‘RLNG: Supply glut or policy failure?’: KE’s response
It is important to clarify certain points and provide factual context to the assertions made. The article’s assertions are factually incorrect. K-Electric (KE) does not contract directly with international RLNG suppliers, rather, it utilizes RLNG procured under existing government contracts through its Gas Sales Agreement with Pakistan LNG Limited, the terms of which have been appropriately disclosed to Ogra and Nepra.
RLNG: Supply glut or policy failure?—II
Therefore, the responsibility for managing RLNG procurement, including cargo diversions, rests solely with the relevant government entities. It is inappropriate to attribute this responsibility to KE, whose role is limited to utilizing the RLNG as per Gas Sales Agreement.
We would like to highlight that........
© Business Recorder
