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OGRA grills firms seeking LNG licences
Regulator questions about contracts with suppliers, customers, capacity allocation
LNG PHOTO: FILE
ISLAMABAD:
The Oil and Gas Regulatory Authority (Ogra) on Thursday raised a set of questions regarding documents of agreements of Energas, which is seeking a licence for sale and marketing of regasified liquefied natural gas (RLNG).
The regulator questioned about contracts with LNG suppliers, customers, capacity allocation, timeframe of imports and volume of gas.
During a public hearing, it was noted that Energas and Tabeer Energy required capacity allocation of an operational terminal for sale and marketing of LNG.
Energas and Tabeer Energy had submitted an application seeking licence for sale and marketing of LNG. The two companies are also setting up LNG terminals in Pakistan.