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ZODIAC

  1. PSO CEO reveals import terminal will be located near Karachi and would take four years to complete
  2. Environmental and regulatory hurdles to pipeline construction have discouraged new LNG terminals on Canada's Atlantic coast
  3. PM Trudeau's Liberal government is now publicly questioning whether terminals can be built fast enough to make difference to Europe's supply difficulties
  4. Energy experts say not an appropriate time, arguing EU, US and Japan imposed sanctions on Moscow after Russia invaded Ukraine
  5. State Minister for Petroleum Musadik Malik warns of load-shedding in July, gas shortage in coming winters
  6. Announcement comes after Pakistan unveiled annual budget aimed at fiscal consolidation as it seeks restoration of IMF's support
  7. The price of LNG increases by $6.22/MMBTU on Sui northern system and $6.87/ MMBTU on Sui southern system
  8. This will help government slash cost of power generation, Petroleum Division official says
  9. PLL decides to buy LNG cargoes with aim to run LNG power plants at full capacity to produce maximum electricity
  10. Hammad Azhar reveals a bill is currently in parliament which seeks to expand LNG access to foreign suppliers
  11. Singapore-based LNG trading company has not disclosed when it aims to deliver term cargo, says a source
  12. Pakistan signs loan agreement with International Islamic Trade Finance Corporation, a subsidiary of Islamic Development Bank
  13. Efforts underway to convince LNG companies who backed out of agreement with PLL to review decision, say sources
  14. Former Senate chairman Raza Rabbani says IMF has completely taken over Pakistan
  15. PLL received the bids with higher prices ranging from $29.8966 to $31.0566 per MMBTU from international LNG trading companies
  16. Energy Minister Hammad Azhar says govt has been able to secure LNG cargoes under a long-term deal
  17. Energy minister says floating storage and regasification unit has been restored ahead of the schedule
  18. PSO cancels one LNG term cargo at $9.6994 per MMBTU and buys in its place an expensive spot cargo at $17.54 per MMBTU, say OGRA sources
  19. Govt under tremendous pressure, compelled to buy cargoes at high prices to avoid load shedding in September, says report
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