Oil refinery project: Chinese team visits Gwadar
In order to materialise the $4.5 billion oil refinery project in Gwadar,...
State Minister for Petroleum Musadik Malik said the government had arranged two additional cargoes of liquefied natural gas (LNG) — one each in January and February — that would help better manage energy shortages in the coming winter peak with the support of additional imports of liquefied petroleum gas (LPG). “It would not be free for all but the situation would be much better than last winter,” he said. “We are trying our best to arrange more LNG to provide as much relief to the people as possible,” he said while alleging that winter gas supply had become challenging because of the incompetence of the previous government which did not book LNG when it was available at $2 or 4 per unit which was not available now even at $40 per unit. Those cargoes of $30-40 million are now beyond $140 million and not available in the market, he said. Mr Malik said the public sector energy companies — Sui Southern Gas Company (SSGC), Sui Northern Gas Pipelines Ltd (SNGPL), Pak-Arab Refinery Co (Parco) and Pakistan State Oil (PSO) had been directed by the government to arrange additional LPG imports to cope with a gas shortage in winters.