LNG – Updates Wave

former prime minister shahid khaqan abbasi photo express news

NAB withdraws LNG reference against Abbasi

PAKISTANUpdated:May 1, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD: The National Accountability Bureau (NAB) on Tuesday withdrew the liquefied natural gas (LNG) reference against former premier Shahid Khaqan Abbasi. The decision came during the hearing of the LNG reference presided by Judge Nasir Javed Rana of the accountability court. During the hearing, NAB withdrew its reference against the former premier and all other…

Return of LNG reference is proof of Shahid Khaqan’s innocence, Saad Rafiq

PAKISTANUpdated:May 1, 2024ShareTwitter FacebookEmailLink

" Pakistan Muslim League (N) leader and former federal minister Khawaja Saad Rafique has said that the return on the merits of the LNG reference against critics of the current government, Shahid Khaqan Abbasi and Miftah Ismail, is proof of their innocence. In one of his messages on social media website X (formerly…

Six years later, NAB withdraws LNG reference against Shahid Khaqan Abbasi

PAKISTANUpdated:April 30, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD: The National Accountability Bureau (NAB) on Tuesday withdrew the liquefied natural gas (LNG) reference against former premier Shahid Khaqan Abbasi. The decision came during the hearing of the LNG reference presided by Judge Nasir Javed Rana of the accountability court. During the hearing, NAB withdrew its reference against the former premier and all other accused…

Shahid Khaqan Abbas, other accused acquitted as NAB withdraws LNG reference

BREAKING NEWSUpdated:April 30, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD (92 News) - Former prime minister Shahid Khaqan Abbasi was given a big relief by the National Accountability Bureau (NAB) by withdrawing the LNG reference on Tuesday. After the withdrawal of the reference, Accountability Court Judge Nasir Javed Rana acquitted all accused, including former prime minister Shahid Khaqan Abbasi. According to the NAB,…

prime minister shehbaz sharif is with azerbaijan president ilham aliyev in astana photo courtesy facebook government of pakistan file

Azerbaijan seeks to resume LNG supply

BUSINESSUpdated:April 24, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD: Azerbaijan has emphasised that Pakistan should resume imports of liquefied natural gas (LNG) from the Central Asian nation to meet its growing domestic consumption needs. Earlier, during the tenure of the Pakistan Democratic Movement (PDM) government, the two sides signed an agreement for import of at least one LNG cargo per month. …

the circular debt in rlng chain has been on the rise because of prolonged delay in application of the weighted average cost of gas photo file

” LNG diversion leads to gas price hike ” | Current Pulse | Business

BUSINESSUpdated:March 29, 2024ShareTwitter FacebookEmailLink

" LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) has emphasised that the cost of human resources accounts for only 4% of the total gas price, where 94% is the cost of gas and the remaining is the return on capital expenditure. According to an SNGPL spokesperson, one of the key reasons behind the increase in…

” Gas crisis looms as $1bn diverted to domestic sector ” | Current Pulse | Business

BUSINESSUpdated:March 24, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD: The gas sector braces for another blow as approximately $1 billion is earmarked for diverting expensive RLNG to the domestic sector in a bid to alleviate the gas crisis anticipated in the fiscal year 2024-25. State-owned oil and gas entities are already staggering under the weight of a circular debt amounting to Rs710 billion,…

” LNG prices raised up to 2.6% for March ” | Current Pulse | Business

BUSINESSUpdated:March 21, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD: The Oil and Gas Regulatory Authority on Wednesday increased the tariff on imported liquefied natural gas up to 2.6% per million British thermal units for the two public gas utilities, namely Sui Northern Gas Pipelines Limited and Sui Southern Gas Company with retrospective effect from March 1, 2024. In a statement, the regulator…