Petroleum Ministry to set LNG quota
During an Economic Coordination Committee meeting, the Ministry of Petroleum and Natural Resources was given the authority to set LNG quota for consumers like the power plants. The quota had been previously been set by the Cabinet Committee on Energy and the Economic Coordination Committee. The Cabinet Committee on... Read more
Energy crisis not to be resolved anytime soon
The major energy companies are operating without top management officers which is hindering progress to solve the energy crisis. OGDC, PSO, and Sui Northern Gas Pipeline don’t have managing directors which is becoming a problem to tackle the energy crisis says petroleum minister Shahid Abbasi. Due to various reasons,... Read more
New Power Projects announced by the Government
To deal with the ongoing energy crisis in Punjab, the government has planned to set up three LNG-fired power plants in Punjab and has approved two 2400 MW LNG fired power plants that will transmit electricity to the province. Furthermore, the Central Development Working Party (CDWP) presided by Ahsan... Read more
First Shipment of LNG From Qatar Arrives At Karachi Port Amongst Confusion And Secrecy
After months of negotiations shrouded in mystery and secrecy, the first shipment of 147,000 cubic feet of Liquefied Natural Gas (LNG) from Qatar arrived at the Karachi anchorage on Thursday in a Floating Storage Regasification Unit (FSRU). The FSRU, after going through clearance, is expected to dock at Engro... Read more