Pakistan, July 15 -- The Oil and Gas Regulatory Authority (OGRA) has announced a further reduction in the prices of Liquefied Natural Gas (LNG) for July. According to the latest notification, LNG prices have been cut by up to 2.68%, offering slight relief to consumers amid broader energy challenges.

As per the OGRA notification, LNG prices for Sui Northern Gas Pipelines Limited (SNGPL) have been reduced by $0.20 per MMBTU, while prices for Sui Southern Gas Company (SSGC) have dropped by $0.29 per MMBTU. The price cut reflects changes in global LNG market rates and transportation costs.

The revised price for SNGPL now stands at $11.58 per MMBTU, whereas the SSGC price has been lowered to $10.57 per MMBTU. These updated rates are effectiv...