for delayed LNG deliveries.
- Ogra notifies 15pc increase in Regasified Liquefied Natural Gas price for June
Ogra announced a 15pc increase in Regasified Liquefied Natural Gas (RLNG) prices for June due to supply disruptions from the US-Iran war and costly spot market purchases. The price hike raised fuel costs for power generation to Rs31 per unit in May, up from Rs13.72 in April, with Sui Southern Gas Company (SSGCL) and Sui Northern Gas Pipelines (SNGPL) reporting higher distribution and transmission losses.