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Home Business

Govt thinks to replace LNG Terminal to Prevent Energy Shortage and Litigation Crisis

by Web Desk
June 24, 2021
in Business, Economy
Reading Time: 1 min read
0
LNG
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The issue of the dry docking of the Engro LNG terminal has been a cause for worry for the government and customers alike for the past few weeks. This closure can lead to potential supply disruption and energy shortage in the country.

“There has been [an] exchange of more than 60 letters between the parties — Sui Southern Gas Company Limited ((SSGCL) and Engro Elengy Terminal Limited (EETL) — on dry-docking of the Floating Storage & Regasification Unit (FSRU), since January 2019,” a senior official told a local media outlet.

Now, amidst this crisis, it appears that the government has decided to replace an existing LNG terminal in order to prevent the shortage. This is also being planned to avoid international litigation over the delays in managerial and operational decision-making, Dawn News reported on Thursday.

Tags: dry-dockingEETLEnergy ShortageFSRULitigation CrisisLNGLNG TerminalSSGCL
Web Desk

Web Desk

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