Pakistan LPG Marketers Association has warned of imminent shortage of liquefied petroleum gas (LPG) in the country following discontinuation of an agreement between Sui Southern Gas Company (SSGC) and Jamshoro Joint Venture Limited (JJVL). “We have noted with great concern that production has been shut down at JJVL. Many of our member LPG marketing companies were receiving LPG from JJVL. This will disturb the entire supply chain and create gaps and shortages,” the association said in a letter sent to Petroleum Secretary Mian Asad Hayauddin. It requested that a meeting…
Read MoreMonth: June 2020
Govt Releases Rs287.289 Million For Seven Petroleum Projects
ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 24th Jun, 2020 ) :The government has so far released funds amounting to Rs287.289 million to execute seven petroleum projects under the Public Sector Development Programme (PSDP 2019-20) against the total allocation of Rs304.997 million. According to the official data as of June 19 that showed a slight readjustment in funds’ allocation and releases, an amount of Rs10.553 million has been provided to explore and evaluate coal in Nosham and Bahlol areas of Balochistan. While Rs35 million have been released for…
Read MorePTI govt abandons K-Electric’s coal project
The Cabinet Committee on Energy (CCOE) has approved the abandoning of the proposed 700-megawatt Datang coal-based power project of K-Electric. The power project had been designed to run on local coal, once it is commercially available. Sources told The Express Tribune that in its letters written to the Ministry of Energy, the power utility had requested for a notification of the tariff approved by the National Electric Power Regulatory Authority (Nepra) on August 11, 2016 and November 7, 2018 in respect of Datang Pakistan Power Generation (Private) Limited. K-Electric said…
Read MoreCourt rejects OMC’s plea to stop FIA probe in fuel crisis case
The Islamabad High Court (IHC) rejected on Tuesday an oil marketing company’s plea to stop the Federal Investigation Agency (FIA) from taking action against it in the fuel crisis case. Hearing the petition filed by Attock Petroleum, IHC Chief Justice Athar Minallah issued notices to the Ministry of Energy, Oil and Gas Regulatory Authority (Ogra), the government’s recently formed fuel crisis committee and the FIA for June 25. The petitioner’s lawyer maintained that the government had not set up the inquiry commission under the Petroleum Products Inquiry Act. To this…
Read MoreGas companies seek increase in tariff by Rs85-623 per mmbtu
ISLAMABAD (Dunya News) – The gas companies have submitted a petition in Oil and Gas Regularity (OGRA) to increase gas tariff by Rs85-623 per mmbtu to be effective from July 01. The Sui Northern Gas Pipelines Limited (SNGPL) has sought the increase in gas price by Rs623 per mmbtu and Sui Southern Gas Company (SSGC) has pleaded for increase in gas price by Rs85.35 per mmbtu. OGRA will hear the petition of Sui Northern today. If the increase in gas price as has been demanded by Sui Northern is approved,…
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