LNG
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Judge orders Biden administration to resume permits for gas exports
Judge stated US Dept of Energy's freeze on approvals of LNG exports was "completely without reason"
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Pakistan unlikely to purchase spot LNG this summer despite intense heat
Petroleum Minister Musadik Malik says Pakistan will not buy spot LNG until November due to oversupply and high prices
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Govt to add storage facilities to Gas Stream project
Several changes in project’s structure have delayed its implementation
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Pakistani conglomerate Engro looks to go global, its main investor says
Expansion plans include looking at telecoms infrastructure in Middle East, North Africa, and Central Asia
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NAB withdraws LNG reference against Abbasi
Former MD PSO petitions NAB, argues in court that this is a politically motivated case unrelated to corruption
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E&P firms seek Rs75b tariff subsidy
Argue preference being given to LNG imports over ramping up local production
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Energy supply chain under threat
PSO seeks payment of outstanding dues of Rs550 billion for LNG supply
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Gas crisis looms as $1bn diverted to domestic sector
Expensive RLNG to be diverted to the domestic sector in a bid to alleviate the gas crisis
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LNG prices raised up to 2.6% for March
SNGPL price has been raised by 2.58% per mmBtu on a month-on-month basis for the end-consumers on its network
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Gas becomes a rarity in Ramazan
Residents of all major cities have to rely on exorbitantly priced LPG cylinders given the load shedding
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European firms oppose LNG permit extension
Believe Venture Global LNG has completed plant but has failed to provide cargoes
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POL imports decline 12.06%
Offset by increase in LNG, LPG import
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‘50% increase in global LNG demand by 2040’
Global trade in LNG reached 404 million tonnes in 2023, up from 397 million tonnes in 2022
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SSGC eyes substitution plan amid depleting reserves
Explores closed wells and tight gas amid LNG affordability concerns
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Pakistan procures 2nd LNG cargo from Azerbaijan
It will arrive in February to meet country’s growing energy needs
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More LNG import advocated
Senate panel urges ministry to reach out to global firms for investment
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China slams sanctions on Russia’s LNG project
Says no third party should restrict economic cooperation
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Govt to recover Rs232b for LNG
Gives fertiliser plants LNG worth Rs15b to be recovered from consumers
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LNG imports set to hit 18-month high
With sharp price fall, Pakistan buys spot cargoes for first time in one year
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PSO receivables surge past Rs800 billion
Of total amount, Rs519b is to be received for LNG supplies
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Abbasi says will not contest polls
Hearing of LNG reference against ex-PM, others adjourned till February 13, 2024
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‘Non-stop winter flow of gas to fertiliser sector’
Minister says govt ordered two LNG cargoes for December, one for January
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$500m secured for LNG projects
Deal with Chinese, UAE firms signals independence from govt guarantees
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PSO keen on OGDCL, Mari Petroleum shares
Makes move to tackle risk of mounting debt crisis, default
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Caretakers bet on LNG to tackle winter gas crisis
Decision to provide expensive LNG to avert gas crisis
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Sindh, K-P to pay more for gas
Export industries of Punjab will get cheaper blend of local gas and LNG
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Privatisation of LNG plants, DISCOs put on fast track
Power Division asked to step up efforts to remove bottlenecks
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Domestic users should expect gas tariff hike
Interim energy minister says companies working on finding reserves left country
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Power tariffs raised under IMF deal: PM
Shehbaz says 63% consumers to stay unaffected by move
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Pakistan turns to Azerbaijan for LNG
Import to start next month as Shehbaz, Ilham agree to enhance ties
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ECC okays LNG import agreement
Gas purchase from Azerbaijan will help bridge energy shortages
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OGRA opens up LNG market
Sets transportation tariff for liquefied natural gas shippers
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Bills of residential LNG consumers swell to Rs200b
In absence of legal framework, gas utilities fail to make recoveries
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Gas shortage exposes economies to more pain
Retail sector urges govt to relax 8:30pm shutdown orders during Ramazan
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Govt considers reviving Pakistan-Russia gas pipeline project
Contemplates shifting its ‘starting point’ from Karachi to Gwadar
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Russia ready to resume gas supplies to Europe
Aims to send gas to Pakistan, Afghanistan
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LNG supply disruption feared
PSO facing shortfall of billions of rupees in winter gas purchases
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Germany to get new Qatari LNG flows
Long-term agreement will provide two million tonnes LNG annually to Germany
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Lack of planning harms LNG supply chain
It led to circular debt of billions that trapped state-run utilities
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Minister seeks firms’ input on energy deals with Russia
Refineries in Pakistan have expressed their willingness to produce petroleum products from Russian crude oil
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SSGC seeks tariff increase of Rs667 per mmbtu
Public gas utility projects revenue shortfall of Rs184.88 billion
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Qatar signs 27-year LNG deal with China
It includes six LNG trains to ramp up Qatar’s liquefaction capacity to 126 million tonnes per year by 2027
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LNG imports at high prices cause Rs10b loss
Auditors find mismanagement in purchase of spot LNG cargoes
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IHC to hear plea against Abbasi's indictment on 31st
Petitioner has requested court to direct accountability court to amend the indictment of the former prime minister
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Pakistan in talks with Russia over import of LNG supplies
Pakistan's ambassador to Moscow says countries in talks, pipeline gas supplies could solve country's energy shortage
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Gas crisis lands LNG cargo market in hands of energy giants
This grip is not expected to ease until 2026 when more LNG starts to materialise and lower prices
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Pakistan to seek deferred payments for Qatari LNG
Miftah says government is also speaking to Doha about a new five-or 10-year LNG supply deal for three monthly cargos
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Hike in gas rates echoes in NA
State minister tells lower house can’t give ‘false hope’ to people
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Going green: Punjab kilns try trading off firewood for LPG
The switch is regarded as a pro-environment move that will also be more cost-effective for the brick industry
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PM directs fast-track licence issuance for domestic gas exploration
Imran orders unhindered installation of new LNG terminals in the country