Month: February 2020

Brisk drilling was in progress at the first shale gas and oil well near Hyderabad  city of the Sindh province to acquire geological and engineering data for further planning of the pilot project. “The drilling, started on December 14, 2019 at the Shale gas well, KUC-01 (Kunar Unconventional-1), is in progress. As of January 30, 2020 the well was drilled to depth of 2,487 meters that will be taken to 3,910 meters in Chiltan formation,” according to an official document available with APP. Currently, the Oil and Gas. Development Company…

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ISLAMABAD: The 30mmcfd high-quality gas has recently been injected into the distribution system of the Sui Southern Gas Company Limited (SSGCL). The gas has been injected into the distribution system without fixing the gas price for the Badin IV South Gas Fields in the name of national interest, sources claimed on Wednesday. As a result of the gas induction, sources said the Sindh government would receive royalty while the federal government would earn a billion of rupees in taxes. This will eventually prove beneficial for the country, as annual import bill…

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Yesterday, PM had hold one-on-one meeting with Nepra Chairman the theme of meeting was to apprise PM the current pressing issues faced the power sector and consumer of Pakistan. Important discussions were the regulator’s strategic and effective role to continue with sustainable measures to reduce Circular Debt and the improving the performance of power sector to ensure the affordable energy price to end consumer and sustainable economic growth. Nepra’s chairman apprised PM about his vision and strategic plans to be taken by Nepra to ensure the reliable and affordable power…

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The two fertilizer plants, which are closed due to non-availability of natural gas, have approached the government, requesting supply of LNG which is $ 2.5/Mmbtu to bridge expected shortfall in production of urea. In a letter to Prime Minister’s Advisor on Commerce, Industries and Production and Investment, Abdul Razak Dawood, the Advisor to the two companies Ghazanfar Abbas Jilani, explained the importance of domestic fertilizer industry in ensuring national food security, foreign exchange savings and its contribution to the government exchequer in addition to providing employment opportunities. The two companies…

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Khyber Pakhtunkhwa Assembly Standing Committee on Environment Wednesday asked oil and gas companies working in Kohat, Karak, Hangu, Lakki Marwat and DI Khan district to protect environment from degradation and pollution PESHAWAR, (APP – UrduPoint / Pakistan Point News – 12th Feb, 2020 ) :Khyber Pakhtunkhwa Assembly Standing Committee on Environment Wednesday asked oil and gas companies working in Kohat, Karak, Hangu, Lakki Marwat and DI Khan district to protect environment from degradation and pollution. Chairman Standing Committee Fazl Elahi presiding over a meeting directed the companies to ensure implementation of the agreements signed to protect environment from pollution and degradation otherwise, strict legal action would be…

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