PHOTO: FILEAs the private sector is gearing up to import liquefied natural gas (LNG), the Economic Coordination Committee (ECC), in its meeting scheduled for October 7, is likely to allow the grant of new compressed natural gas (CNG) filling station licences based on LNG supply. Sources said the Petroleum Division sent a summary to the cabinet, seeking permission for grant of new CNG station licences based on LNG supply as the private sector had been allowed LNG import. UGDC Chief Executive Officer Ghayas Paracha has praised the government for facilitating the private sector in LNG import, insisting that the duration of load-shedding will go down in winter if the private sector is able to import LNG. Therefore, “public gas utilities are now in a position to provide new gas connections, inter alia, to CNG sector applicants based on LNG supply,” it said. Keeping in view the facts, the Petroleum Division proposed that permission for issuing new CNG licences based on LNG supply may be granted.

Source: The Express Tribune October 06, 2020 03:11 UTC