What is behind the LNG controversy? - News Summed Up
What is behind the LNG controversy?

What is behind the LNG controversy?

December 27, 2020 20:02 UTC

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What is behind the LNG controversy?


Abbasi accused the government of delays in awarding the third LNG regasification unit and LNG pipeline. The government was left with two main options─ imported LNG or local Thar coal (which is in abundance). Unfortunately it chose to install 3600 MW in LNG power plants, 2400MW of imported coal and one 660 MW Thar coal plant. $35, Thar coal $55, local gas and imported coal around $65, LNG power $90 and RFO plants $ 120. Today, to be able to compete with renewables at $35/MWh, the LNG price must be around $0.5/mmbtu, this would barely cover the cost of LNG transportation, let alone its costs.


Source: Pakistan Today December 27, 2020 20:02 UTC



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