LNG price internationally dropped to $4 but Pakistan lodged in a 15yr contract.

[Zane_K]

what about all the other extremely inflated prices of EVERY OTHER DAMN THING?
maybe if this Govt comes out of the past, maybe, just maybe they may do something good for once

Hmm.. or is it that this Gov is having to deal with the crap left by the ‘thieves in law’

Sir your post is not making sense. If decrease in price is due to world evonomic situation then it is also applicable on prices therefore ratio of lng spot prices v/s oil rates should have been within a certain threshhold. If you can validate your point by sharing ratios of lng v/s brent spot prices in 2014 and 2015 it will be great. Furthermore how much discount did we get by entering into a 15 year contract considering that in 2015 renewable energy was already cheaper and electric cars were also available and everyone was predicting reduction in demand of fossil fuel in a decades time.

Looks interesting.. unfortunately bit to technical for my wee brain.

 

[El Sidd]

Looks interesting.. unfortunately bit to technical for my wee brain.

stick to Yobsville then

https://defence.pk/pdf/threads/savage-memes.648852/

 

[Zane_K]

stick to Yobsville then

https://defence.pk/pdf/threads/savage-memes.648852/

You got a smile out of me there Mr Troll, though my Yobsville days are over .. I’ve been promoted.

 

[El Sidd]

You got a smile out of me there Mr Troll, though my Yobsville days are over .. I’ve been promoted.

You won't ever make the brahmin class.

However if you have ever talked bad about Pakistan. Remember in your final hours, i will begin fresh off a slumber.

 

[Dubious]

When cases most of time are being decided over just circumstantial evidence that happens,on lighter the higher in Pakistan you go in Pakistani Judical system more corrupt and less accountable it becomes.
On lighter note corrupt and incompetent are going to make a case leaving enough room most of times for case being dismissed,while cunning,corrupt and unaccountable are going to decide that case.You can perdict the outcome.

Our system isnt the best....I agree
Nor is anyone saddiq nor ameen
But 1 court overruling another seems to show that SOME courts have different rules...The CJP needs to look into this!

 

[Zane_K]

stick to Yobsville then

https://defence.pk/pdf/threads/savage-memes.648852/

By the way I’m hearing wh

You won't ever make the brahmin class.

However if you have ever talked bad about Pakistan. Remember in your final hours, i will begin fresh off a slumber.

Eh? There you go off on a tangent...again.

 

[ziaulislam]

there is glut in LNG market
the world simply has too much LNG
prices will thus never go up unless a cartel is formed

the key player here will be USA
if USA enters than LNG price fall Will be permanent
as USA has anticartel laws

 

[Turingsage]

"On February 5, Reuters reported: “India’s Reliance Industries purchased an LNG cargo via tender on Wednesday at $2.80 per mmBtu.” On February 11, The News reported: “The new price of RLNG for SSGC system has been fixed at $11.1943 per mmBtu, which was $10.4602 during the last month.” I really do not understand the huge price differential."

https://www.thenews.com.pk/print/614589-the-real-disease

 

[ziaulislam]

so far there is no sight of cartel being formed as everyone is battling for market share...
with renewable energy getting now cheaper and cheaper and battery technology evolving, anyone smart will know that sooner or later its going to kick out even gas/lng..so making a cartel and keeping it expensive will be counter productive and will just speed up the process

best for Pakistan is now solar..its cheaper than gas..this happened in last couple of years..

pakistan should work on hydro solar combo, using solar during the day and its large as a battery during night production, this will work especially at night..

just covering tarbela dam top with solar panels can give you enough energy to power all pakistan

per sq km can you give you about 1000mw..trabela lack is around 70 km long, and very near to major load centers of Islamabad, pindi and lahore

 

[El Sidd]

By the way I’m hearing wh


Eh? There you go off on a tangent...again.

stick to Island politics. Pakistan is many many miles and moons away

 

[Jungibaaz]

It’s easy to criticise this move, but it was done to hedge upwards price risk and ensure stable supply, as pointed out earlier. The cost is realised when prices fall below spot price, but that’s sometimes better than taking the risk and paying for it.

It is why lots of businesses hedge FX, commodities, rates risk using financial derivatives and fixed contracts. This move doesn’t warrant much criticism on Abbasi IMO, much less unproven allegations of corruption.

I wish the messed up court / judges would make him pay from his pocket the difference for 15 years!But alas the courts themselves arent clean enough to show justice!

 

[Zane_K]

stick to Island politics. Pakistan is many many miles and moons away

Are you not in Canada? Some 6297.47 nautical miles from Pakistan.
Or are you on one of them little islands all by yourself with your WiFi router?
( see what I did there ?)

 

[El Sidd]

Are you not in Canada? Some 6297.47 nautical miles from Pakistan.
Or are you on one of them little islands all by yourself with your WiFi router?
( see what I did there ?)

I am legally bound to one state only, Pakistan.

You can present a Brits POV which does not include meddling in Pakistani affairs?

 

[Zane_K]

I am legally bound to one state only, Pakistan.

You can present a Brits POV which does not include meddling in Pakistani affairs?

Mr Troll .. I have a very valid interest in Pakistan but hey ... keep on trucking..

 

[El Sidd]

Mr Troll .. I have a very valid interest in Pakistan but hey ... keep on trucking..

Let me take a wild guess.

Ancestral inheritance and business ventures which create triple returns than what you would get in UK?