CCoE Approves Allocation Of Pipeline Capacity to New LNG Terminals A meeting of the Cabinet Committee on Energy (CCOE) was held under the Chairmanship of the Federal Minister for Planning, Development and Special Initiatives Asad Umar here in Islamabad on Monday. The CCOE in its meeting approved the Report of the sub-committee constituted by the CCOE vide its decision dated 18th January 2021 regarding the allocation of pipeline capacity to new LNG Terminals, with an aim to encourage investment and provide a level playing field to the LNG terminals. The Power Division submitted the summary on Payment Mechanism and Agreement with Independent Power Producers (IPPs). The summary was based on the output of the implementation committee that was constituted to convert the MoUs with the IPPs into legally binding agreements.