Business & Economy Fuel Prices

LNG prices increase in Pakistan, adding an additional burden on consumers

FILE PHOTO

LNG prices were increased at the beginning of November, the notification of which has been issued by OGRA. According to the authority, this month the price of LNG has increased by $0.22 per MMBTU compared to October.

The notification states that the price of LNG for consumers of the Sui Northern system has been increased by $0.16 per MMBTU, after which the new price for this system has been set at $12.39 per MMBTU.

Similarly, the price has been increased on the Sui Southern system. According to OGRA, LNG for this system has now become expensive, rising by $0.22 per MMBTU to $11.45 per MMBTU.

According to economic experts, the local market is also being affected due to price fluctuations in the global energy market, which is having a direct impact on the public and the industrial sector.

Business Desk

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Gold
Business & Economy

Gold Hits Record High of Rs 274,000 Per Tola in Pakistan

Karachi: The All Pakistan Gems and Jewellers Association reports that gold prices in Pakistan today increased significantly, by Rs 1,400
FILE PHOTO
Business & Economy

Reports from SBP show that foreign investment in Pakistan saw an 11.58% increase in 2024.

Foreign direct investment into Pakistan increased significantly in the first eleven months of 2024, according to data released by the