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Four private sector companies step in LNG trade
Published On 19 January,2021 05:29 pm
The country s existing natural gas reservoirs are depleting fast at a rate of 9.5 percent annually
ISLAMABAD (Dunya News) – The ease-of-doing business plan, introduced by the Pakistan Tehreek-i-Insaf (PTI) government, has started yielding the required results with stepping in of four private sector companies for carrying out regulated activities of Liquefied Natural Gas (LNG) across the country.
In a significant development, Oil and Gas Development Authority (OGRA) last week granted the first-ever marketing licences to two companies for undertaking regulated activities with regard to the sale of natural gas and LNG. Besides it issued two provisional licences of supplying LNG through cryogenic bowzers to consumers especially where the regular gas transmission network does not exist.
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