The Economic Coordination Committee of the Cabinet (ECC) Thursday decided to approve three different projects for the construction of terminals at Port Qasim for receiving, storage and regasification of LNG. These include Fast Track Engro Terminal Project likely to be completed between 6 to 8 months at an estimated cost of $ 30-40 million […]
The recent strike-call given by All Pakistan CNG Association, in which filling stations too joined the chorus, added woes to common people, making their lives more miserable. The closure of petrol pumps and gas stations made it impossible for daily-wage workers, who are already pressed by price hike and energy crisis, to meet their both […]
Planning Commission distances itself from LNG project Saturday, June 9, 2012: Planning Commission of Pakistan has distanced itself from the liquefied natural gas (LNG) and has asked the government to hire an independent consultant to assess the feasibility of the $30 billion project before moving ahead. “There are many flaws in the integrated LNG import […]
Jun 10 2012 | Posted in
Business,
Pakistan |
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The ratio of gas cylinder blast has been increasing during last year. This technology was introduced in the country back in 2000-01. This industry has been grown up many folds and many CNG (Compressed Natural Gas) stations have also been working in the country. Commercial vehicles like vans and buses also started use of CNG […]
Jun 2 2012 | Posted in
Pakistan |
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Long awaited decision regarding the Thar Coal Project was finally taken on Thursday, when the Prime Minister, Sayed Yousuf Raza Gilani, announced that instructions have been sent to the concerned ministries to use Thar Coal Project for enriching the energy sector. “We have natural resources and we are exploring them to benefit people,” he said. […]
Jan 13 2012 | Posted in
Business,
Pakistan |
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Unending CNG upheaval CNG (Compressed Natural Gas) Stations across the country including Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan are observing indefinite strike to protest closures imposed by the government in an attempt to reduce the intensity of the gas crises. Minister for Petroleum and Natural Resources, Dr. Asim Hussain warned that the problem has yet […]
Jan 3 2012 | Posted in
Opinion,
Pakistan |
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Crises after crises When it rain, it pours’, the people should prepare themselves for two diversities of load shedding; first, gas and now, power shortage. Winter is after all a heavy pull on our natural resources, which is why the former was quite expected. Electricity shortfall is exclusively summer time facility, however, the government is […]
Government not interested in the import of LNG The government of Pakistan move to import Liquefied Natural Gas (LNG) has received several hurdles, including the hike in international price of the product and the government’s own reluctance to kowtow to international practises by offering a sovereign guarantee to firms presently bidding to import the gas. […]
Dec 22 2011 | Posted in
Business,
Pakistan |
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Pakistan to import more gas from Iran – Pakistan oil and gas sector update ISLAMABAD – It has been learnt from reliable sources that federal government of Pakistan has decided to negotiate with Iran to increase its natural gas imports for the running tax year. Currently, Pakistan is importing 750 million cubic meters of per […]
Dec 1 2011 | Posted in
Pakistan |
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LNG import licenses to be awarded in a fair manner – Ministry of Petroleum and Natural Resources Pakistan ISLAMABAD: Ministry of Petroleum and Natural Resources and Oil and Gas Regulatory Authority (OGRA) has said that it is is consultation with all the stakeholders for Liquefied Natural Gas (LNG) import. Rumors about favouring one party of […]
Oct 20 2011 | Posted in
Pakistan,
Sci-Tech |
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