KARACHI: The government’s failure to provide gas to the industry has caused unbearable losses to the business community, an official said on Thursday. The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) president Mian Nasser Hyatt Maggo said that due to the cut off in gas supply, the country is losing its momentum of … Read more
ISLAMABAD: Engro Elengy Terminal Limited (EETL), Pakistan’s first LNG terminal has handled around 25 million tonnes liquefied natural gas (LNG) (1,226bcf gas), since it’s commissioning in 2015, to meet the energy needs of the country. The terminal has successfully handled about 419 Ship-To-Ship cargoes safely and at the fastest speed in the world, Chief Executive … Read more
ISLAMABAD: The board of directors of the Sui Northern Gas Pipelines Limited (SNGPL) has agreed to waive 66 per cent “Take or Pay” clause for the government-owned liquefied natural gas (LNG) plants, a senior government official said. “In the long run, this will help reduce the capacity payments that the government has to pay to … Read more
