ISLAMABAD – \u00a0 Central leader of All Pakistan Compressed Natural Gas Association (APCNGA) Ghiyas Abdullah Paracha said the government had laid the foundation of the CNG industry\u2019s complete revival by allowing private sector players to participate in the Liquefied Natural Gas (LNG) business. \u201cThe present government has taken a key step towards revival of the CNG industry that was once considered the country\u2019s one of biggest sectors when 3.7 million petrol and diesel-run vehicles were switched over to it (CNG) and millions of people got employment. Foundation of its revitalisation has been laid with opening up the LNG sector,\u201d he said while talking to media. Paracha, who is also CEO of Universal Gas Distribution Company (UGDC), said the date for private LNG import, mainly for CNG stations, would be announced within the next few weeks. With promotion of the CNG industry, he expressed confidence that environmental pollution and public transport charges would come down significantly, investment amounting to Rs400 billion to pour in the business of latest CNG equipment \u00a0during next five years and approximately 800,000 people would get jobs. He said latest CNG kits giving 15 percent extra mileage would now be available in the country, which were currently in the test phase. \u201cSamples of the equipment have arrived and are being tested in 10 vehicles, which are proving extra efficient as compared to previous ones.\u201d He said the specialty of the new kits was that they would work on dual injectors like EFI (Electronic Fuel Injection) engines and give better pick as compared to other fuels. \u201cSetting of this equipment in vehicles will be performed through a mobile app and there will be no need of going to any workshop,\u201d he added. He was of the view that more vehicles would switch over to CNG as APCNGA was in process of negotiations with motor manufacturers and assemblers for installation of the latest CNG kits in their vehicles. Oil and Gas Regulatory Authority (OGRA) has recently granted the first-ever marketing licences to two companies for undertaking regulated activities with regard to the sale of natural gas and LNG, under the ease-of-doing-business plan introduced by the PTI govt.<\/p>\n\n\n\n
Besides, it issued two \u2018provisional licences\u2019 of supplying LNG through cryogenic bowsers to consumers especially where the regular gas transmission network does not exist.<\/p>\n\n\n\n
The authority allowed Tabeer and Energas companies for the regulated activity of the sale of natural gas and LNG for an initial period of 10 years, subject to fulfillment of execution of Gas Transportation Agreements with Sui Southern Gas Company (SSGC) and Sui Northern Gas Pipelines Limited (SNGPL), service agreements for metering\/billing to the consumers and safety issues, LNG supply agreements, besides signing of contracts with LNG terminal operators.<\/p>\n\n\n\n
Whereas, the \u2018provisional licences\u2019 were issued to the LNG Easy (Private) Limited and Daewoo Gas Private Limited\u2019 companies to pursue the LNG virtual pipeline project for supply of the commodity through cryogenic bowsers.<\/p>\n\n\n\n
The provisional licences would enable the virtual pipeline companies to complete all formalities under rules and apply for carrying out LNG regulated activities in the country.<\/p>\n\n\n\n
The new licences would help encourage healthy competition in the gas market, support the national economic growth and ensure a reliable supply of energy to the consumers of natural gas throughout a year across the country.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD – \u00a0 Central leader of All Pakistan Compressed Natural Gas Association (APCNGA) Ghiyas Abdullah Paracha said the government had laid the foundation of the CNG industry\u2019s complete revival by allowing private sector players to participate in the Liquefied Natural Gas (LNG) business. \u201cThe present […]<\/p>\n
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