{"id":55741,"date":"2019-09-27T18:26:59","date_gmt":"2019-09-27T13:26:59","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=55741"},"modified":"2019-09-27T18:32:34","modified_gmt":"2019-09-27T13:32:34","slug":"ugdc-sings-deal-with-singaporean-firm-supply-lng-transport-sector","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ugdc-sings-deal-with-singaporean-firm-supply-lng-transport-sector.html","title":{"rendered":"UGDC sings deal with Singaporean firm to supply LNG to the transport sector"},"content":{"rendered":"<p>Islamabad: The Universal Gas Distribution Company (UGDC) signed a deal with the Singaporean firm Trafigura, regarding the supply of liquefied natural gas (LNG) to the transport sector, according to a news source.<\/p>\n<p>This firm will utilise the surplus capacity at the Pakistan Gas Port Limited (PGPL) terminal for this purpose. This is due to its 5% equity participation in the terminal.<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/govt-minimises-taxes-to-spur-investment-in-new-lng-terminals.html\" target=\"_blank\" rel=\"noopener noreferrer\">Govt minimises taxes to spur investment in new LNG terminals<\/a><\/p>\n<p>The government had previously booked a maximum of 600 million cubic feet per day (mmcfpd) processing capacity at the PGPL terminal through its subsidiary Pakistan LNG Terminal Limited (PLTL). \u00a0The agreement between UGDC and Trafigura had been under negotiation for a year, and was finalised following another agreement between ExxonMobil, the world\u2019s largest publically traded oil and gas firm, and UNGC for the supply of <a href=\"https:\/\/www.zameen.com\/news\/identification-of-alternative-points-for-lng-terminals-ordered.html\" target=\"_blank\" rel=\"noopener noreferrer\">LNG<\/a> to the transport sector. This made the UGDC-Trafigura agreement possible due to Pakistan\u2019s third-party access (TPA) rules.<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/govt-introduces-energy-sector-changes-to-promote-investment.html\" target=\"_blank\" rel=\"noopener noreferrer\">Govt introduces energy sector changes to promote investment<\/a><\/p>\n<p>The agreement was signed by UGDC CEO Ghiyas Abdullah Paracha and Fadi Mitri, Business Development and Origination, LNG and Gas, Trafigura.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Universal Gas Distribution Company (UGDC) signed a deal with the Singaporean firm Trafigura, regarding the supply of liquefied natural gas (LNG) to the transport sector, according to a news source. This firm will utilise the surplus capacity at the Pakistan Gas Port Limited (PGPL) terminal for this purpose. This is due to its 5% equity participation in the terminal. Read: Govt minimises taxes to spur investment in new LNG terminals The government had previously booked a maximum of 600 million cubic feet per day (mmcfpd) processing capacity at the PGPL terminal through its subsidiary Pakistan LNG Terminal Limited (PLTL). \u00a0The agreement between UGDC and Trafigura had been under negotiation for a year, and was finalised following another agreement between ExxonMobil, the world\u2019s largest publically traded oil and gas firm, and UNGC for the supply of LNG to the transport sector. This made the UGDC-Trafigura agreement possible due to Pakistan\u2019s third-party access (TPA) rules. Read: Govt introduces energy sector changes to promote investment The agreement was signed by UGDC CEO Ghiyas Abdullah Paracha and Fadi Mitri, Business Development and Origination, LNG and Gas, Trafigura.<\/p>\n","protected":false},"author":58,"featured_media":44272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[13206],"persona":[],"class_list":{"0":"post-55741","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-ugdc-sings-deal-with-singaporean-firm-to-supply-lng-to-the-transport-sector"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UGDC sings deal with Singaporean firm to supply LNG to the transport sector - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Universal Gas Distribution Company (UGDC) signed a deal with the Singaporean firm Trafigura, regarding the supply of liquefied natural gas\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ugdc-sings-deal-with-singaporean-firm-supply-lng-transport-sector.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UGDC sings deal with Singaporean firm to supply LNG to the transport sector - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Universal Gas Distribution Company (UGDC) signed a deal with the Singaporean firm Trafigura, regarding the supply of liquefied natural gas\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ugdc-sings-deal-with-singaporean-firm-supply-lng-transport-sector.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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