ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified up to five per cent reduction in the price of regasified liquefied natural gas (RLNG) at the distribution stage for the current month, mainly due to lower international oil prices.

This is the second consecutive monthly reduction, following around a 6pc decline in December, cumulatively bringing down RLNG prices by more than 11pc over two months. Before this drop, prices had increased by 4.4pc during October and November.

Karachi-based Sui Southern Gas Company Limited (SSGCL), which serves consumers in Sindh and........

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