Friday, June 21, 2024
HomeLatest NewsBusinessOGRA announces up to 9% reduction in RLNG rates - Prime Time...

OGRA announces up to 9% reduction in RLNG rates – Prime Time News24

Regassified Liquefied Pure Gasoline (RLNG) costs for February 2024 witnessed a major discount, with a lower of 8.7 per cent and 9 per cent for Sui Northern Gasoline Pipelines Restricted (SNGPL) and Sui Southern Gasoline Firm Restricted (SSGC), respectively, as indicated by the current notification from the Oil and Gasoline Regulatory Authority (OGRA) on Thursday.

In line with the up to date charges for February, SNGPL will now cost $11.55/MMBtu and $12.49/MMBtu for distribution and transmission, respectively.

Evaluating these figures to the January 2023 costs, there’s an total lower of $1.1/MMBtu for SNGPL transmission and $1.2/MMBtu for transmission.

Equally, SSGC’s new costs for February are set at $11.13/MMBtu for transmission and $12.96/MMBtu for distribution. In distinction to the earlier month, this represents a decline of $1.1/MMBtu for transmission and $1.29/MMBtu for distribution.

The choice to decrease costs aligns with the federal authorities’s coverage pointers, reflecting efforts to offer aid and stability within the vitality sector.



Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments