Engro Elengy Terminal sets new industry records in five years of successful operations

Karachi: The first Liquified Natural Gas (LNG) terminal of Pakistan operated by Engro Elengy Terminal (EETL), a joint venture between Engro Corporation and Royal Vopak of the Netherlands, has set new industry records during its five years of safe and reliable operations to ensure energy security for Pakistan. Since the… Continue reading

All hurdles removed in provision of economical CNG OGRA has started issuing licences for new CNG stations Masses will get fuel that is 40 percent cheaper: Ghiyas Paracha

The All Pakistan CNG Association (APCNGA) on Monday said the government is promoting CNG to reduce urban pollution, cut oil import bill and increase employment. The government has taken a number of commendable steps including removing the ban on setting up new CNG stations, said Ghiyas Abdullah Paracha, Central Chairman… Continue reading

GasPort LNG Terminal achieves ISO certifications 

KARACHI: Pakistan GasPort Consortium Limited (PGPCL), which owns LNG storage and regasification terminal at Port Qasim, has received ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications by Bureau Veritas Certification Holding SAS—UK Branch for its compliance to global standards for management system standards in LNG, transfer, storage, regasification and RLNG… Continue reading

Excelerate Energy and Engro Elengy Terminal Agree to Expand Pakistan LNG Import Terminal

Islamabad: Excelerate Energy L.P. (Excelerate) and Engro Elengy Terminal Ltd (EETL) have signed a Heads of Agreement (HOA) for the expansion of the EETL liquefied natural gas (LNG) import terminal located in Port Qasim, Pakistan. Under the agreement, Excelerate will exchange its existing floating storage and regasification unit (FSRU) Exquisite… Continue reading

PetroChina shortlisted for February 2020 LNG supply

KARACHI: Pakistan LNG Limited (PLL) has shortlisted PetroChina International Singapore for supply of, 140,000 cubic meters LNG cargo to be supplied in February 2020. PetroChina International Singapore offered the price at 8.594 percent of Brent crude for the cargo to be delivered on February 16-17, 2019. Four companies including Gunvor… Continue reading

Total partners With Adani Group to supply and market natural gas in India

PARIS–(BUSINESS WIRE)–As part of its strategy to develop new gas markets, Total, the world’s second-largest LNG player, expands its partnership with the Adani Group; the largest energy and infrastructure conglomerate in India, to contribute to the development of the Indian natural gas market. The Indian natural gas market represents a… Continue reading

Nakilat acquires 49.9% of the capital of OSG Nakilat Corporation

DOHA: Qatar Gas Transport Company (Nakilat) has issued the supplementary disclosure on the acquisition transaction by its subsidiary Nakilat Marine Services Limited in accordance with the merger and acquisition system issued by Qatar Financial Markets Authority. Nakilat has acquired OSG for $123 million as an investment opportunity in acquiring partner’s… Continue reading

HMS Group and NOVATEK agree on localization of LNG equipment

MOSCOW: HMS Group announced today that the company and PAO NOVATEK signed a Memorandum on strategic partnership, which aims the further development of mutual cooperation in a field of design and manufacture of first-of-its-kind-in-Russia equipment for LNG projects. The Memorandum sets the general principles and main directions of mutually beneficial… Continue reading

UGDC ink deal with Trafigura for terminal capacity, supply of gas

KARACHI: Universal Gas Distribution Company (UGDC) and leading Singapore based Commodity Multinational, Trafigura have reconfirmed their cooperation agreement for the terminal capacity and supply of LNG to UGDC. Trafigura has a long-standing presence in Pakistan and it owns the excess capacity, which is the capacity not contracted by PLTL, in… Continue reading