Ogra grants provisional licenses to 2 virtual pipeline firms.

ISLAMABAD -- To allow more players, Oil and Gas Regulatory Authority Thursday granted Provisional Licenses to two virtual pipeline companies to facilitate the supply of natural gas/LNG mainly to off-grid consumers through bowzers.

In another step towards gas market liberalisation, promotion of competition in the gas market, promote country's economic growth and to ensure reliable supply of energy to the consumers of natural gas, Oil and Gas Regulatory Authority has granted 'Provisional Licenses' to two virtual pipeline companies to enable and facilitate them for completion of all formalities under the provisions of the OGRA Ordinance 2002, LNG Policy 2011 and LNG Rules 2007 to apply for a licence for carrying out regulated activities, said a notification issued by Oil and Gas Regulatory Authority here.

According to the notification, M/s LNG Easy (Private) Limited' and 'M/s Daewoo Gas Private limited' shall pursue LNG virtual pipeline project for supply of LNG through cryogenic bowzers and are planning to use berth at Karachi Port Trust (KPT) and berth at Gwadar Port respectively for import of LNG cargos, fill, transport, market and distribute liquefied natural gas (LNG)...

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