ELECTION OF DIRECTORS
Elengy receives licence to build LNG terminal at PQ
The Oil and Gas Regulatory Authority (Ogra) on Wednesday issued a licence to Elengy Terminal Pakistan Limited (ETPL) – a subsidiary of Engro Corporation – to construct a terminal at Port Qasim (PQ) for landing and re-gasification of liquefied natural gas (LNG) to be imported early next year. The licence was issued after ETPL fulfilled all requirements of Ogra’s LNG rules. An ETPL official said the company was fully geared to start construction of the terminal within few days. The terminal would have installed capacity to handle about 600mmcfd of LNG.