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Hi, He should leave this to Tabish Gohar or Hammad Azhar or atleast ask them for correct prices. Pmln contract with Qatar was at 13.37% and not at 13.7%. Hi, Please read the article you shared and you will have your answer.

Hi, It is an unfair characterization. They took a gamble and it didn't work, there was always risk attached to it. They cancelled the tender when the prices started to fall, it was a bold move. However, they got lower prices for the first two windows (C1 & C2), and got higher for the last two...

Hi, Mostly as Vendors/ OEM representatives for installing, commissioning, and training Pak crew on machinery bought from China, specially at SITE area, where this unfortunate incident happened. You can find Chinese involvement in almost all factories down there, industries include polymer...

Hi, At the moment, for Lng storage, it's only a proposal, Tabish Gohar had initial talks with Dutch, but apparently those were not fruitful. He had proposed to construct them with our own finances (GIDC) but that also seems unlikely. In my opinion, an above ground storage facility without an...

Well, the gamble didn't work. Gunvor and PetroChina place lowest offers for Pakistan LNG tender Offers suggest that spot prices for LNG are expected to climb to above $15 per million British thermal units (mmBtu) this week, a new multi-month high Reuters 28 Jul 2021 SINGAPORE: Gunvor and...

Pakistan Stream Gas Pipeline: Pakistan wants Russia to increase shareholding up to 49pc Khalid Mustafa July 28, 2021 ISLAMABAD: In a shocking development, Pakistan has asked Russia that it has no money to fully fund its 74 percent shareholding in the $3 billion project of Pakistan Steam Gas...

Four-day talks on PSGP successfully conclude: Deal done on $2.5 bn gas pipeline with Russia Khalid Mustafa July 16, 2021 ISLAMABAD: In a major breakthrough, Pakistan and Russia here on Thursday successfully concluded the talks and signed the Heads of Terms (HoT) and Shareholders Agreement...

https://www.brecorder.com/news/40106621 Gas pipeline: Russia concerned at reports? Mushtaq Ghumman Updated 12 Jul 2021 ISLAMABAD: Russia is said to have expressed its concerns over reports that Pakistan is considering working out alternate plan to construct the $ 2.5 billion Pakistan- Stream...

A very interesting interview by Hammad Azhar on the topic (28-40min).

Hi, The market is too tight, and we might see this decision backfiring upon us, nonetheless it is an appreciative move on PD's part, a sly move, even if it fails to achieve desired outcome. Pakistan needs to review it's baseline Rlng requirements and have to think beyond the guaranteed...

From the horses mouth: "The new LNG terminal operators will sign agreements on a take-or-pay basis regarding the allocation of pipeline capacity following the model of existing LNG terminals." https://tribune.com.pk/story/2310107/new-gas-pipeline-to-be-built-for-uninterrupted-lng-supply

Hi, Although, a disappointing move, but I believe PTI is playing cheeky with Russians. This RLNG III pipeline seems more of an afterthought for extracting further benefits from Russian side, specially during construction and operation (O&M) phases. Atleast, the IK supporter in me, wants to...

Hi, The cancelled tender's evaluation is present on PPRA website and can be downloaded from here. https://www.ppra.org.pk/elv/7/pll8721.pdf What should be government's response other than cancelling tender? Should they have accepted bids at higher prices and produced electricity at a cost...

https://www.bolnews.com/latest/2021/06/pakistan-seeks-eight-lng-cargoes-for-september-october/?amp Tender: https://www.ppra.org.pk/tdoc/6/PLL%20IFB%20LNGT-39%2018x2.jpg Evaluation: https://www.ppra.org.pk/elv/7/pll8721.pdf Pakistan has cancelled this tender. It's a bold but calculated...

ISGS MD dropped from TAPI delegation Lower rank official becomes part of committee to negotiate gas price with Turkmenistan Zafar Bhutta July 07, 2021 ISLAMABAD: The government has dropped name of Inter Gas State Systems (ISGS) managing director (md) from a delegation to negotiate gas price...

CCoE asks PD to decide whether it wants to build PSGP or LNG-III pipeline Khalid Mustafa June 25, 2021 ISLAMABAD: The Cabinet Committee on Energy (CCoE), in its meeting on Thursday, asked the Petroleum Division (PD) to come up with a clear mind after one month if it wanted to build the...

The government is in a very early stage of discussions for developing above ground storage facilities for LNG, Vopak is a natural first choice, owing to their LPG storage facility at Karachi, with a 80,000+ cubic meters installed capacity. But still an onshore regasification facility would have...