ISLAMABAD June 09 2021: The Oil & Gas Regulatory Authority (OGRA) on Wednesday set weighted average price of RLNG at USD10.33 per million British thermal unit (MMBTU) for the month of June 2021. These RLNG flows will cost USD308 million just for the month of June.
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RLNG prices are increased substantially by 68.6 percent on year on year basis for the consumers when compared to rate of USD6.1 per mmbtu in June 2020.
Pakistan will import 12 cargoes for the month of June 2021, six each by Pakistan Stat Oil company (PSO) and Pakistan LNG Limited (PLL). PSO will import RLNG at Brent slope of 13.37 percent while PLL price for two cargoes is set at a discount of 11.62 percent and 11.95 percent to last 3 months average of Brent. Remaining four cargoes will cost from range of USD6.8 per mmbtu to USD6.9 per mmbtu.
RLNG prices are 0.8 percent higher than last month of USD10.25 per MMBTU.
