LNG price in Pakistan cut 20%: RLNG now $15.20 on SNGPL, $14.22 on SSGC

The Oil and Gas Regulatory Authority (OGRA) has cut the price of imported re-gasified LNG (RLNG) for September by about 20%. The notification, dated 24 September 2026, applies with effect from 1 September, so the whole month is billed at the lower rate.

The new LNG price in Pakistan

These are the weighted average sale prices before GST, in US dollars per MMBtu, as set out in OGRA's annexures:

At today's interbank dollar of about Rs 277.17 (see the dollar rate page), the SNGPL distribution price works out to roughly Rs 4,212 per MMBtu, about Rs 1,062 less than in August. On the SSGC network it is about Rs 3,942, down about Rs 1,084.

Why the price fell

OGRA's working sheets show three things moved:

• The cargo price itself fell. The delivered (DES) price of LNG used in the formula dropped from $12.12 in August to $10.06 per MMBtu. LNG is priced off Brent, and the three-month Brent average in the formula eased from $90.66 to $85.44.
• Two cargoes instead of one. PSO brought in two cargoes (about 6.3 million MMBtu) against one in August, so fixed charges were spread over twice the gas.
• Terminal charges per unit halved, from $2.28 to $1.09 per MMBtu, for the same reason.

These are provisional prices. OGRA says the final figures will be adjusted once actual retainage and costs are known, so a small revision later is normal.

Who pays this price

RLNG is not the price of ordinary piped gas for most homes, which is set separately under OGRA's consumer gas tariffs. The RLNG price feeds into:

• Industry and captive power on RLNG connections, whose monthly gas bills fall with it.
• CNG stations supplied with RLNG in Punjab and Islamabad, whose costs drop.
• Power plants running on RLNG, which feeds into fuel cost adjustments on electricity bills later.

If your business pays for RLNG, your September invoice should reflect the new rate. Check the per-unit charge against the table above. For a household gas bill, work out your own with our gas bill calculator.

The context

The cut comes after a run of very expensive spot cargoes over the summer, when shipping through the Strait of Hormuz was disrupted and Pakistan paid a record spot price. We covered why Pakistan's gas bill is exposed to Hormuz earlier this month. September's lower number reflects both the easing oil price and the larger volume delivered.

What to watch

• October's RLNG price will follow in about four weeks, using the same Brent-linked formula.
• CNG pump prices in Punjab are set by station owners, so whether the cut reaches motorists depends on them.
• Electricity bills: fuel cost adjustments are decided by NEPRA two months after the fact, so any effect shows up later.