Govt will give guarantees for building third LNG pipeline
Federal government has agreed to provide guarantees for raising Rs. 175 billion for building a third liquefied natural gas (LNG) pipeline for the supply of imported gas to Punjab .Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi said this while giving a briefing to the Senate Standing Committee on Finance and Revenue. Abbasi said guarantees will be provided on the basis of strength of the Gas Infrastructure Development Cess (GIDC) funds.
Topic: Thar coal projects to begin operations by June 2019
The first phase of Thar coal-fired power projects is likely to begin commercial operations by June 2019, about four months ahead of its deadline. This was stated in a briefing to the media visiting the site to witness progress. Commercial production of the project would begin by June 2019 instead of October 2019 It was told that 14.2% of the total work had been completed This is the first coal-fired power project in Thar, and it is one of the leading energy projects of the China-Pakistan Economic Corridor (CPEC).
Host: Shehryar Ahmad