SINGAPORE: Pakistan LNG is seeking a liquefied natural gas (LNG) cargo for delivery in April, a tender document posted on the company website showed on Tuesday. It is seeking the cargo on a delivered ex-ship (DES) basis for delivery into Port Qasim, Karachi over April 9 to 10, according to the document.
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LAHORE: The Pakistan Electric Power Company (PEPCO) has constituted a four-member committee to prepare a brief on financial, technical and commercial highlights of the distribution companies (DISCOs) for privatization purposes. A copy of the office order issued in line with the cabinet committee on privatization (CCOP) decision on privatization of DISCOs is available with Business Recorder which points out that the committee has been constituted on the letter both from the ministry of energy (power division) and Privatization Commission’s office of the ministry of privatization. The committee consists of Saghir…
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SINGAPORE/LONDON: Pakistan LNG is seeking two liquefied natural gas (LNG) cargoes for delivery in February, after at least one supplier was unable to deliver a scheduled cargo, two industry sources told Reuters on Tuesday. Pakistan LNG, a government subsidiary that procures LNG from the international market, is seeking the cargoes for delivery over Feb. 15-16 and Feb. 23-24, one of the sources said. The tender closes on Thursday, a second source said. Pakistan LNG said on Saturday that a supplier, who had submitted the lowest offer in a buy tender…
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ISLAMABAD: National Electric Power Regulatory Authority (Nepra) Chairman Tauseef H Farooqi has said that the regulator is working on an inclusive Corporate Social Responsibility (CSR) development model. He was addressing a webinar cum seminar at Nepra Headquarters envisioning developing a CSR culture with its CSR drive of “Power with Prosperity”. The event was attended by a number of senior representatives from power industry, public and private sector entities as well as members of the Authority, Rehmatullah Baloch and Engr Bahadur Shah. Tauseef H Farooqi in his keynote address said the…
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NEPRA has recently issued its determination on the applicability of Open Access (OA) charges applicable on OA consumers and has rejected the petition of CPPAG in this respect connected with the wheeling charges. Buyers or consumers’ choice and competitions are the basic tenets of capitalist markets. Under Open Access, the consumer has a choice of procuring or generating his own electricity. Open Access is one of the key instruments for fostering competition, promoting new investments and power supplies, improving capacity utilization, reducing cost and prices for large customers, industries in…
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