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PAKISTAN has clinched a good deal for the long-term supply of LNG from Qatar. Under the new contract, Qatar will provide an additional 200mmcfd at around 10.2pc of Brent for 10 years starting next year. The expected reduction in port charges by Doha would further push down the price to 10.13pc of Brent. The government says the new bargain entails the lowest-ever publicly disclosed price under a long-term contract in the world, which is 31pc less than the 15-year contract signed by the previous administration. This is almost the same price at which Qatar is supplying LNG to China. The new pri...

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...

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...

Pakistan Gas Port Limited (PGPCL) has sought the allocation of pipeline capacity for the transmission of 150 mmcfd of Re-gasified Liquefied Natural Gas