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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.
LPG refills turn dearer, hover close to ₹750 each
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A domestic cooking gas cylinder now costs ₹746.50 in Hyderabad following the national oil marketing companies on Tuesday increasing the price by ₹50 per refill.
It is for the second time this month that the liquefied petroleum gas (LPG) prices were increased. Together, the hike thus far this month has been ₹100 per refill for households that either have given up subsidy or not eligible to get cooking gas at subsidised prices.
Eligible households can draw up to 12 refills a year and the subsidy component is credited directly into the bank account. Beyond the 12 cylinders, they have to purchase domestic, non-subsidised refills, which in Hyderabad since Tuesday costs ₹746.50.
Still quiet in PH firecracker capital
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