LNG Archives - Pkrevenue.com

ECC allows release of Rs10 billion subsidy, bank guarantee for LNG

January 3, 2023January 3, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: Economic Coordination Committee of the Cabinet (ECC) on Tuesday allowed release of Rs10 billion as subsidy and government bank guarantee up to Rs50 billion for Liquefied Natural Gas (LNG).

Pakistan approves LNG at $9 per MMBTU for export sector

July 26, 2022July 26, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan on Monday approved a rate of $9 per MMBTU for supply of LNG to export sector across the country. The country’s apex economic coordination body approved the rates to provide competitive environment to the export sector at par with regional economies. READ MORE: NEPRA to conduct public hearing on KE’s petition on July […]

Govt urged to minimize reliance on LNG import

June 24, 2022June 24, 2022Faisal Shahnawaz

ISLAMABAD: As Pakistan is facing with severe natural gas shortage for the last couple of years, it has started relying heavily on Liquefied Natural Gas (LNG), however, the government needs to explore other energy sources to save environment as well as financial spending on the LNG import. There are other green energy options like solar […]

PSO’s prudent planning helps considerable savings

September 15, 2021May 16, 2026Hamza Shahnawaz

KARACHI: Prudent planning and strategic thinking. Pakistan State Oil (PSO) has enabled considerable savings and created value for end users by taking the following steps:

Pakistan oil sales jump up by 26% in August

September 2, 2021September 2, 2021Faisal Shahnawaz

KARACHI: Pakistan’s domestic oil sales have jumped up by 26 percent to 1.97 million tons, which is the highest since May 2018. Analysts at Topline Securities said that oil sales are also up 1 percent Month on Month (MoM), whereas oil sales during the first two months of the fiscal year 2021/2022 clocked in at […]

PSO issues clarification LNG purchase

August 22, 2021August 22, 2021Faisal Shahnawaz

KARACHI: Pakistan State Oil (PSO) has clarified reports about purchase of Liquefied Natural Gas (LNG) on higher prices. In a statement on Sunday the company clarified that: No cargo from long-term supply contract in September has been dropped or canceled by PSO as reported by certain media outlets. As per the Annual Delivery Plan (ADP) […]

FPCCI demands withdrawal increase in duty, taxes on CNG sector

June 28, 2021June 28, 2021Mrs. Anjum Shahnawaz

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday demanded the government of withdraw its decision of increasing duty and taxes on CNG sector. In a statement FPCCI President Mian Nasser Hyatt Maggo said that the sales tax on LNG for CNG sector has been increased from 5 per cent to 17 […]

ECC approves 10 percent regulatory duty on cotton import

July 31, 2019June 19, 2024Mrs. Anjum Shahnawaz

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved imposition of 10 percent regulatory duty on import of cotton.

Port Qasim Authority praised for successful handling LNG ships

February 12, 2019December 13, 2023Faisal Shahnawaz

Islamabad – Federal Minister for Maritime Affairs, Syed Ali Haider Zaidi, commended the Port Qasim Authority on Tuesday for its strategic management in handling the docking of LNG ships at berths. Zaidi emphasized that this proactive approach has played a crucial role in mitigating the impending gas crisis.

Two LNG ships arrive at Port Qasim

January 19, 2019July 17, 2024Hamza Shahnawaz

KARACHI: At least two liquefied natural gas (LNG) ships have arrived for the first time at Port Muhammad Bin Qasim. This monumental event has been confirmed by the Federal Minister for Maritime Affairs, Ali Haider Zaidi, marking a crucial development in Pakistan’s efforts to bolster its energy supply.

Tag: LNG