MoE blames Engro for installing old FSRU

    By NewzTodays Editorial Team | June 29, 2021

    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…

    SNGPL disconnects gas to CNG, Cement, Fertilizer

    By NewzTodays Editorial Team | June 28, 2021

    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…

    SSGC asks Engro to delay FSRU dry docking until August

    By NewzTodays Editorial Team | June 25, 2021

    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…

    Govt may initiate legal battle against Sindh

    By NewzTodays Editorial Team | June 19, 2021

    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…

    Tax in budget: CNG Price to go up to Rs 9 per liter

    By NewzTodays Editorial Team | June 17, 2021

    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…

    LNG pushes SNGPL, PSO, PLL into Rs 358b debt trap

    By NewzTodays Editorial Team | June 14, 2021

    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,…

    Shell receives gas marketing license

    By NewzTodays Editorial Team | May 31, 2021

    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…

    Saudi Arabia to build LNG terminal in Pakistan

    By NewzTodays Editorial Team | April 29, 2021

    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…

    ETPL to set up first onshore LNG terminal

    By NewzTodays Editorial Team | June 24, 2020

    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…

    LNG import by private sector is in jeopardy?

    By NewzTodays Editorial Team | June 18, 2020

    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…