Page 38 - Regasification Unit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

LNG terminals: open market pipedream Though investors are ready, there is uncertainty about customers and allied infrastructure ISLAMABAD: Yet again power load-shedding and gas shortage in the country. This time it is due to drydocking of Engro’s liquefied natural gas (LNG) terminal. Sceptics argue that better planning and coordination and timely decisions could have prevented or at least eased the problem. Engro will be able to replace its Floating Storage and Regasification Unit (FSRU) by a larger unit of the capacity of 173,400 M3 (960 million cubic feet per day – mmcfd). It may be not...

Without power July 3, 2021 According to Federal Minister for Energy Hammad Azhar, the current electric loadshedding is because of two major reasons: delay in dry docking and low water outflow from Tarbela Dam. It is, however, safe to assume that the delay in dry docking of LNG-based Floating Storage and Regasification Unit (FSRU) is gross mismanagement on the part of the relevant ministry. This process could have been easily done during the period when gas demand is low. June proved to be the hottest month for the country when the temperature rose to 47 degrees Celsius in different parts of...

Qatar LNG supply in limbo as govt drags feet on dry dock July 2, 2021 LAHORE: An indecisive Federal Ministry of Energy dragged its feet on carrying out dry docking of most efficiently run Liquefied Natural Gas (LNG) based Floating Storage and Regasification Unit (FSRU), missing several low demand periods during mild weather and lockdowns despite repetitive reminders, The News learnt on Thursday. As a last resort, Qatar was contacted to allow filled FSRU in place of outgoing ship with a view to saving shutdown time but that move was too late to be a starter given the documentation required f...

Oil refining policy to be presented to cabinet soon Senate panel told policy will attract huge investment in refining sector APP July 01, 2021 ISLAMABAD: The Senate Standing Committee on Petroleum was told on Wednesday that the new oil refining policy, which mainly focused on attracting maximum investment in the sector, would soon be presented to the federal cabinet for approval. The policy would attract huge investment in the oil refining sector by offering tax rebate to the local and foreign investors for up-gradation and establishment of new deep-conversion refineries, Petroleum Secretary...

Peak in twin energy crises on the cards June 28, 2021 LAHORE: A twin energy crisis is going to peak in next few days with initiation of LNG terminal’s dry docking, annual closure of a key gas-well and man-made bottlenecks in supplies. The most efficiently-run LNG import terminal will be shut down temporarily today (Monday), as Floating Storage and Regasification Unit (FSRU) is going to leave for mandatory dry docking, disrupting gas supplies for around five days. The back-to-back cut in RLNG supply and annual closure of Kunar Pusaki gas field is proving a recipe for disaster at a time whe...