New domestic consumers to benefit from RLNG supply amid local gas scarcity

RLNG cost of $12/ MMBtu will be recovered from the inhabitants as 200 housing societies require gas connections

New domestic consumers and private housing societies will be supplied with imported re-gasified liquefied natural gas (RLNG) as the caretaker government has approved the policy in view of the depleting natural gas production. 

The News Reported, quoting a senior official in the Energy Ministry, that this decision was made by the Apex Committee of Special Investment Facilitation Council (SIFC) in its 9th meeting.

As per the approved policy, the RLNG cost of over $12 per MMBtu (Rs3700 per MMBtu) will be fully recovered from the inhabitants of the housing societies, including transportation and distribution allowed losses. 

The official said that about 200 housing societies require gas connections, but the government has informed them that Pakistan’s natural gas production has dropped to just 3.2 billion cubic feet per day (bcfd) and is expected to deplete further in the next six to seven years.

There was no moratorium on the provision of RLNG to housing societies, but gas companies were under the wrong impression because of the ban on local gas connections imposed by the federal cabinet in 2017, he clarified.

He added that the Petroleum Division authorities have decided to issue clear directions to the gas companies to start giving RLNG connections to all housing societies that are not connected to the existing gas distribution network.

Monitoring Desk
Monitoring Desk
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.

5 COMMENTS

  1. I am glad I came across HACKWEST AT WRITEME D0T C0M after I was scammed over $556k of my life savings in Bitcoin. I was lured into investing in something I later discovered was scam but Hack West came to my rescue. He didn’t stop at that, he also fixed my credit score and cleared all my debts. I don’t know how best to appreciate West and his team mates but to let the world know about them and what they do. So if you’re in need of a hacker kindly write them now. P.S: I wasn’t in any way paid to write this 5-star review. This is my personal experience and I chose to share.

  2. If by any chance you were a victim of mining or investment scheme that required you to send your personal asset, money or cryptocurrency in any form to a third party then you obviously need some light in this dark tunnel. I have been a crypto holder since 2014 and was a victim of the Quadriga scheme in 2016. All the red flag right there but it was too late. Luckily I found an article where I was able to report and reclaim my lost asset, Now take a look at this article where you can Report and reclaim your crypto loss via recoveringAtusa com. you’d find all your missing pieces

  3. The world has evolved, lot of phishing and scam on cryptocurrencies . its very important to know that a source is legit before investing and most importantly safe guarding and upgrading security concerning your crypto like two factors authenticators and all necessary precautions .. although there are lot of good coders and hackers like recovering ATusa com that make it easier to recover stolen cryptocurrencies and of course only few are able to get theirs in full

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

US chips are ‘no longer safe’ to buy, Chinese industry bodies...

BEIJING: Chinese companies should be wary of buying US chips as they are “no longer safe” and buy locally instead, four of the country’s...