Service gives proposition at slicing LNG costs
ISLAMABAD:
The Petroleum Division has proposed that the government should consolidate all LNG terminal and LNG supply contracts in one state-owned entity in an attempt to eliminate multiple margins and extra port handling charges of state enterprises, a move that will slash prices of imported gas by 5% and make it economical for consumers.
At present, different entities are dealing with LNG imports and terminals. Pakistan State Oil (PSO), Sui Southern Gas Company (SSGC), Pakistan LNG Terminal Limited (PLTL) and Pakistan LNG Limited (PLL) are dealing with LNG terminals and imports, putting millions of rupees worth of burden on the consumers.
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