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Hi, It's just sad, whatever Sheikh Rasheed did or didn't do, the buck stops at PM. His words are indefensible, will leave deep wounds, which will be hard to heal. The optics of these are too damaging.

This is so sad. I had better hopes from PM IK. All this could have been easily avoided. I really wish and hope these pictures will not become IK premiership's legacy. Extremely poor choice of words.

Merry Christmas

Hi, I am guessing you haven't read the article. If you had, you would have appreciated the lengths Petroleum Division has gone to minimize the effects of ill conceived, poorly planned and hastily executed decisions of PMLN government, as pointed out in the article you have shared. "The Special...

Hi, The article I shared, is not implying what you are concluding. The demand for RLNG was 650mmcfd (~12,603.5 tpd LNG), 627mmcfd (~12,157.59 tpd LNG) was provided, leaving shortage of 23mmcfd (~445.97 tpd LNG), as per CCPA claim for October 2020. Nepra has asked them to produce documentary...

https://dunyanews.tv/amp/english/581255.php

Hi The article you shared says the government produced 25.59% (1913.99 GWh) of total power generated ( 7479.40 GWh ) from RLNG based power generators in November. "The share of RLNG based power decreased from 2851.04 Gwh or 27.83 per cent in October to 1913.99 GWh or 25.59 per cent in...

Hi, Thanks for the reply and a happy new year. A better detailed and balanced article, providing arguments of both sides, is published in BR. Here it is, Rs1.06 per unit increase in tariffs of Discos calculated Mushtaq Ghumman Updated 31 Dec 2020 ISLAMABAD: National Electric Power...

Hi, Can you please provide a reference. The only news related to NEPRA and close to Rs. 15B amount I can find on internet is below; https://www.samaa.tv/news/2020/12/rs14b-in-relief-for-industries-as-nepra-reduces-power-prices/ If you are referring to another piece of news, please provide a link.

Hi, Can you please quote references for these assertions. I can't find reference to Rs. 15B fine, and for that matter, the rest of your post.

Hi, I think my earlier post was missing some clarity, please let me clarify and add to my earlier post. The intention of my earlier post was not a suggestion for Pakistan to cower down due to threats of US sanctions, but was to use these threats to our advantage, and renegotiate a better...

Hi, Apart from all the geopolitics involved with the project, the price linked to JCC (Japnese Crude Cocktail) makes it very unattractive to Pakistan's market, specially when the LNG market is moving from Brent linked to HH (Henry Hub)/ Dutch TFF linked future contracts. Unless a better price...

Hi, In the same tweet, they also said only 3 tenders were awarded once the demand was confirmed. What good floating a tender when demand isn't confirmed? This seems to be quite rational explanation for not opting to repeat the same thing in 2020 doesn't it? In your opinion, what benefits could...

Hi, Please read the tweet again. What you have interpreted of it, is not what is being said. I think you comprehended the tweet incorrectly. If a tender (hypothetically) for December delivery is issued in June, what in your opinion the reference to price sellers will be quoting based upon...

Hi, The prices quoted are actually lower than the cargoes sold in Asian markets for February deliveries and are following market trends. For example, Vitol sold a cargo to Trafigura for $13.55/mmbtu (delivery window 3-7 Feb) and bought a cargo from BP for $10.30/mmbtu (delivery window 24-26...

Merry Christmas everyone.