Islamabad, September 19 ,2025 A meeting was chaired today by Mr. Ali Pervaiz Malik, the Federal Minister for Petroleum, to review the comprehensive roll-out plan for providing RLNG (Regasified Liquefied Natural Gas) connections to domestic users across the country. The meeting was attended by the Secretary Petroleum, Additional Secretary, Director General Gas, representatives of the Oil and Gas Regulatory Authority (OGRA), and the Managing Directors of both Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL). During the meeting, the Managing Directors of SNGPL and SSGCL…
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President Approves Captive Power Plants Levy Bill Amid Industry Concerns
ISLAMABAD – President of Pakistan has signed into law the Off the Grid (Captive Power Plants) Levy Bill, 2025, following its approval by both Houses of Parliament. The legislation imposes a phased levy on natural gas and RLNG consumption by captive power plants (CPPs), sparking concern among industrial stakeholders. Introduced by Federal Minister for Petroleum Ali Pervaiz Malik and passed by the National Assembly on May 22, the bill mandates an immediate 5% levy, increasing to 10% by July 2025, 15% by February 2026, and reaching 20% by August 2026.…
Read MoreGovt Eyes Rs55bn Windfall from Gas Tariff Hike for CPPs
ISLAMABAD: The government is set to collect over Rs55 billion in prior year adjustments (PYA) during FY25, following a Rs500/MMBtu increase in gas tariffs for captive power plants (CPPs), aligning with IMF-mandated reforms. The tariff hike from Rs3,000/MMBtu to Rs3,500/MMBtu has pushed the weighted average gas tariff to Rs1,722/MMBtu, with an expected annual average of Rs1,689/MMBtu, according to Hamdan Ahmed, an analyst at Optimus Capital Management. The Oil and Gas Regulatory Authority (OGRA) has also based its revenue estimates on an assumed oil price of $81.8/bbl, higher than the FYTD25…
Read MoreSNGPL Seeks Petroleum Division’s Intervention on Gas Cost Equalisation and RLNG Financing
ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has called on the Petroleum Division for urgent support to finalise a gas cost equalisation arrangement with Sui Southern Gas Company Limited (SSGC) and to include the full financing cost of short-term RLNG borrowings in the RLNG price structure to ensure cost recovery. In a letter to the Director General (Gas) at the Petroleum Division, SNGPL’s Chief Financial Officer (CFO) reaffirmed the company’s commitment to meeting its financial obligations, including payments to Pakistan State Oil (PSO). The letter highlighted that accumulated payment shortfalls…
Read MoreOGRA Notifies Adjusted RLNG Prices for January Amid Rising System Losses
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced revised Regasified Liquefied Natural Gas (RLNG) prices for January, reflecting a slight decrease for Sui Northern Gas Pipelines Ltd (SNGPL) and an increase for Sui Southern Gas Company (SSGCL), amidst record-high system losses. Karachi-based SSGCL, serving Sindh and Balochistan, saw its system losses surge to 16.16% from 13% last month. Lahore-based SNGPL, supplying Punjab and Khyber Pakhtunkhwa, recorded an increase in losses to 8.6% from 8%. For SNGPL, the RLNG sale price at the transmission stage was reduced by 1.98%…
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