Hammad Azhar, Shahid Khaqan Abbasi trade barbs in NA over energy crisis
July 3, 2021
ISLAMABAD: PMLN and the government were at loggerheads again on Friday over the country s energy crisis, with former prime minister Shahid Khaqan Abbasi criticising the import of liquefied natural gas and Federal Minister for Energy Hammad Azhar defending the use of regasified liquid natural gas.
Azhar, addressing a press conference at the Press Information Department (PID) following one by the PMLN, said that the country is sorely in need of regasified liquefied natural gas (RLNG) as the natural gas reserves of Pakistan are near depletion.
He assured everyone that the supply of electricity and gas will be restored in the country from Monday. “There will be further improvement in the next two to three days. Restoration of gas will restore electricity,” he said.
Hammad, Khaqan trade barbs over energy crisis
July 3, 2021
ISLAMABAD: PMLN and the government were at loggerheads again on Friday over the country s energy crisis, with former prime minister Shahid Khaqan Abbasi criticising the import of liquefied natural gas and Federal Minister for Energy Hammad Azhar defending the use of regasified liquid natural gas.
Azhar, addressing a press conference at the Press Information Department (PID) following one by the PMLN, said that the country is sorely in need of regasified liquefied natural gas (RLNG) as the natural gas reserves of Pakistan are near depletion.
He assured everyone that the supply of electricity and gas will be restored in the country from Monday.
Eight years on, the $2.5 billion gas pipeline from Port Qasim the centre of liquefied natural gas (LNG)import terminals to Lahore to meet the energy needs of industry upcountry remains in the air. The project justifies the feasibility of new upcoming LNG terminals to create gas transportation capacity from ports in the South to consumption centres in the North.
It should have been completed by 2017-18, according to original plans. However, the timelines to finalise the contractual agreements with Russia on a ‘strategic government-to-government’ basis have changed six times between 2015 and 2020. Yet, the authorities are now rethinking if Pakistan’s own entities Sui Southern and Sui Northern Gas Companies should develop the project on their own with limited external technical or financial support albeit even if with a lower capacity or to chip in UAE’s Mubadala a $250bn investment firm of the royal family.
ISLAMABAD: The Engro Elengy Terminal Private Limited has clearly told the government that it cannot avoid dry docking of its Floating Storage Regasification Unit , which is due from June 29-July 5,.
ISLAMABAD: The Cabinet Committee on Energy , in its meeting on Thursday, asked the Petroleum Division to come up with a clear mind after one month if it wanted to build the Pakistan Stream Gas.