Oil and Gas Regulatory Authority held a public hearing at Lahore on March 30, 2022, at PC Lahore to consider Sui Northern Gas Pipelines Limited (SNGPL)’s petition for Determination of its Estimated Revenue Requirements / prescribed prices for FY 2022-23.
The Petitioner has projected the average Prescribed Price at Rs. 920.88/MMBtu for FY 2022-23. The petitioner has also requested Rs. 1,172.01/MMBtu on account of previous years’ shortfall.
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Accordingly, the aggregate average prescribed price has been requested at Rs. 2,074.89 per MMBTU including previous years’ shortfall in the natural gas business.
The Petitioner has also projected RLNG cost of service at Rs. 490.18 per MMBTU w.e.f July 01, 2022, for RLNG business, including Rs. 330.68/MMBTU on account of the differential impact of RLNG diversion.