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Lng supply: ‘SNGPL has to compensate Rs6.944b to PSO’
- Updated: August 9, 2016
The officials pronounced that a LNG reserve were being organised by PSO by rival behest routine as good as underneath a government-to-government arrangements from Qatar. PHOTO: FILE
ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has to compensate Rs6.944 billion to a Pakistan State Oil (PSO) on comment of Liquefied Natural Gas (LNG) reserve after a nation started importing a gas in Mar final year, suggested officials in a Ministry of Petroleum and Natural Resources.
As per a procedure, they simplified that energy plants were creation payments to SNGPL, that needs to brazen a payments to PSO for squeeze of LNG.
“The association pays to PSO all collections perceived from RLNG consumers and it has paid Rs82.768 billion opposite invoiced volume of Rs89.712 billion,” a officials added.
In a final month, SNGPL paid Rs8.981 billion to PSO, while a remaining volume would be paid on collection of a billed volume from Regasified Liquefied Natural Gas (RLNG) consumers. The officials pronounced that a LNG reserve were being organised by PSO by rival behest routine as good as underneath a government-to-government arrangements from Qatar.
Published in The Express Tribune, Aug 10th, 2016.
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