LNG

Cites fiscal constraints being faced by govt, IMF loan terms

Trafigura will import LNG and sell to CNG station operators

Petroleum minister confirms the terminals will be operational within two to three years

As part of agreement, ExxonMobil of US will make investment in Pakistan

Companies reach milestone of the world’s fastest 250 ship-to-ship transfers of LNG

Privatisation Commission suggests either privatise power plants as one unit or sell them separately

Two global LNG suppliers stay away from bid to procure 200mmcfd

Power producers refuse to lift imported gas due to economic merit order

Will also inject $950m into polypropylene plant, coastal refinery

NAB was conducting probe into Adnan Gilani’s appointment

Senate panel calls for launching criminal proceedings against them

Only four companies submitted bids for supply of 240 cargoes over 10 years

NAB team visits Petroleum Division, takes away record of PLL CEO hiring

NAB also gets 11-day physical remand of former PSO MD Sheikh Imranul Haq

NAB also arrest former PSO MD Sheikh Imranul Haque

During the hearing judge asked former prime minister to choose counsel who would defend him in the case

Terminal operator Engro insists it will earn only $150m over 15 years

Overall power generation rises 1.6% to 122,706GWh in FY19

Govt likely to allocate second LNG terminal’s spare capacity to market players

SNGPL warns power division that because of additional gas, pipelines could burst

The Petroleum Division of the Ministry of Energy is working on a strategy to add around 400 million cubic feet per day

Company plans to import LNG, asks suppliers to submit EOIs

Tender for 240 cargoes over 10 years is likely to be worth $5-6 billion

Miftah Ismail, ex-PSO MD Haq granted pre-arrest bail till seven days against surety of Rs500,000 each

New floating storage unit will have higher LNG handling capacity

PML-N leaders nabbed in LNG case

Drops plan of giving terminal-building contract to a firm under urgency clause

ECC gave directives to special committee for implementing relevant proposals

Bids filed in response to tender floated for 5 cargoes

It comes mainly due to setting up of new CPEC power plants

It is time to resist restrictive practices in order to reduce costs, risks for buyers

Is vying with Saudi Arabia for gas supply, offers to export 400 mmcfd

Facility will be utilised by PSO, PARCO and Pakistan LNG Limited; ease pressure on foreign currency reserves

Company does not currently produce LNG and any such sale would be first of its kind

Pakistan’s spot LNG purchase has not been profitable as prices remain high at 15-16% of Brent crude

RLNG price for SNGPL consumers will be $10.5758 per mmbtu and for SSGC consumers it will be $10.5246 per mmbtu

Court issued notices to govt, finance ministry, OGRA, seeks response by April 24

Petitioner argues the increase in prices is in violation of the Constitution

Delay caused by previous government’s move to scrap bidding allegedly in favour of one company

Ministry of Maritime Affairs wanted to shift terminals due to congestion at Port Qasim

Economic Coordination Committee extends deadline for preparing revival plan for PSM

Country needs one more gas terminal in view of growing demand

ECC likely to approve additional import of 200 mmcfd from Qatar

Focus on manufacturing LPG cylinders and car batteries

Delegation leaves for Doha to talk additional supply of 200mmcfd

Global LNG supply poised to rise 35 million tonnes this year

Project with 1,263MW capacity is being set up in Jhang district

It may cause urea shortage, create black market of this essential commodity

Four-member joint investigation team interrogates Abbasi former premier for two hours

Agreement may be inked during Malaysian premier’s visit to Pakistan next month