The Federal Government’s plan to provide new domestic gas connectivity based on liquid natural gas (LNG) has become a controversial issue, which is concerned with high costs and conflicting positions among ministries.
According to the Oil and Gas Regulatory Authority (OGRA), local natural gas is about 65 65 % more expensive. Air spokesman confirmed that the average price of local gas in Pakistan RS. 1,836.93 per MMBTU, while imported LNG is priced on average. 3.034 per MMBTU.
OGRA officials said that LNG is being imported under long -term contracts, Pakistan brings about 10 cargo every month.
This problem follows the first refusal of the Power Division by using expensive imported LNG. Federal Minister for Power Owais Lanhani has recently made it clear that he will not accept expensive imported gas for power generation. He advised the Petroleum Division to review the existing gas agreements, saying that if more gas agreements were signed, the only permanent solution to the renewal was.
Legacy stressed that changing the economic merit order would be considered a serious mistake and said that it would not be in any case.
Petroleum Minister Ali Pervez Malik expressed his complaints in a television program, saying that despite the large quantity of purchases for power plants, power division is no longer buying imported gas. Laghari, in response, reaffirmed his position to reject the supply of expensive LNG and called for review of the agreements through the Petroleum Division.