Govt policy blamed for CNG price hike

While the private sector was not allowed to import LNG, government departments did not make timely imports and as a result the price of CNG in Sindh and Punjab has increased to Rs300 per litre. All Pakistan CNG Association leader Ghiyas Paracha on Saturday said the private sector was not allowed to import LNG on its own and the government delayed the import. “The causes for the delays are known to all,” Mr Paracha alleged, and demanded that the new government should probe the government officials concerned. He added that…

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First CPEC hydro project starts trial operation

The first hydropower project under the China-Pakistan Economic Corridor (CPEC) – 720MW Karot Hydropower Project (HPP) – has started trial operations after two of its four units/turbines began power generation of 360MW on a test-run basis. The unofficial commercial operation of the project (power generation by all four units) will begin by June 25 when the third and fourth units would also start trial operation in the coming days, paving the way for its inauguration by the prime minister on June 30, Dawn has learnt. “The third unit will also start running…

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CNG price jumps to Rs300/kg

CNG price in Sindh and Punjab has reached a record high of Rs300 per kilogram as private sector is barred from importing liquefied natural gas (LNG) itself, while government failed to ensure the imports on time, an industry representative claimed on Saturday. “We are forced to use the most expensive LNG in the history,” said Ghiyas Paracha, central leader of All Pakistan CNG Association, adding that lack of timely LNG purchase agreements had pushed the price up. Speaking to the media after the consultative meeting of the CNG Association, Paracha…

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The case against LNG terminals

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lobal warming and climate change caused by emissions of carbon dioxide and other air pollutants pose a serious threat to human well-being and the health of the planet. To avoid the devastating effects of an increasing carbon footprint, the energy sector requires urgent action on a global scale. Many countries are strategising energy transition to reduce carbon emissions and mitigate the effects of climate change. Some of these countries, including Pakistan, consider liquefied natural gas (LNG) the cleanest fossil fuel. However, LNG is a fossil fuel contributing to carbon pollution…

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