PLL, PGPCL to utilise excess capacity

Category: General

The Economic Coordination Committee (ECC) is likely to approve arrangements between Pakistan LNG Limited (PLL) and Pakistan GasPort Consortium Limited (PGPCL) to utilise the excess capacity of an LNG terminal.  LNG operators have been urging the government to allow the utilisation of idle capacity of terminals as under-utilisation places a burden of multibillion-rupees on consumers on account of capacity charges.  With PLL and PGPCL having reached an understanding to utilise the excess capacity, capacity charges will fall from $0.4177 to $0.383647 per million British thermal units (mmbtu).  Despite third-party access rules in place, state-run gas companies have made it difficult for LNG terminal operators to utilise the idle capacity


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