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Home Budget

RLNG Prices increased by 123 percent in Pakistan

admin-augaf by admin-augaf
August 2, 2021
in Budget, Business
Reading Time: 1 min read
0
OGRA notified RLNG price of USD12.92 per mmbtu for the month of July

OGRA notified RLNG price of USD12.92 per mmbtu for the month of July

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Islamabad August,02, 2021: Oil & Gas Regulatory Authority has notified RLNG prices for August month at USD13.6 per mmbtu without GST.

In fiscal year 2022 budget Government has increased sales tax on RLNG to 17 percent from 12 percent that would result in after GST RLNG price of USD 15.9 per mmbtu. August 2021 Post-GST prices are higher by 123 percent from last year prices.

PSO has bought six cargos with average price of USD11.4219 perr mmbtu and PLL played efficiently and has bought six cargos at USD 10.3161 per mmbtu.

In July 2021 month OGRA has notified gas prices of USD12.9160 per mmbtu and in August 2020 LNG notified prices were 6.3794 per mmbtu.


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Tags: BudgetImran KhanLNGPLLPSOQatar LNG
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