OGRA jacks up RLNG prices
There is a $0.8883-per-mmbtu increase in the sale price of imported RLNG
APP
February 05, 2021
The power regulator approved the generation tariff for National Power Park Management Company (Private) Limited for its 1,198.555 MW (net) Power Project on RLNG/HSD at Balloki for combined cycle and simple cycle operation. PHOTO: FILE
ISLAMABAD:
The Oil and Gas Regulatory Authority (Ogra) on Thursday revised prices of re-gasified liquefied natural gas (RLNG) on networks of Sui Southern Gas Company (SSGC) and Sui Northern Gas Pipelines Limited (SNGPL) for the ongoing month of February. According to a notification issued by the authority, there is a $0.8883-per-mmbtu increase in the sale price of imported RLNG on the SSGC system for February as compared to January. The new RLNG price for the SSGC system has been fixed at $9.3570 per mmbtu, which was $8.4687 last month. Similarly, there is a $0.8875-per-mmbtu surge in the sale price of imported RLNG on the SNG
Private firms setting up LNG terminals seek waivers
Have sought guarantees and exemption from regulatory approvals
PHOTO: AFP
ISLAMABAD:
As the private sector is engaged in setting up liquefied natural gas (LNG) terminals, it has sought guarantees and waivers from some obligations and regulatory approvals.
Interestingly, the existing LNG terminals have plans to replace the Floating Storage and Regasification Unit (FSRU) without financial risk for the government but the maritime affairs minister opposes the plan.
The government has allowed five parties in the private sector to set up more LNG terminals. However, it has made it clear that it will not bear any financial risk, which it faces in the case of existing terminals.
Cabinet to mull new gas connections
May give priority to requests for politically motivated schemes
As per the government’s policy and in view of socioeconomic developments, the gas development schemes are initiated for supplies to economically backward areas. PHOTO: FILE
ISLAMABAD:
With nearly 2.8 million gas connections pending on the network of Sui Northern Gas Pipelines Limited (SNGPL), the cabinet is likely to give priority to gas connection requests for politically motivated schemes.
Already facing a gas crisis, SNGPL had to divert expensive liquefied natural gas (LNG) to domestic consumers in winter in the wake of government directives to overcome the shortage. Now, the gas utility is paying the price as it has to recover Rs78 billion for the LNG it diverted in the past two winter seasons.
Supply of electricity, gas to be ensured
Islamabad
January 31, 2021
Islamabad : Federal Minister for Energy Omar Ayub has said that 500 KVA grid station and 40 million metric cubic feet of gas will be provided for immediate supply of electricity in Allama Iqbal Industrial City, the preferred special economic zone of Faisalabad Industrial Estate Development & Management Company (FIEDMC) under China Pakistan Economic Corridor (CEPC), says a press release.
Funds would be provided on an emergency basis for the project. He was talking to Chairman FIEDMC, Mian Kashif Ashfaq. On the occasion, he also assured to provide additional 15 million metric cubic feet of gas for M3 Industrial Estate.
PESHAWAR: The Sui Northern Gas Pipelines Limited has upgraded its network by laying a 12-diameter transmission line measuring 104 kilometre from Mardan to Swat to overcome the problem of low gas.