While forming a task force for swift implementation of Liquefied Natural Gas (LNG) imports, Petroleum Minister Dr. Asim Hussain on Tuesday assured that a level playing field will be provided to all…
Sui Southern Gas Company (SSGC) has received strong interest from local and international players in response to its recent invitation for the import of Liquefied Natural Gas (LNG) under Third Party Access,…
ISLAMABAD – The government has scrapped the Mashal project and initiated a new effort for expeditious Liquefied Natural Gas (LNG) imports through a deep sea off shore terminal. Sui Southern Gas Company Limited (SSGC) Managing Director Faiz Ullah Abbasi told reporters here the project was reinitiated according to the decision of the Economic Coordination Committee of the Cabinet (ECC). The new initiative has no link with the Mashal project. The off shore project will cost an estimated
ISLAMABAD – The government has directed the Sui Southern Gas Company Limited (SSGC) to complete the tendering process for Liquefied Natural Gas (LNG) imports by June 30 this year so that the actual supplies could start from March 2013. An official source at the Ministry of Petroleum said the instructions had been given to the SSGC considering the fact that the consumption was growing at a rate of seven percent per annum. “If steps for timely imports are not taken, the energy crisis
LAHORE – To overcome the growing natural gas shortages, Punjab Board of Investment and Trade (PBIT) has been coordinating efforts of importing Liquefied Natural Gas (LNG) for large industrial consumers. A meeting was held under the chairmanship of PBIT Chief Executive Officer Saadat Muzafar here on Wednesday, which was attended by industrialist and business leaders.
International delegates of LNG companies were also present in the meeting. In the meeting, an overview of the
ISLAMABAD – LNG Floating Terminal, at Port Qasim, could start functioning if the Ministry of Petroleum and Natural Resources assures uninterrupted supply of Liquefied Natural Gas (LNG), the Senate’s Standing Committee on Ports and Shipping was told on Saturday. “We are ready and it is up to the Ministry of Petroleum and Natural Resources to assure supply of LNG,” Port Qasim Authority (PQA) Chairman Vice Admiral Muhammad Shafi told the committee.
Ministry of Ports and Shipping
ISLAMABAD – The Ministry of Petroleum has issued No Objection Certificate to the Sui Southern Gas Company Limited (SSGCL) to restart the bidding process for the import of Liquefied Natural Gas (LNG) and the establishment of an LNG terminal. An official source at the Ministry of Petroleum informed that the company would invite fresh bids for the supply of up to 3.5 million tonnes per annum of the LNG within the next two weeks.
He stressed that the government wants to complete the
ISLAMABAD – Deferring the decision on the import of reconditioned vehicles, the Economic Coordination Committee of the cabinet (ECC) on Tuesday directed the Ministry of Petroleum to re-invite tenders for the short-term import of 2.75 million tons of the Liquefied Natural Gas (LNG) and also in principle decided to allow import of urea.
An official source said that the decision was made after the Ministry of Law again refused to approve the tender finalized by the Ministry of
ISLAMABAD – The government has decided to settle the issue of Liquefied Natural Gas (LNG) imports within the current month, Pakistan Today has learnt.
If the present proposal of awarding tender to the already selected bidder for short term supplies was not approved, a fresh bidding process would be initiated immediately, official sources told the paper.
It has been decided that if the Economic Coordination Committee of the cabinet failed to evolve a consensus on the
ISLAMABAD: Delay in the resolution of legal issues arising from public sector imports have forced the government to fast track imports of Liquefied Natural Gas (LNG) through the private sector, to meet the rising power demand by the industrial sector in the country.
According to official sources, the government has decided that the private sector will be granted permission to import LNG up to the upper limit of one billion cubic feet per day (BCFD).
However the government