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Pakistani utilities SNGPL and SSGC applied to regulator OGRA for higher prescribed gas prices, retroactive to July 1. SNGPL asked for a Rs10.40/MMBtu rise, and SSGC for Rs366.75/MMBtu, citing higher crude prices and LNG costs.
Higher regulated gas prices raise industrial energy costs in Pakistan and could affect fertilizer and feed plant operating margins. The outcome depends on OGRA hearings still to come.
After 34 past policy events, Natural Gas moved a median -1.7% over 5 sessions (38% higher; middle half -7.4% to +2.5%), and +2.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.