Energy Demand

Energy demand: bawl out hesitant to start up into LNG fray KARACHI:  despite being the largest producer of liquefied inbred gas in the world, pillory does not plan on entering the LNG transmission line in Pakistan until the g entirely all overnment clarifies several regulatory issues, including pricing and tidy sum guarantees. Sarim Sheikh, the managing manager of Shell Pakistan, a subsidiary of the global dynamism monster Royal Dutch Shell, said that while the association recognised the business case for LNG imports into Pakistan, the company would need true commitments from the organisation on matters such as pricing formulas and guarantees of stripped-down record book purchases in order to make any coronation in LNG imports viable. Pakistan faces a severe gas shortage, estimated at iodin jillion cubic feet per day (cfd), and is expect to only work by dint of a further widening of the gap between field demand and supply, said Sheikh, citing figures that c oncur with the petroleum ministrys analysis. As the countrys domestic production continues to decline due to exhaustion of existing gas fields that shortage is evaluate to rise to 2 billion cfd by 2015. While Shell has been one of the earliest players in Pakistans oil betray business, the company has been reducing its footprint in the country over the past three years.

They currently have around 800 shift outlets. There were around 1,050 of them three years ago, said Muhammad Ali Taufeeq, a research analyst at BMA Capital, an investment bank. Shell international is not interested in investing in Pakistan. regulatory and political uncertainty has mad! e it so that there be better destinations for investment. Sheikh alluded to those regulatory challenges when he spoke just about the companys operations in Pakistan, particularly the occurrence that the profit margins of oil companies is determined by the government, not securities industry forces. With the current margins, the business environment is not conducive to go along investment because that is an issue, said Sheikh to...If you want to halt a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay