gas crisis in pakistan
A big trouble is going to arise in Pakistan. Actually, the gas crisis is going to come before this winter in the country, due to which the fleet of the neighboring country can be damaged. Actually, Pakistan LNG Limited (PLL) had floated the tender on 11 September, but it was unable to attract LNG trading companies. Eight LNG cargo ships have been requisitioned by the government so that four can be used in December and four in January. This simply means that when the demand for gas is at its peak in December and January, Pakistan will not be able to import it.
Instead Pakistan will be able to import only 990 mmcfd of gas every month with a shortfall of 300 million cubic feet per day (mmcfd). In November, Pakistan will import only 1 bcfd against 1.2 billion cubic feet per day (bcfd) capacity. With no response from the LNG trading companies, PLL’s 600 million cubic feet per day capacity at the Pakistan Gasport Consortium Limited (PGPCL) terminal will be reduced to 300 million cubic feet a day in both December and January.
Public troubled by inflation will increase trouble
A senior official of Pakistan’s Energy Ministry said, ‘This will be a double threat to the government. Strong political reaction can be seen from the people who have been facing high inflation for a long time. “Local gas production has fallen to 2.8 bcfd and the country may import 1.2 bcfd of LNG, which will not be fully exploited in the coming winters,” the official said. Demand goes up to five bcfd in winter, while the country has not been successful in procuring eight LNG cargoes for use in December and January. Because of this the bass of the country will be only 3.7 bcfd.
Serious gas crisis in Sindh province
Earlier, news broke that Pakistan’s Sindh province was facing a serious gas crisis and it intensified as companies halted gas supply to non-export industries for three days. According to Geo News report, Sui Southern Gas Company (SSGC) in Sindh is facing acute shortage of gas pressure along with lack of RLNG (Re-Gasified Liquid Natural Gas) supply. Due to the crisis, gas supply to private power plants including non-export industries was suspended till Monday. The SSGC has said that the delay in the arrival of LNG vessels led to the crisis.
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