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Thursday, October 28, 2021

Gasoline disaster: CNG stations reopen throughout Sindh

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  • CNG stations reopen after six-day closure
  • Pakistan’s gasoline disaster to possible worsen

KARACHI: After a six-day closure, CNG stations reopened on Sunday throughout Sindh. 

Initially, Sui Southern Gasoline Firm (SSGC) had introduced the closure of CNG stations for 3 days beginning January 11 in wake of the gasoline disaster that has gripped the nation. 

The period, nonetheless, was prolonged and after one other 24 hours delay, the gasoline stations reopened at 8:00am on Sunday. 

Gasoline disaster

Pakistan’s gasoline disaster will possible proceed with the Dubai-based Emirates Nationwide Oil Firm (ENOC) backing out of its dedication to supply LNG cargo.

A report in The Information mentioned that the Emirati firm had gained an LNG cargo contract for supply on February 23-24 with lowest bid at 23.4331% of Brent (equal to $11.70 per MMBTU) however in a contemporary communication the corporate mentioned it will not be capable to present the LNG cargo to Pakistan.

The Dubai-based firm’s failure to honour its dedication has come as a significant blow to the federal authorities with the Petroleum Division in a state of shock as the event will exacerbate gasoline disaster within the nation. 

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