LNG
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Govt to ease rules governing big contracts
Earlier, it had come in for criticism for violating rules in the award of contracts
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Govt intervention destabilises energy market
Experts say market should be free to determine petrol, gas prices
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North-South pipeline: Pakistan, Russia reach LNG price accord
Moscow will supply gas from Karachi to Lahore at 85 cents per mmbtu
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Bhikki plant starts generating electricity
The ministry said work on power plants and transmission lines is under way at good speed
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ECC forms price committee for LNG imports
Decides petroleum secretary will head the negotiating committee
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Pakistan in talks with Russian, Malaysian LNG suppliers
Ministry seeks ECC’s nod to work on prices, award contracts to these companies
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Govt to sell off Haveli Bahadur Shah power plant
Cabinet energy committee takes decision to privatise the plant in first phase
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ICST chief concerned over Rs12b LNG sector circular debt
Despite assurances given to IMF govt fails to take meaningful steps to resolve problem
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SNGPL returns to profit after 3 years in the red
Gas theft, leakages drop from 11.13% in July 2015 to 9.14% in June 2016
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LNG terminal: Sub-committee on climate change seeks report
Discussion held after ‘calling attention’ notice on risk to Bundle Island
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Pakistan to offer two more LNG tenders in October
Each of which will bring 750,000 tons of LNG per year
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Balloki Plant to be completed by Jan 2018
SNGPL laying pipeline to supply gas, 386.5MW to be added by Aug 2017
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Shell assessing possibility of supplying LNG to Pakistan
Also plans to open 15 additional outlets nationwide this year
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Pakistan wins case against LPG terminal operator in London
Terminal company had claimed $573m in damages from the government
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IP gas pipeline the most viable project, says former finance minister
Former finance minister tells IRNA project offers very attractive gas price
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Flood warning system, LNG terminal under scanner
Senate’s Standing Committee urged to release funds to upgrade early warning system
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Seeing winter demand, govt plans fresh LNG tenders
Decides to import another 200 mmcfd, at present it is receiving 500 mmcfd
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SSGC wants OGRA to allow increase in gas price
Says consumers of RLNG will bear burden
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Corporate results: PSO’s profit soars 48% to Rs10.27b
Increase due to growth in sales volume, fall in operating and finance cost
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Pakistani gas company set to emerge as key player on world energy map
TAPI pipeline to help meet Pakistan’s energy security plan, its financial close to be achieved by year-end
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North-South pipeline: Russia seeks to charge $1.25 per unit for LNG transport
Special purpose vehicle could be set up for laying the pipeline
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PSO receives 42 vessels of LNG in 17 months
Company has imported 133,307,087 mmbtu LNG since March 2015
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Punjab power plants: Centre, Sindh govt exchange allegations over use of LNG
Sindh says power plants in Punjab are constructed on illegally swapped gas
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PM directs timely completion of power projects
Premier will perform onsite visits of all ongoing projects
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CNG stations in Sindh will set their own prices from Aug 6
Filling stations will also sell gas in litres instead of kilogrammes
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LNG supply: IPPs will have to pay mark-up for delay in payments
ECC decided that the mark-up will be KIBOR plus 2%
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Power production up 60% on LNG import, cheaper oil
However, this has not brought any respite from load-shedding
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Govt plans to privatise LNG-based power plants
The plants have a cumulative production capacity of 3,600MW
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Gas consumers likely to bear higher mark-up cost as Pakistan attempts to execute Gwadar LNG pipeline
Chinese company will provide 85% of financing for the project
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20-year LNG supply deal struck with Qatargas
Global Energy will build terminal, receive 1.3m tons of LNG per annum
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LNG-based power plants: Government flouts least cost generation policy
ECC approves implementation plan that will require plants to run round the clock irrespective of the cost
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SSGC asked to utilise idle capacity of LNG terminal
ETPL is currently handling 400 mmcfd against capacity of 600 mmcfd
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Comeback: With LNG import, CNG sector hopes for revival
Stations that closed down are expected to reopen soon
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ECC puts off decision on award of LNG terminal contract
Petroleum ministry had sought approval to overcome energy shortages
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China’s nomination of Sinopec for LNG deal with Pakistan worries officials
Energy firm is facing corruption probe, Pakistan says it could be an issue.
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Atlas group to invest $220 million in RLNG plant
Signs agreements for setting up 220MW power plant near Sheikhupura
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Energy regulator: OGRA issues 71 LNG licences
Rs2.38 billion investment had so far poured into the LPG supply infrastructure
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Engro Corp plans another LNG terminal
Company’s move signals intent of expansion in energy sector
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Letter of intent issued for second LNG terminal
Govt negotiating with Italy’s Eni for import of 0.75m tons of LNG.
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Investors unwilling to finance IP pipeline: Abbasi
Pakistan could not build pipeline as it still faces threat of sanctions
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Chinese offer to finance whole $2b LNG project
Rs184b collected by govt to finance such schemes was spent on other projects
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Gwadar-Nawabshah pipeline, LNG terminals: All projects will be completed on time, says official
Govt says the 700-km Gwadar-Nawabshah gas pipeline and LNG terminal projects to be completed by Dec 2017
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Importing LNG: CNG association, SNGPL finalise modalities
APCNGA looking forward to becoming competitive again
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With imported lng: Traders demand lower gas tariffs
He said that despite brokering a deal to purchase gas at 13.37% of Brent, gas utilities are charging higher rates
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Australia offers LNG supply to cope with energy shortages
Will assist Pakistan in sectors including agriculture development, energy, exploration of natural resources and IT
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Govt will bring PIA at par with Qatar Airways, says PM Nawaz
Premier's statement comes a day after scoring a victory against the unions of PIA
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Sindh objects to LNG-based power plants in Punjab
Sindh govt asks regulator not to give approval without Council of Common Interests' consent
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Affordable LNG: PM to ink pact during Qatar visit tomorrow
The government is pursuing import of LNG to minimise the supply gap and meet energy needs
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US completes technical assistance programme
Highlights support for LNG purchase, reforms and governance
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LNG terminal contract: Abbasi rules out embezzlement, instead claims savings
Says ETPL submitted a commercially competitive bid for the project