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 153,873.23
148.24M
1.25%
1900.24
ALLSHR 92,172.35
249.87M
1.09%
993.50
KSE30 47,016.30
65.03M
1.49%
689.83
KMI30 214,638.60
60.37M
1.16%
2468.43
KMIALLSHR 58,894.88
126.89M
0.88%
512.50
BKTi 45,179.26
19.24M
1.97%
873.23
OGTi 29,493.68
6.06M
1.33%
386.88
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 66,185.00 67,760.00
64,325.00
-1640.00
-2.42%
BRENT CRUDE 71.88 71.96
70.69
0.12
0.17%
RICHARDS BAY COAL MONTHLY 96.00 0.00
0.00
-3.50
-3.52%
ROTTERDAM COAL MONTHLY 107.95 107.95
107.95
0.30
0.28%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 66.60 66.67
65.38
0.12
0.18%
SUGAR #11 WORLD 14.05 14.10
13.78
0.18
1.30%

Chart of the Day


Latest News
March 03, 2026 at 09:37 AM GMT+05:00

Engro holdings expands tower footprint to 15,000+


March 03, 2026 at 09:34 AM GMT+05:00

PSX Opening Bell: Rebound in Play


March 03, 2026 at 09:03 AM GMT+05:00

HALEON profit soars 39%, declares Rs15 dividend


March 03, 2026 at 08:42 AM GMT+05:00

Cement dispatches rise 12.5% in Feb


March 03, 2026 at 08:41 AM GMT+05:00

Asia markets slide on Iran tensions, oil surges



Top 5 things to watch in this week

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