ISLAMABAD: In an expected development, the government has halted the RLNG supply to all sectors of economy as Sui Northern on Saturday also stopped imported gas supply to power plants and export.
Top Story
December 23, 2020
ISLAMABAD: Amid the increasing gas deficit in the country, LPG is also becoming pricier in all the four federating units, particularly in northern parts of the country.
However, after being given go-ahead by the ECC and ratification by the cabinet three months ago, the Jamshoro Joint Venture Limited (JJVL), an LPG extraction plant, has failed to resume operations, a senior official told The News. The JJVL with the capacity to produce 300-500 tons of LPG that accounts for 15 percent of total LPG supply in the country, is not operational since June 21, 2020 due to which the national kitty has suffered a loss of Rs 2.834 billion till November 30, 2020, the official told The News while quoting calculations on losses incurred by the SSGC due to the JJVL closure. “The LPG production by JJVL is enough to cater to energy needs of over 750,000 homes across Pakistan, the official said and added that with the closure of JJVL, 5,000 people have lost their jo
National
December 23, 2020
ISLAMABAD: Amid the increasing gas deficit in the country, LPG is also becoming pricier in all the four federating units, particularly in northern parts of the country. However, after being given go-ahead by the ECC and ratification by the cabinet three months ago, the Jamshoro Joint Venture Limited (JJVL), an LPG extraction plant, has failed to resume operations, a senior official told The News. The JJVL with the capacity to produce 300-500 tons of LPG that accounts for 15 percent of total LPG supply in the country, is not operational since June 21, 2020 due to which the national kitty has suffered a loss of Rs 2.834 billion till November 30, 2020, the official told The News while quoting calculations on losses incurred by the SSGC due to the JJVL closure. “The LPG production by JJVL is enough to cater to energy needs of over 750,000 homes across Pakistan, the official said and added that with the closure of JJVL, 5,000 people have lost their jobs
National
December 23, 2020
ISLAMABAD: Amid the increasing gas deficit in the country, LPG is also becoming pricier in all the four federating units, particularly in northern parts of the country. However, after being given go-ahead by the ECC and ratification by the cabinet three months ago, the Jamshoro Joint Venture Limited (JJVL), an LPG extraction plant, has failed to resume operations, a senior official told The News. The JJVL with the capacity to produce 300-500 tons of LPG that accounts for 15 percent of total LPG supply in the country, is not operational since June 21, 2020 due to which the national kitty has suffered a loss of Rs 2.834 billion till November 30, 2020, the official told The News while quoting calculations on losses incurred by the SSGC due to the JJVL closure. “The LPG production by JJVL is enough to cater to energy needs of over 750,000 homes across Pakistan, the official said and added that with the closure of JJVL, 5,000 people have lost their jobs
Top Story
December 16, 2020
ISLAMABAD: Former prime minister and PML-N leader Shahid Khaqan Abbasi on Tuesday claimed that Pakistan had become the first country in the world where diesel was cheaper than the LNG due to the government’s corruption and incompetence. Talking to media persons after attending the hearing of the LNG reference at the Accountability Court, Shahid Khaqan Abbasi mentioned that the mismanagement and corrupt practices at the government level forced the government to pay a huge excessive amount for the required quantity of LNG, which was not imported in time and tendered at a higher rate. He said LNG was available at one-third of the oil price around the world but the authorities had paid an additional amount of Rs11 billion for the two shipments as they had delayed to open the tenders. Abbasi further added that in the month of January, Pakistan would have to pay an additional amount of Rs25 billion for the LNG import, while the country had already suffered