ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) on Sunday fixed average RLNG prices at $6.12 per mmbtu for Sui Northern Gas Pipeline Limited (SNGPL) and $ 6.27 per mmbtu for Sui Southern Gas Company Limited (SSGCL) for the month of June.

LNG price notification shows a reduction in weightage average sale price of RLNG excluding GST of $1.38 per mmbtu for consumers of SNGPL and $1.48 mmbtu for SSGCL as compare with May's provisional prices of RLNG.

The CNG stations in Punjab and Islamabad regions using RLNG also reduced the prices by Rs 7.5 per litre. The new CNG price will be Rs 64.4 per litre for June which was Rs 72.3 per litre in May.

The price is calculated on the basis of Pakistan State Oil (PSO) six cargo at 13.37 percent to Brent from Qatar and 11.6 to 11.9 percent to Brent by Pakistan LNG Limited at spot rate.