The fragility of the liquefied natural gas(LNG) value chain was exposed last week that sent shock waves in the power corridors. The fault lines whilst hidden acted like sleeper cells and the first strike made the decision-makers lose their sleep. The end consumers suffered the most in killing hot summer amid the return of the countrywide power cuts of various scales and durations.
Any lesson: how weak and frail is the value chain. The fault lines were well known but small jolts in the form of a dry dock created a crisis which should now initiate a serious re-think in the decision-making circle what leverage do they have when the value chain is in the hands of a few? Better late than never but they need to identify the perils ahead and measures necessary for a flourishing, stable gas market.
Normal gas supply, pressure being restored to all sectors today: Hammad Azhar
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Hammad Azhar announces restoration of normal gas supply to all sectors
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