Sindh CNG stations to close for 57 hours during repairs samaa.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from samaa.tv Daily Mail and Mail on Sunday newspapers.
The people of the country, and the commercial sector – notably in Sindh – are already facing a crisis as far as electricity goes. In some parts of Karachi loadshedding of up to 7 to 10.
EETL’s expansion plan hits snag
Business
May 20, 2021
LAHORE: Engro Elengy Terminal Private Limited (EETL) could not expand its re-gasified liquified natural gas (RLNG) capacity due to red-tapism, while the approvals are awaiting clearance from National Accountability Bureau (NAB), The News learnt on Wednesday.
Sources said Sui Southern Gas Company (SSGC) is not giving necessary approvals on account of unsubstantiated excuses, like violation of procurement rules and NAB inquiries. “Neither EETL nor its partner is implicated in any NAB inquiry. Misinformation of this degree is propagated only to halt progress and, instead, protect the existing monopolistic structure of today’s gas market,” a company official said, requesting anonymity.
May grant approval to two firms for sale and marketing of LNG
Government may overcome gas crisis but mismanagement in LNG imports will trigger another debt crisis in coming months. PHOTO: FILE
ISLAMABAD:
The Oil and Gas Regulatory Authority (Ogra) is set to conduct a public hearing on Thursday for the grant of licences for sale and marketing of liquefied natural gas (LNG) to two companies.
Subsidiaries of Energas and Tabeer Energy have submitted applications, seeking licence for sale and marketing of LNG.
However, different quarters have raised questions and said the licences, if allowed, will be like oil marketing companies’ licences without having storages. At present, these companies do not have storages as they are under the process of constructing LNG terminals. The storage is a mandatory requirement for companies seeking licence for sale and marketing of LNG.