LNGFlex Limited has announced that it has received a provisional license for setting up an LNG Virtual Pipeline from the Oil and Gas Regulatory Authority (OGRA) after successful completion of application formalities.
The Virtual Pipeline is a business that will procure LNG from global sources and supplies gas to consumers with no reliance on public money. The company is developed at the company’s own risk with no guarantee.
The LNG project will eliminate the use of the already full-to-capacity transmission and distribution network of Sui. Consumers in industrial, shipping, and other markets will benefit from the alternative LNG supply and it will also lessen the burden on the existing gas supply infrastructure.
The project will help eliminate the use of the already full-to-capacity transmission and distribution network of Sui companies. Consumers in industrial, shipping, and other markets will benefit from the alternate LNG supply and it will also lessen the burden on the existing gas supply infrastructure.
