ISLAMABAD: The state-owned Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) have filed petitions with the Oil and Gas Regulatory Authority (Ogra), seeking an increase in their average prescribed gas prices for the fiscal year 2026-27, effective retrospectively from July 1.
In the petition, SNGPL has sought an increase of Rs10 per million British thermal units (MMBtu), proposing to raise its average prescribed price to Rs1,712.40 from the existing Rs1,702. Whereas, SSGCL has sought an increase of Rs366.75 per MMBtu, seeking to raise its average prescribed price to Rs2,071.75.
SNGPL has also included Rs60.147 billion in LNG service costs in its proposed gas price. The cost of LNG for the company would amount to Rs471.16 per MMBtu.
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The company stated that limited availability of indigenous gas during the winter season would necessitate arrangements for additional supplies. It estimated that 16 LNG cargoes would be required to meet the demand.
Both gas utilities have also cited an increase in the price of crude oil in the international market as a factor behind their request for higher gas prices.
The Ogra will conduct hearings on the applications submitted by SNGPL and SSGC before deciding on the proposed gas price adjustments.
Copyright Business Recorder, 2026