ISLAMABAD: The first shipment of Liquefied Natural Gas (LNG) would arrive from Qatar on March 26 and supply would be injected in the system by March 31, disclosed Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi.
Talking to media at a signing ceremony at ministry the minister added that in first year, 200 mmcfd LNG would be imported following the agreement and later it will be increased upto 400 mmcfd.
Abbasi noted that it was very cheap fuel in comparison with diesel and others. He maintained that the licenses of those oil and gas exploration companies not working in their blocks for long time would be canceled.
The ministry has canceled one license of Islam Ghar block and issued notices to 19 companies, said Abbasi. He added that there is not like dislike for companies but we want they start work and complete it as soon possible.
