ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Tuesday withdrew the notification of increasing the RLNG prices. The regulator took this decision after the Pakistan State Oil (PSO) informed the Ogra that it had scrapped the highest LNG bid of over $20 per mmbtu. On Monday, the Ogra had allowed SSGCL and SNGPL to increase the price of LNG up to 5.59 percent, due to expensive deals by Pakistan LNG Limited (PLL). The PLL has secured the most expensive deals at over $15 per mmbtu by shelving cheaper deals and it has been the major reason for the increasing prices of LNG for customers of SNGPL and SSGC.
Ogra ncreased the provisional price of RLNG for the consumers of both companies and jacked up the rates for consumers of SNGPL by $0.692 per mmbtu or 5.36 percent, while for the consumers of SSGC, it has been increased by $0.707 per mmbtu or 5.59 percent, said the notification issued by the regulator.
Justice Tariq Mehmood Jahangiri took up Sher Afzal bail plea for hearing
CCP’s announcement made, stating that applicants are required to pay money upfront in order to enroll
According to details, the police took a van filled with female students of medical college to a police station on...
In this image, the logo of the Nowshera Press Club can be seen. — Facebook/Nowshera Press Club/FileNOWSHERA: The...
Senator Sherry Rehman said the PPP had previously extended an offer to the PTI to form a government, but the PTI is...
A division bench comprising Justice Shakeel Ahmad and Justice Dr Khurshid Iqbal heard the petition filed by the KP...