Aftab Ahmed Sui Northern Gas Pipeline Limited (SNGPL) announces to disconnect the gas supply to LNG-based fertilizer plants, cement, CNG, and nonexport industries from June 29 due to dry-docking. The gas load management plan will be applicable from June 29 to July 5, 2021. It is to inform you that regasification from EETPL (Terminal-1) will…
Shaukat Tarin says someone is trying to fix the PTI government. Aftab Ahmed Sui Southern Gas Company Limited (SSGC) has approached the Engro LNG firm to delay the dry docking of the floating terminal (FSRU) till August 2021 to avoid a looming energy crisis. The SSGC had written a letter to Engro firm, following energy…
Aftab Ahmed Islamabad: Federal Government is likely to initiate a legal battle against Sindh regarding general sales tax (GST) on cess collected on LNG. Sources told Newztodays.com that the Cabinet had directed the Ministry of Maritime Affairs to examine the case regarding the Imposition of GST on CDC by the Government of Sindh. Ministry of…
Islamabad: The price of CNG is set to go up to Rs 9 per liter following the imposition of imposing an additional tax on LNG in the budget. The government has proposed an increase in general sales tax (GST) 12 to 17 percent on RLNG. The All Pakistan CNG Association (APCNGA) on Thursday said the…
Aftab Ahmed Islamabad: The use of Liquefied Natural Gas (LNG) in the system has pushed the Sui Northern Gas Pipeline Limited (SNGPL), Pakistan LNG Limited (PLL), and Pakistan State Oil (PSO) into the trap of Rs 358 billion circular debt. Sources told Newztodays.com that SNGPL received Rs 191 billion from different clients, including power, industry,…
Aftab Ahmed Islamabad: The Oil & Gas Regulatory Authority (OGRA) has awarded a ‘gas-marketing license’ to Shell Energy Pakistan (Pvt) Limited. Shell Energy Pakistan (Pvt) Limited has been incorporated with the aim of carrying out downstream gas marketing activities in Pakistan. It aims to aggregate demand from customers and secure competitive international supply to meet…
Abn-e-Ameer Islamabad: Saudi Arabia is likely to set up an onshore LNG terminal in Pakistan to export gas in a bid to capture the market. Pakistan has two offshore LNG gas terminals. So, Saudi Arabia will be the first country to build an onshore terminal in Pakistan with an objective to export gas to Pakistan. At…
Aftab Ahmed Islamabad: The Elengy Terminal Pakistan Limited (ETPL), a joint venture between, Vopak LNG Holding B.V. and Engro Corporation (“Shareholders”) intends to design, build, own and operate a multi-functional onshore Liquefied Natural Gas (LNG) storage and regasification terminal at Port Qasim, Karachi, Pakistan, Pakistan Onshore LNG (“Project”). In this regard, the Project has invited…
Aftab Ahmed Following a decision of the London Court of International Arbitration (LCIA), the LNG import by the private sector through third-party access is in jeopardy. Sources told Newztodays.com that two separate arbitrations were filed in the London Court of International Arbitration (LCIA). One related to Liquidated Damages and the second was regarding the termination…
Aftab Ahmed Islamabad: Cabinet Committee on Energy (CCOE) is set to consider two options for taking over assets of the second LNG Terminal owned by PGPC. The Lahore-based business tycoon Iqbal. Z Ahmed is a major shareholder of the second LNG terminal. Petroleum Division in a summary moved to Cabinet Committee on Energy (CCOE) scheduled…