PESHAWAR: Issuing a stay order, the Peshawar High Court has temporarily stopped the Sui Northern Gas Pipelines Limited (SNGPL) from disconnecting gas supply to six major textile mills in Khyber Pakhtunkhwa over their petition against a government’s decision about the suspension of gas supply to them over its use for power generation.
A bench consisting of Justice Ishtiaq Ibrahim and Justice Syed N Attique Shah sought comments within a fortnight from the federal energy and cabinet secretaries on the petition of the Saif Textile Mills and five others against a ‘memorandum reference’ issued by the SNGPL for disconnecting natural gas supply to captive power plants (CPPs).
SNGPL to spend Rs9 bn on transmission network s reinforcement in KP dunyanews.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dunyanews.tv Daily Mail and Mail on Sunday newspapers.
Govt to reduce IPPs’ gas tariff by 35%
The plan will result in putting burden on consumers
PHOTO: REUTERS
ISLAMABAD:
The federal government is all set to reduce gas tariff up to 35 per cent for the independent power producers (IPPs) operating on low quality gas in a bid to rank these plants in high merit order.
This plan will result in putting burden on the consumers to cross-subsidize the gas for power plants and the rate of federal excise duty may also go up.
According to the current formula, the government prioritizes the operation of those power plants which operate on cheaper fuel – dedicated gas which is low quality and cannot be transported to domestic consumers. Power plants and fertilizer sectors use this gas.
PLL seeks higher LNG margins
Govt ends monopoly of state-run firms in LNG market by opening it to private sector
Market players urged government to reduce margins on LNG imports as a result of merger of PLL and PLTL. PHOTO: REU-TERS
ISLAMABAD:
At a time when the government is looking to end monopoly of state-run companies in the liquefied natural gas (LNG) market by allowing private sector to import LNG, Pakistan LNG Limited (PLL) has come up with a proposal for increase in its margins - a move which will put more burden on consumers.
PLL is importing two contract cargoes of LNG every month. At the same time, it is importing a few spot cargoes, forcing consumers to utilise gas at higher prices.