Country likely to face another gas crisis

The country is on track to face another gas crisis from 13-16 September, 2021 due to re-deployment of Floating Storage and Regasification Unit (FSRU) Exquisite after dry dock.

A few day ago, the Board of Directors (BoD) of Sui Southern Gas Company Limited (SSGCL) rejected the offer of Engro of a bigger FSRU and asked the company to call its original unit, Exquisite, back to port.

Sui Northern Gas Pipeline Company Limited (SNGPL), General Manager, Business Development, Corporate, Wajiha Anwar, has noted that in order to manage the gas load during the period September 13-15, all the regions have been advised to suspend gas/RLNG supply to CNG, cement and general industry and its captive power plants (non-export) sector across the franchised area of SNGPL (including Punjab and KPK.)

Furthermore, 10 percent gas/RLNG allocation to process industry may be allowed during this period.

The Exquisite FSRU operated by Excelerate Energy of USA had been dry docked since June 29, 2021 in Singapore for repair and was replaced by a bigger FSRU Sequoia since then to ensure LNG supply.

The sources said Sui Southern Gas Company Limited (SSGCL) has also notified to its clients that it will face shortfall of around 85MMCFD gas from 14-16 September 2021 due to re-deployment of original FSRU as it will face shortfall of around 85MMCFD gas. SGGCL has asked its consumers to restrict their off-take/gas off-takes.

An official told Business Recorder that there will be no issue in power generation during this period as demand has already reduced to 18,000-22000MW from 25,000MW.

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