The government is likely to sublet unutilised and surplus capacity at existing Liquefied Natural Gas terminals. Reuters/File
ISLAMABAD: The government is likely to sublet unutilised and surplus capacity at existing Liquefied Natural Gas terminals to cut LNG tariff and restrict their further expansion to give a clear signal to private parties for investments in commercial terminals.
An inter-ministerial committee, led by Planning Commission’s deputy chairman Dr Jahanzeb Khan and also comprising secretaries of finance, petroleum and maritime affairs, appointed by the federal cabinet, arrived at this conclusion though it linked a final decision on the quantity of surplus or excess capacity and its viability to a technical study by an international consultant.