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Oman to supply LNG and POL products to Pakistan

Lahore : The federal cabinet on Tuesday accorded approval for signing of an Inter-Governmental Agreement between the Ministry of Energy (Petroleum Division) Government of Pakistan and the Ministry of Oil and Gas, Sultanate of Oman for supply of liquefied natural gas (LNG) and POL products on government to government basis. The federal ... Read More »

Supreme Court dismissed Sheikh Rasheed petition for disqualification of Prime Minister

Lahore : The supreme court of Pakistan has dismissed Awami Muslim League chief Sheikh Rasheed Ahmad’s petition seeking prime minister Shahid Khaqan Abbasi disqualification in LNG case. The court said to Sheikh Rasheed the matter relate to NAB if he wants to peruse than he may submit application to NAB. ... Read More »

PM Shahid Khaqan Abbasi inaugurates country’s 2nd LNG Terminal

Lahore :  Prime Minister Shahid Khaqan Abbasi Monday said the government was committed to resolve the issue of energy shortage and has successfully reduced the gap between demand and supply both in the electricity and natural gas. Addressing the inaugural ceremony of the second Liquified Natural Gas (LNG) terminal at ... Read More »

Pak-Qatar LNG contract lowest-cost : PM Abbasi

Lahore : Prime Minister Shahid Khaqan Abbasi Thursday  apprised the Senate that the Liquefied Natural Gas (LNG) contract between Pakistan and Qatar was the world’s lowest cost that had had been signed ‘efficiently’ and within ‘least timeframe’ as an inevitable measure to cope with swelling energy crisis. Briefing the Upper ... Read More »

LNG most important achievement of the Govt: Ghiyas Paracha

Lahore: The All Pakistan CNG Association (APCNGA) on Sunday said gas prices will be reduced after arrival of Qatari LNG in the first week of next month. The imported LNG will benefit consumers besides reviving Rs 450 billion CNG industry which will reduce oil import bill, pollution and unemployment, said ... Read More »

The government to allow private sector to import LNG:United Business Group

Lahore: The United Business Group (UBG) of FPCCI on Sunday asked the government to allow private sector to import LNG which will reduce the intensity of energy crisis in the country. Government could not ink an agreement for import of gas despite the lapse of nine months which continue to ... Read More »

LNG pipeline deal to settle energy crisis in Punjab: Ghiyas Paracha

Lahore: The All Pakistan CNG Association on Monday lauded the selfless efforts of Prime Minister Nawaz Sharif which has materialised LNG import and distribution plan in record time. The positive impact of LNG import would soon be felt across the country as it will help reduce energy scarcity, it said. The ... Read More »

Government should not show any haste in signing gas deal with Qatar:IWCCI

Lahore: Samina Fazil, founder President, Islamabad Women’s Chamber of Commerce and Industry (IWCCI) on Sunday said the price of LNG is expected to come down to four dollars per mmbtu therefore government should not show any haste in signing gas deal with Qatar. The demand of Qatar for three different ... Read More »

Masses paying for mismanagement of gas companies: PEW

Lahore: The Pakistan Economy Watch (PEW) on Sunday said mismanagement and high charges by different government departments has made LNG costly than the furnace oil which can damage the project. The high price of LNG has discouraged customers as IPPs have refused to use the Liquefied Natural Gas despite persuasion by ... Read More »

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