EETPL’s plan to increase capacity to regasify LNG in jeopardy
National
May 10, 2021
ISLAMABAD: The business plan of Engro Elengy Terminal Private Limited (EETPL) to increase its capacity to regasify LNG is in jeopardy as SSGC has opposed it on account of host of reasons, including the NAB’s investigation into the ‘illegal award of contract’ of the LNG terminal-1 to EETPL.
Unless and until the NAB clears EETPL from its investigation on illegal award of contract of LNG Terminal-1, it cannot be allowed to implement its business plan to increase its capacity to regasify LNG and market the additional capacity to interested private parties under the Third Party Access PTA provision.
Plan to increase capacity to regasify LNG in jeopardy
Top Story
May 10, 2021
ISLAMABAD: The business plan of Engro Elengy Terminal Private Limited (EETPL) to increase its capacity to regasify LNG is in jeopardy as SSGC has opposed it on account of host of reasons, including the NAB’s investigation into the ‘illegal award of contract’ of the LNG terminal-1 to EETPL.
Unless and until the NAB clears EETPL from its investigation on illegal award of contract of LNG Terminal-1, it cannot be allowed to implement its business plan to increase its capacity to regasify LNG and market the additional capacity to interested private parties under the Third Party Access PTA provision.