Islamabad: Central leader of All Pakistan Compressed Natural Gas Association (APCNGA) Ghiyas Abdullah Paracha has requested the government to ensure provision of uninterrupted gas supply to LNG-based CNG stations. There should be no supply curtailment to CNG sector if there is any shortage or delay in berthing of Liquefied Natural Gas (LNG) vessels, he said while talking to APP. Paracha,…
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The Federal Cabinet has constituted a three-member Ministerial Committee to investigate road infrastructure and energy projects’ contracts awarded allegedly at inflated rates during the previous governments, well informed sources told Business Recorder. The committee comprising of Minister for Communication (Convener) Murad Saeed, Minister for Energy Hammad Azhar and Minister for Information Fawad Chaudhary will submit its report to the Cabinet. Minister…
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All Pakistan Compressed Natural Gas Association (APCNGA) has requested the government to ensure provision of uninterrupted gas supply to LNG-based CNG stations. In a statement issued on Monday, APCNGA leader Ghiyas Abdullah Paracha said that there should be no supply curtailment to CNG sector if there is no shortage or delay in berthing of liquefied natural gas (LNG) vessels. He…
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Ministry of Energy (Petroleum Division) is reportedly reluctant to supply LNG to two urea fertilizer plants due to pricing issues, well-informed sources told Business Recorder. In a summary to the Economic Coordination Committee (ECC) the Cabinet, the following measures were proposed to address shortage of urea fertilizer during Rabi season 2021-22: (i) for the month of Oct-Dec 2021, Sui Southern Gas…
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Pakistan LNG did not receive any offers in a tender seeking eight liquefied natural gas (LNG) cargoes for delivery over December to January, a document posted on the company website showed. The state-owned company had issued the tender last month, with offers due by Oct. 11 and to remain valid until Oct. 26. Spot LNG prices are trading near record…
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Qatar, the world’s biggest exporter of liquefied natural gas, said it’s “unhappy” prices are so high but is producing at maximum capacity. The comments from Energy Minister Saad Al-Kaabi on Monday come amid a crisis in gas markets, with prices rocketing as supply fails to keep up with soaring demand. Although Qatar is spending billions of dollars to increase output,…
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The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by flooding. Heavy rains hit Shanxi in recent days, the country’s biggest coal producing province, after record floods struck the mining region of Henan in July. Thermal coal on the Zhengzhou Commodity Exchange rose…
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India is facing a looming power crisis, as stocks of coal in power plants have fallen to unprecedentedly low levels and states are warning of power blackouts. States across India have issued panicked warnings that coal supplies to thermal power plants, which convert heat from coal to electricity, are running perilously low. A worker monitors coal being carried along conveyor…
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On September 14, the company won the bid for the Qasim Energas LNG terminal project in Pakistan. The project owner is Energas Terminal Company, with a construction period of 18 months. The main construction content of the project includes the design, procurement and construction of a butterfly-shaped pier structure capable of berthing a 174,000 m3 floating gasification vessel (FSRU) and a…
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The Advisor for Commerce and Investment to the Prime Minister Imran Khan, Abdul Razak Dawood, visited Careem’s headquarters, Dubai in his visit to the Expo 2020. The Advisor met senior leadership of Careem including: Mudassir Sheikha, CEO and Co-founder of Careem, Colin Judd, Senior Director Corporate Affairs and Fatima Akhtar, Director Government Relations Pakistan. The meeting consisted of having an…
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