Singapore: Spot prices for liquefied natural gas in Asia rose this week to their highest level this year so far, tracking gains in European gas and amid cooler temperatures in both regions. Industry sources estimate that the average price of LNG for January delivery to Northeast Asia rose to $14.60 per million British thermal units. … Read more
Workers stand near a gas pipeline during a construction launch ceremony for the TAPI project on the Afghan section of the natural gas pipeline that will connect Turkmenistan via Afghanistan to Pakistan and India, near the town of Sirhtabat, Turkmenistan, February 23, 2018. Reuters Pakistan will be given “transit fees worth $500 million annually” without … Read more
Saudi oil company Aramco opened its first fuel retail station in Pakistan on Tuesday, after acquiring a 40% stake in Pakistan Gas & Oil (GO) earlier this year. GO, one of the country’s leading fuels, lubricants and convenience store players, boasts a network of over 1,200 retail outlets across the country. The cooperation with Aramco, … Read more
Representative picture of a gas stove. – AFP/File SNGC MD says gas demand increases three times in winter. Amer Tufail says restrictions on new gas delivery will continue. He says SNGC does not take subsidy from the government. LAHORE: Despite the three-fold increase in gas demand during the winter, SNGC will ensure gas supply during … Read more