Ibn-e-Ameer The board of directors Pakistan LNG Limited (PLL) has allowed PGPC to utilize 100 mmcfd excess capacity of the LNG terminal. PLL awards LNG contract at record high price of $30.6 per MMBtu Now, Economic Coordination Committee (ECC) is likely to stamp a deal between Pakistan LNG Limited (PLL) and PGPC to utilize the…
Ibn-e-Ameer Pakistan LNG Limited (PLL) has awarded an LNG contract at a record high price of US$30.6 per mmbtu for a window of November 26-27. It received a bid of over US29 per mmbtu for LNG imports. Two firms Gunvor and ENI had defaulted on LNG cargoes. Following this, PLL had floated a tender for…
Ibn-e-Ameer Islamabad: Sui Southern Gas Company (SSGC) Board has unanimously rejected Engro Elengy to a bigger FSRU Sequoia. September 3 was the last day for utilizing bigger FSRU. SSGC Board held its emergency meeting on Friday to decide whether it should use its first right of utilizing bigger FSRU or leave this option. However, the…
Ibn-e-Ameer Islamabad: Minister for Finance and Revenue has said that there is a dire need to stop the misuse of RLNG gas in industry. The government should not extend subsidies to those industries which are expanding their local market share on the basis of the relief, he said while considering a case of continuation of…
ISLAMABAD: ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced the provisional LNG price for the month of August. Previously, it had withdrawn the notification of LNG price in response to criticism for Pakistan State Oil’s (PSO’s) more expensive purchase of imported fuel at $20 per MMBtu. PSO stated in a Friday tweet that…
Aftab Ahmed Islamabad: An Inquiry Committee formed by the Cabinet Committee on Energy (CCoE) has sent 29 questions to the Ministry of Energy regarding the dry docking of the Engro LNG terminal at the port Qasim in Karachi that pushed the country into blackouts. Finance Minister Shaukat Tarin had raised the issue of dry docking…
Sui Northern Gas Company Limited (SNGPL) has raised LNG supplies in the power sector to 750 mmcfd in order to boost electricity generation. In a statement, the Ministry of Energy ruled out a lack of RLNG delivery to power plants and said that the Minister of Energy has issued directives to improve RLNG supply. According…
Aftab Ahmed Sui Southern Gas Company (SSGC) has hit back at Engro Corp CEO for concealing facts about its LNG terminal in Pakistan to shift its onus on the gas utility and alleged for misrepresenting the facts in the entire case. SSGC claims that Engro had failed to carry out the drydocking activity of LNG…
Aftab Ahmed Engro Elengy (EETL)’s new LNG terminal FSRU-Sequoia will start a partial supply of gas on Friday that is likely to normalize by July 5, 2021. Engro company has successfully completed the berthing of FSRU (floating regasification unit) Sequoia on June 30 as planned. The commissioning work is in progress and gas supplies from…
Aftab Ahmed The Ministry of Energy has blamed Engro for installing an old FSRU on a new terminal that has damaged due to shut down for seven days. A new controversy has surfaced as Engro had installed the old FSRU on the new terminal causing a shutdown for seven days now. Ministry of Energy in…