Gas companies are reported to have opposed pipeline capacity on grounds that new terminals would take away their existing customers instead of securing LNG supply contracts with fresh consumers. Reuters/File
ISLAMABAD: The government has called a series of back-to-back meetings to facilitate allocation of pipeline capacity and tie-in points to new upcoming liquefied natural gas (LNG) terminals.
The issue would be first taken up at the meeting of the Cabinet Committee on Energy (CCoE) on Thursday. To be presided over by Minister for Planning and Development Asad Umar, the CCoE would be given an update by the Ministry of Maritime Affairs (MOMA) on the progress of establishment of new LNG terminals.
Top Story
May 16, 2021
ISLAMABAD: The new prices of petroleum products will be determined on May 17 (today), as opposed to the regular mid-month date (the 15th), a spokesperson for the
Oil and Gas Regulatory Authority (Ogra) said on Saturday.
The spokesperson said that due to the May 8-16 curbs and Eid holidays, it was decided that the new prices will be decided on Monday, May 17.
The prices of petroleum products, will therefore, continue as previously notified, till May 17.
In a bid to give relief to the masses in the holy month of Ramadan, Prime Minister Imran Khan decided not to increase the price of petroleum products, a statement issued by the Ministry of Finance had said on April 30.
Top Story
May 16, 2021
ISLAMABAD: The new prices of petroleum products will be determined on May 17 (Monday), as opposed to the regular mid-month date (the 15th), a spokesperson for the Oil and Gas Regulatory Authority (Ogra) said on Saturday.
The spokesperson said that due to the May 8-16 curbs and Eid holidays, it was decided that the new prices will be decided on Monday, May 17. The prices of petroleum products, will therefore, continue as previously notified, till May 17. In a bid to give relief to the masses in the holy month of Ramadan, Prime Minister Imran Khan decided not to increase the price of petroleum products, a statement issued by the Ministry of Finance had said on April 30.
LPG sector demands say in new policy
Association laments policy drafted in haste, not shared with marketing firms
According to officials, comprehensive site surveys have been conducted to select potential points for the establishment of air-mix plants. PHOTO: FILE
LAHORE:
Stakeholders of the liquefied petroleum gas (LPG) sector have requested the Oil and Gas Regulatory Authority (Ogra) to take them on board while finalising the LPG Policy 2021.
In a letter written to the Ogra chairman on Friday, Pakistan LPG Marketers Association (PLPGMA) Chairman Farooq Iftikhar said that the Ministry of Energy had drafted the LPG policy in haste and it was not shared with any LPG marketing company for feedback or comments.
LPG sector seeks probe into imports
Calls for setting up commission to investigate windfall gains made by importers
The local industry suggested two options to resolve the price disparity and provide a level playing field. PHOTO: FILE
ISLAMABAD:
The local liquefied petroleum gas (LPG) industry has called for formation of an inquiry commission to probe the windfall gains reaped by LPG importers, which have caused losses worth billions of rupees to the local industry and the national exchequer due to disparity in taxes.
The industry has also urged the prime minister to take notice of the situation and form a commission, like in the case of oil crisis, to investigate the gains made by the LPG importers.