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Russia to install 60 LPG AirMix plants in Murree, Gilgit, AJK

09:38 PM | 30 Dec, 2016
Russia to install 60 LPG AirMix plants in Murree, Gilgit, AJK
ISLAMABAD - In a new development, Russia will install 60 LPG AirMix plants in Pakistan out of which 24 will be set up in Balochistan. The rest will be set up at Murree, in Gilgit-Baltistan and AJK.

Experts said that the LPG AirMix plants would assist in sorting out the deficiency of the gas in the country.

“We are in talks with Russian firm and are very close to finalisation of the deal for setting up 60 LMP AirMi plants in various parts of the country," Federal Minister for Petroleum and Natural Resources confirmed to The News.

This will be the second deal on natural gas with Moscow being finalised as Russia will construct 1,100 kilometre LNG pipeline from North to South too. It is pertinent to mention that the Economic Coordination Committee (ECC) that met here on October 31 accorded approval to the plan for setting up of the LPG Air Mix Plants at Murree (Kurbagla, Dewal, Company Bagh and Tret), Awaran and Bella at an estimated cost of Rs1.353 billion.

The price of gas for the dwellers of these areas will be equal to the price of highest domestic slab consumers. However, its cost will be about one-third of LPG cylinder of 11.8 kg, Shahid Khaqan Abbasi Federal Minister for Petroleum and Natural Resources said.

The minister further said that tariff for the consumers of above projects would be at Rs600 per MMBTU which is equal to the highest slab for the supply of natural gas to domestic consumers. However, the impact on the weighted average cost of gas has been calculated in terms of five projects at Rs0.60 per MMBTU as worked out by SNGPL and SSGC. The UFG (unaccounted for gas) if any in case of LPG AirMiX supplies would be ring-fenced ad will be borne by consumers of the LPG AirMix Plants.

Hamza Rao is a member of the staff at Daily Pakistan. He can be reached at raohamzafree@gmail.com. He tweets at @HamzaRaoxxx

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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