Pakistan’s prices for imported re-gasified liquefied natural gas (RLNG) increased in May 2026 due to changes in global energy markets and a shift in the country’s import mix.
According to Arif Habib Limited, the average RLNG price on the Sui Northern Gas Pipelines Limited system rose by around 42% compared to the same period last year. This sharp increase reflects higher international energy prices and additional import costs.
Analysts said the rise was mainly caused by increased global oil and gas prices, which directly affect LNG import rates. Another key reason was the inclusion of a spot LNG cargo imported by Pakistan LNG Limited, which is usually more expensive than long-term supply contracts.
Higher terminal handling charges and other operational costs also contributed to the overall increase in RLNG pricing during the month.
In addition, Pakistan State Oil reported a drop in RLNG supply volumes to around 242 million cubic feet per day (mmcfd). The company noted that the use of more costly spot cargoes instead of cheaper long-term agreements further increased the average import cost.
Energy experts say Pakistan’s RLNG pricing is highly sensitive to global market movements, especially changes in crude oil prices and international LNG demand. When spot imports are used more frequently, overall costs tend to rise significantly.
The recent increase in RLNG prices is expected to affect industrial users and power generation costs, as natural gas remains an important fuel source in Pakistan’s energy mix. Authorities continue to monitor global markets as pricing trends remain volatile.
