Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Only consumers located near Port Qasim to get LNG: Pakistan loses 9pc or 350mmcfd gas due to leakages, theft

byCustoms Today Report
19/02/2015
in Business
Share on FacebookShare on Twitter

You might also like

Short-term inflation ticks up 0.49pc WoW, pushing annual rate to 9.66pc

21/08/2026

Govt generates Rs144b through PSX Sukuk auction

20/08/2026

ISLAMABAD: It is expected that the Liquefied natural gas (LNG) will be imported by the end of next month. The supply will be distributed among industries that are situated near the Port Qasim.
Re-gasified LNG will be pumped into large consumers like K-Electric, Engro Polymer, Gul Ahmed Energy and manufacturing units located at Bin Qasim and Landhi industrial estates, an offcial said.
“The idea is to avoid the losses, which exist in the pipeline system. Supply to the rest of the city will continue from the usual sources,” said the official associated with Sui Southern Gas Company.
Shortage of gas has become a national emergency and the top priority for the government right now is to ensure that it has a contract for the supply of LNG by next month.
If that is achieved on time, at least 200 million cubic feet per day (mmcfd) or 5% of the existing supply will be supplemented via imports by end-March.
Experts have been voicing their concern over the way LNG will be used in a country which loses over 9% or 350 mmcfd of gas to pipeline leakages and theft.
Since the government has yet to sign a long-term contract with any LNG supplier, the landed price of gas is not known. But it will be more than double the $4 per unit – the average price at which gas is locally produced.

Tags: 200 mmcfd LNG/day to be distributed among industries near Port Qasim

Related Stories

Short-term inflation ticks up 0.49pc WoW, pushing annual rate to 9.66pc

byCT Report
21/08/2026

ISLAMABAD: Pakistan's Sensitive Price Indicator (SPI) recorded a week-on-week increase of 0.49% for the week ending August 20, 2026, driving...

Govt generates Rs144b through PSX Sukuk auction

byCT Report
20/08/2026

ISLAMABAD: The Ministry of Finance has raised Rs. 144.153 billion through the Government of Pakistan Hybrid Sukuk (GHS) auction conducted...

Pakistan’s power sector circular debt rises to Rs1.67 trillion in FY26

byCT Report
19/08/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs61 billion during fiscal year 2025-26, reaching Rs1.675 trillion by June 30,...

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

byCT Report
18/08/2026

KARACHI: Pakistan’s primary equity market extended its most active stretch in years Tuesday, as the Securities and Exchange Commission of...

Next Post

Over 25 years after original model's debut, Suzuki launches new prices of Vitara from £13,999 in UK

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.