PTI Govt introduces reforms to avert gas crisis

Special Assistant to the Prime Minister (SAPM) on Petroleum and Power Tabish Gauhar Friday said the Pakistan Tehreek-i-Insaf (PTI) government had devised a multi-pronged strategy to reform the gas sector and meet the country’s energy needs in an efficient manner.

“Our government is determined to reform the gas sector and for this purpose, we have devised a strategic workstream that is further divided into three parts; short term, medium-term and long term,” he said in a series of tweets.

Under the short term plan of 6-12 months, the SAPM said excess capacity of 300 Million Cubic Feet per Day (MMCFD) gas of the two existing Re-gasified Liquefied Natural Gas (RLNG) terminals and additional LNG cargoes would be utilized to bridge the demand and supply gap, especially in the next winter season.

There could potentially be up to 300 MMCFD (3+ additional LNG cargoes per month) of “excess capacity” available at the existing two RLNG terminals (that may be utilized on a strictly private-to-private i.e. without any GOP “take or pay” payment obligation and on an open/third party access basis to further bridge the demand and supply gap, especially in the coming winters for the domestic gas consumers, under a ‘without prejudice’ arrangement sanctioned by OGRA,” he said.

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