LNG secrecy

A Floating Re-gasification Storage Unit has been hired by a private party that will feed gas to the national distribution system. In case of non-utilisation -- for any reason -- the government will pay demurrage in excess of $237,000 per day. Nobody knows what the cost of this imported source

By our correspondents
May 02, 2015
A Floating Re-gasification Storage Unit has been hired by a private party that will feed gas to the national distribution system. In case of non-utilisation -- for any reason -- the government will pay demurrage in excess of $237,000 per day. Nobody knows what the cost of this imported source of energy is at a time when petroleum products and gas energy sources are facing recession worldwide.
Both SNGP and SSGP are already facing losses because of repetitive political interference and large scale theft by influential commercial power consumers. PSO is bogged down with corruption and incompetence while Ogra has been reduced to a tame, white elephant. One hopes the Supreme Court would take notice and order prosecution of ministers, bureaucrats and ultimately the federal cabinet for any negligence or abuse of power.
Malik T Ali
Lahore