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The Oil and Gas Regulatory Authority (OGRA) has issued licences for construction and operation of pipelines, the last leg of Liquefied Natural Gas (LNG) supply, to Energas Terminal (Pvt.) Limited and Tabeer Energy (Pvt.) Limited.

Oil and Gas Regulatory Authority (OGRA) on Friday issued licences for construction and operation of pipeline to Energas Terminal (Pvt) Limited and Tabeer Energy (Pvt) Limited as to inject their terminals’ re-gasified gas in the national transmission system.

Federal Minister for Maritime Affairs Ali Zaidi has shared a plan for the instalment of a fourth liquefied natural gas (LNG) terminal in the country at Karachi’s Port Qasim.

Sui gas companies have conveyed availability of LNG pipeline capacity to be allocated for transmission and distribution to M/s Energas and M/s Tabeer Energy, sources close to Secretary Petroleum told Business Recorder.

The Oil & Gas Regulatory Authority (Ogra) on Thursday directed the Sui gas companies — SNGPL and SSGCL — to immediately allocate pipeline capacities to the sponsors of two upcoming terminal of liquefied natural gas (LNG) for them to proceed with the final investment decision (FID) and financial closure.

The Oil & Gas Regulatory Authority (Ogra) has granted construction licences to Tabeer Energy and Energas to start construction of Liquefied Natural Gas (LNG) Receiving Terminals at Port Qasim for import, regasification, storage and supply of LNG to their customers.

Participants at a public hearing overwhelmingly supported the cases of two separate firms for grant of construction licences at the earliest to help reduce energy costs and gas shortage that currently stood at about three billion cubic feet per day (BCFD).

Overriding all objections from some private companies, the Oil & Gas Regulatory Authority (Ogra) on Tuesday granted marketing licences to Energas and Tabeer Energy for sale of regasified-liquefied natural gas (RLNG) to their customers.

The federal cabinet on Wednesday directed the petroleum and defence ministries to remove all hurdles within 30 days to facilitate setting up and operationalisation of two additional liquefied natural gas (LNG) processing terminals in the private sector.

The Port Qasim Authority (PQA) needs to publicly share the federally-approved and gazetted copy of its master plan as well as the (recent) study which assessed the cumulative effects of the industrial projects coming up in its jurisdiction. This is critical to ensure human and environmental safety in current circumstances and future.

The audience of a public hearing were informed on Thursday that the project of third LNG terminal in the country would be built and operated in Port Qasim area of Karachi in 100 per cent compliance of the requirements of all the concerned federal and provincial regulatory agencies especially those which deals with environmental protection.

As competition among private investors increases, the government has ordered a scientific examination of all feasible locations for new liquefied natural gas (LNG) import and processing terminals, including the possibility of expansion and dredging of the main channel that has been facing acute traffic congestion.

Prime Minister Imran Khan on Tuesday said the government is taking steps to ensure that a business-friendly environment is provided to foreign investors and to improve the ease of doing business in Pakistan, Radio Pakistan reported.

Pakistan’s natural gas shortfall sits around 1.5-2 billion cubic feet per day (bcfd). When viewed in terms of unconstrained demand, the shortfall goes up to as high as 4 bcfd. The local production, even if it ramps up considerably, is not going to cut the deal. LNG in the gas mix is now a reality, and could also be the future. The need to put the systems in place to ensure supply of gas, to all prospective users, must be top on the priority list of the government.

Tabeer Energy Limited, a wholly-owned subsidiary of Mitsubishi Corporation, has planned to set up a Liquefied Natural Gas (LNG) terminal at Port Qasim with an estimated cost of $400 million.

Without a scientific study, the government on Tuesday ordered setting up of a third LNG processing terminal on a fast-track basis for completion before next winter at a new location – Jharri Creek/Chann Wadoo – and approved about Rs1.63 billion supplementary grants for security improvement and facilities for paramilitary forces.

The management of M/s Mitsubishi Corporation, establishing a Liquefied Natural Gas (LNG) project, is expected to meet Prime Minister Imran Khan later this month to apprise him about the project. Mitsubishi Corporation is setting up a 750 Million Cubic Feet (MMCFD) per day of LNG import and re-gasification.

In a meeting with the Federal Minister for Petroleum Ghulam Sarwar Khan in Islamabad on Wednesday, Kimihide Ando said that due to geo strategic location of Pakistan, the Country can take a lot of advantage from liquefied natural gas (LNG) and the incumbent government is making a futuristic policy.

A local subsidiary of Mitsubishi Corp Japan planned to set up a 750 million metric cubic feet/day (mmcfd) of LNG import and re-gasification terminal at Port Qasim.

A Japanese firm has secured a licence to set up and operate re-gasified liquefied natural gas (RLNG) terminal in the country, The News learnt on Monday.