Karachi-Lahore RLNG pipeline project is critical to energy supply ecosystem: SAPM

News Image

MG News | June 09, 2021 at 11:33 AM GMT+05:00

0:00

June 9, 2021 (MLN): The new Karachi-Lahore RLNG pipeline project is critical to our energy supply ecosystem, Tabish Gauhar, Special Assistant to Prime Minister (SAPM) on Power and Petroleum via his official Twitter handle said.

In his tweet, he said, “A recently signed Protocol to the Intergovernmental Agreement (IGA) with Russia is a step forward.”

For the unversed, Pakistan and the Russian Federation recently signed the amended Inter Governmental Agreement (IGA) for North South Gas Pipeline (NSGPP) of 1,122 kilometers from Port Qasim (Karachi) to Kasur (Punjab) that will increase the capacity of the country to transport the imported gas from the port city to load center of Punjab.

Our local companies (SNGPL, SSGC, PAPCO) are also working on a complementary/alternative proposal to expedite construction and lower total project cost, he added.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 153,966.36
220.48M
0.80%
1225.99
ALLSHR 92,315.63
371.19M
0.50%
457.15
KSE30 46,696.53
103.13M
1.02%
472.91
KMI30 222,292.88
92.17M
1.44%
3161.96
KMIALLSHR 60,009.47
205.97M
0.64%
384.18
BKTi 41,978.02
36.60M
-0.30%
-126.44
OGTi 32,154.23
11.72M
0.24%
76.36
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,645.00 70,905.00
70,175.00
1290.00
1.86%
BRENT CRUDE 99.68 100.49
99.29
-4.81
-4.60%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-10.35
-9.43%
ROTTERDAM COAL MONTHLY 119.50 119.50
119.50
0.50
0.42%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 88.69 89.36
87.80
-3.66
-3.96%
SUGAR #11 WORLD 15.90 15.91
15.40
0.38
2.45%

Chart of the Day


Latest News
March 24, 2026 at 09:37 PM GMT+05:00

Trump amplifies Pakistan’s offer to host Iran talks


March 24, 2026 at 04:52 PM GMT+05:00

Unity Foods legal battle takes mediation route


March 24, 2026 at 04:46 PM GMT+05:00

PSX Closing Bell: Bull Dances to the Beat


March 24, 2026 at 04:21 PM GMT+05:00

Hoechst Pakistan explores strategic expansion


March 24, 2026 at 04:18 PM GMT+05:00

PKR edges higher vs USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg