Islamabad, November 22, 2021 (PPI-OT):Minister for Energy Hammad Azhar underlined the need for crafting Weighted Average Cost of Gas (WACOG) legislation to meet increased demand of the commodity especially in peak winter season.
In a tweet, he said during winter a demand spike occurs in local gas circuit which cannot be plugged by imported LNG till WACOG legislation He said the country has two gas circuits in operation, under which 70 per cent is based on local gas and 30 per cent on imported Liquefied Natural Gas.
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