As the Pakistan Tehreek-e-Insaf (PTI) government has permitted the
private area to import LNG, the bureau has given the approval to the Oil and
Gas Regulatory Authority (Ogra) to give new CNG licenses dependent on LNG
following a range of 12 years.
A boycott had been forced, 12 years prior, on issuance of new CNG
stations dependent on indigenous gas because of deficiency of gas. In any case,
the administration has permitted private area to import LNG.
Inviting the choice, Universal Gas Distribution Company Limited Chief
Executive Officer (CEO) Ghayas Paracha said that the legislature could spare
Rs97 billion during the following 12 years by dealing with 150 mmcfd extra LNG
during that time LNG terminal.
He said that the LNG import by private area would help lessen
load-shedding throughout the colder time of year season.
The Economic Coordination Committee (ECC) had agreed its endorsement in
such manner. During conversation in the gathering, Special Assistant to the
Prime Minister on Petroleum Nadeem Babar had educated the monetary arrangement
producers that the boycott was forced on licenses dependent on indigenous gas.
Presently, he said that RLNG is accessible and still less expensive than
indigenous gas, and CNG area may import LNG for their stations which will be
sold on Ogra told cost.
0 Comments