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Allocation of existing pipeline capacity

Allocation of existing pipeline capacity National By Khalid Mustafa ISLAMABAD: The move by the Maritime Affairs Division (MAD) for creating a monopoly of two private LNG terminals, which are not yet visible on the ground, on the existing pipeline capacity has got scuttled as a sub-committee on the issue, headed by Asad Umar, has clearly opposed the move, saying the concessions proposed to the original terms of the provisional LoI (Letter of Intent) and project guidelines are meant to favoring the two companies, Tabeer and Energas that could leave other players in the market high and dry. “The concessions granted by the Port Qasim Authority would benefit Energas and Tabeer and, therefore, it would dihonour the judgment of the Supreme Court, passed against the JJVL case,” unfolded the official documents, containing the analysis and conclusions of the seven-member subcommittee. The conclusions of the subcommittee would be presented in the next meeting of the Cabinet Committee o

Allocation of pipeline capacity: Move to create monopoly of two private LNG terminals gets scuttled

National February 4, 2021 ISLAMABAD: The move by the Maritime Affairs Division (MAD) for creating a monopoly of two private LNG terminals, which are not yet visible on the ground, on the existing pipeline capacity has got scuttled as a sub-committee on the issue, headed by Asad Umar, has clearly opposed the move, saying the concessions proposed to the original terms of the provisional LoI (Letter of Intent) and project guidelines are meant to favoring the two companies, Tabeer and Energas that could leave other players in the market high and dry. “The concessions granted by the Port Qasim Authority would benefit Energas and Tabeer and, therefore, it would dihonour the judgment of the Supreme Court, passed against the JJVL case,” unfolded the official documents, containing the analysis and conclusions of the seven-member subcommittee. The conclusions of the subcommittee would be presented in the next meeting of the Cabinet Committee on Energy (CCoE). The sub-committee, compris

Law minister questions mandate of probe body

Law minister questions mandate of probe body Govt had formed committee to register fish processing plants to improve exports ISLAMABAD: The law minister has raised question over the inspection committee constituted to register fish processing plants to boost exports of fisheries. The government had formed the inspection committee for the registration of fish processing plants in a bid to improve exports of fish and fishery products. The inspection committee comprised Marine Fisheries Department Karachi director general, Trade Development Authority of Pakistan (TDAP) Agro & Food Division director and Pakistan Fisheries Exporters Association chairman. The Maritime Affairs Division moved a summary to the cabinet in a meeting held last week, seeking approval for constitution of the inspection committee.

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