rlng prices jump
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RLNG prices jump up to 34.6% amid supply disruptio…

ByJustpaste.in

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the prices of re-gasified liquefied natural gas (RLNG) by up to 34.6% for July 2026, as continued disruptions in LNG supplies from Qatar forced Pakistan to rely on expensive spot market imports.

According to an official notification, consumers of Sui Southern Gas Company (SSGC) will face the largest increase. The RLNG price for SSGC consumers has been fixed at $25.087 per MMBtu, following an increase of $6.4512 per MMBtu, representing a 34.6% rise.

Consumers of Sui Northern Gas Pipelines Limited (SNGPL) will also pay higher rates. The regulator fixed the RLNG price at $25.8388 per MMBtu, an increase of $6.316 per MMBtu, or 32.35%, compared with the previous month.

Officials said the latest increase was mainly driven by a sharp decline in LNG imports during July. Pakistan received only five LNG cargoes throughout the month, making it the third-lowest monthly import volume since the country started importing LNG.

The reduced supply forced the country to purchase all available LNG cargoes from the international spot market, where prices are generally much higher and more volatile than long-term contractual rates.

Energy officials said state-owned Pakistan LNG Limited arranged all five cargoes from the spot market. Meanwhile, Pakistan did not receive any LNG shipments under its long-term agreements with Qatar during the month.

The interruption in Qatari supplies has continued since damage to energy infrastructure earlier this year, affecting LNG exports to several countries in Asia and Europe, including Pakistan.

Experts said the absence of lower-cost LNG from long-term contracts has significantly increased Pakistan’s import bill and placed additional pressure on the country’s energy sector.

Since the regional conflict in the Middle East began earlier this year, RLNG prices in Pakistan have risen by more than 144%, making energy substantially more expensive for industries, businesses and other consumers.

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