The government has approved much awaited National Climate Change Policy mainly focusing on importing natural gas, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) over import of oil from foreign countries.
The analysts have pointed out that the government has again reiterated its resolve to import natural gas from the neighbouring country in the face of severe criticism especially from the United States.
The draft of the National Climate Change Policy available with ‘The News’ showed that the government would take measures to ensure reduction in usage of petroleum products that are not only affecting natural environment but also causing huge import bills.
Dr Qamaruz Zaman Chaudhry, the lead author of the policy, told ‘The News’ that the approval of this policy is well timed and a significant development for the country.
http://www.thenews.com.pk/Todays-News-6-98231-Much-awaited-National-Climate-Change-Policy-approved
Unlike traditional natural gas, LNG has the potential to be traded at the global level through storage facilities and ships that are specially designed to tolerate low temperatures.
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