July 3, 2021
ISLAMABAD: Amid the gas crisis across the country, Pakistan Gas Solutions Limited (PGSL) has once again come up with its offer of fast track gas availability of up to 750 mmcfd in 10 months if the government gives a go ahead for initiating construction work on its second LNG terminal of$500 million at Port Qasim.
The second LNG terminal by the Pakistan Gas Port Limited (PGPL), in collaboration with Fauji Oil Terminal Distribution Company Ltd (FOTGO), will be established at Mazhar Point, Port Qasim.
“The project, upon commissioning, shall be saving around US$ 1 billion per annum in import substitution in comparison to furnace oil, create large employment and make affordable energy available to the industry which is their long-standing demand. And the project will be completed in 10 months from its start with no government guarantees and the entire funding is expected to be made from abroad and has been firmed up.” “The land has already been leased and rent is be
July 3, 2021
ISLAMABAD: Amid the gas crisis across the country, Pakistan Gas Solutions Limited (PGSL) has once again come up with its offer of fast track gas availability of up to 750 mmcfd in 10 months if the government gives a go ahead for initiating construction work on its second LNG terminal of$500 million at Port Qasim.
The second LNG terminal by the Pakistan Gas Port Limited (PGPL), in collaboration with Fauji Oil Terminal Distribution Company Ltd (FOTGO), will be established at Mazhar Point, Port Qasim.
“The project, upon commissioning, shall be saving around US$ 1 billion per annum in import substitution in comparison to furnace oil, create large employment and make affordable energy available to the industry which is their long-standing demand. And the project will be completed in 10 months from its start with no government guarantees and the entire funding is expected to be made from abroad and has been firmed up.”
National
February 16, 2021
ISLAMABAD: In a new development, one of the leading private players in the LNG sector, the PGPCL (Pakistan Gas Port Limited), has sought allocation of pipeline capacity for transmission of 150mmcfd of RLNG on a three-month rolling basis.
The PGPL has written a letter to OGRA, seeking the pipeline capacity allocation keeping in view the latest decision taken by the Cabinet Committee on Energy (CCOE) on February 4, 2021. The CCOE decided that in order to provide fair and level playing field to the new LNG terminal, the existing available capacity in the pipeline will be allocated to any applicant, meeting the requisite criteria for three-month rolling basis till such time the new terminals achieve commercial operations date (CoD). As per the letter to OGRA, the Pakistan GasPort Limited (PGPL), the owner of PGP Consortium Limited (PGPC), has placed the request seeking for the pipeline allocation capacity of 150mmcfd on a three-month rolling and on a take-o
National
February 16, 2021
ISLAMABAD: In a new development, one of the leading private players in the LNG sector, the PGPCL (Pakistan Gas Port Limited), has sought allocation of pipeline capacity for transmission of 150mmcfd of RLNG on a three-month rolling basis.
The PGPL has written a letter to OGRA, seeking the pipeline capacity allocation keeping in view the latest decision taken by the Cabinet Committee on Energy (CCOE) on February 4, 2021. The CCOE decided that in order to provide fair and level playing field to the new LNG terminal, the existing available capacity in the pipeline will be allocated to any applicant, meeting the requisite criteria for three-month rolling basis till such time the new terminals achieve commercial operations date (CoD).
Pakistan Gas Port Limited (PGPCL) has sought the allocation of pipeline capacity for the transmission of 150 mmcfd of Re-gasified Liquefied Natural Gas