The Oil and Gas Regulatory Authority (OGRA) reduced the price of re-gasified liquefied natural gas (RLNG) by up to 27.7 percent for August 2026, as Pakistan imported one cargo from Qatar under a long-term contract, it was reported on Saturday.
The Oil and Gas Regulatory Authority announced the revised prices for August, based on just one imported LNG cargo, the lowest monthly procurement since Pakistan began LNG imports.
The RLNG price was reduced due to lower LNG prices in the international market and reduced imports from the spot market. No LNG was imported from the spot market in August.
According to the notification issued by OGRA, for the consumers of Sui Southern Gas Company, the prices have been reduced by $6.9527 per million British thermal units (or 27.71 percent) to $18.1345 for August from $25.087 per MMBtu during July.
For SNGPL consumers, the prices have been slashed by $6.81 per MMBtu (or 26.36 percent) to $19.0276 per MMBtu from $25.8388 per MMBtu during July, said the notification. OGRA has calculated the RLNG price based on one LNG cargo imported by the state-run Pakistan State Oil (PSO) at the slope of 13.37 percent of the Brent oil from Qatar under a long-term contract.
PSO imports Qatari gas under two long-term, Brent crude-linked contracts. Whereas no spot cargo was procured by Pakistan LNG Limited (PLL). Since drone strikes hit Qatari energy infrastructure on March 2, QatarEnergy, the world’s biggest LNG exporter, declared force majeure and halted shipments to customers across Europe and Asia, Pakistan included.
However, Pakistan secured one cargo from Qatar during August. RLNG makes up roughly a fifth of Pakistan’s energy mix and acts as a critical cushion against the country’s chronic domestic gas shortfalls.
