• Download the Constitution of Pakistan
  • Advertise
Thursday, May 15, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
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
Share on FacebookShare on TwitterLinkedinWhatsapp

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

Related Posts

Agriculture sector being developed on modern lines: PM

Agriculture sector being developed on modern lines: PM

by News Publishing
May 15, 2025
0

Prime Minister Muhammad Shehbaz Sharif has said agriculture sector is being developed on modern lines to achieve agricultural self-reliance. He...

IMF PAK

Pakistan Gets $1.023B from IMF, Begins 2025-26 Budget Talks

by Anum Arif
May 14, 2025
0

Islamabad – Wednesday, 14 May 2025:The State Bank of Pakistan (SBP) confirmed on Wednesday that it has received the second...

Aurangzeb Minister

Aurangzeb: India Tensions Have Minor Economic Impact

by Anum Arif
May 13, 2025
0

Federal Finance Minister Muhammad Aurangzeb has downplayed concerns over the economic repercussions stemming from recent military tensions between Pakistan and...

KSE-100 Surges Past 120,000as Ceasefire, IMF Funding, andTax Relief Fuel Market Rally

KSE-100 Surges Past 120,000as Ceasefire, IMF Funding, and Tax Relief Fuel Market Rally

by News Publishing
May 13, 2025
0

The Pakistan Stock Exchange (PSX) extended its historic rally on Tuesday, with the benchmark KSE-100 Index climbing back above the...

PKR and Dollar

PKR Rises Amid Trade Truce Optimism

by Anum Arif
May 12, 2025
0

The Pakistani rupee showed early signs of strength on Monday, appreciating 0.1% against the US dollar in the inter-bank market...

PSX skyrockets nearly 10,000 points as ceasefire lifts investor confidence

PSX skyrockets nearly 10,000 points as ceasefire lifts investor confidence

by News Publishing
May 12, 2025
0

The Pakistan Stock Exchange (PSX) witnessed a historic rally on Monday, with the benchmark KSE-100 index surging over 9% following...

Next Post
Bill Gates

PM Imran, Bill Gates discuss polio eradication, pandemic response

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters