Day: July 1, 2020

By the grace of Almighty Allah, the joint venture of Baratai D&P.L comprising Oil & Gas Development Company Limited (OGDCL) as Operator (97.5%) & Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) (2.5%) has started commercial production of Gas and Condensate from its exploratory well Dhok Hussain # 01, which is located in district Kohat, Khyber Pakhtunkhwa Province.The Early Production Facilities which includes installation of well head facility, gathering & separation facility, dehydration plant, pumping facility, storage tanks, filling gantry, gas metering and infrastructure development was completed through indigenous efforts…

Read More

July 01, 2020: Pakistan Atomic Energy Commission (PAEC) Wednesday announced that its Chashma Nuclear Power Plant Unit-4 has made a new record in Pakistan’s history by running for a year continuously, becoming the first electricity generation plant of the country to achieve this milestone. Previously, Chashma Nuclear Power Plant Unit-2 (Chashma-2), held the record of running for continuous 302 days. Member Power of PAEC Mr.Saeed-ur-Rahman, while making the announcement, said that “This unique record of efficient and safe operations of Chashma-4 bespoke the acumen and hard work of PAEC’s teams of…

Read More

The gas tariffs are NOT just Numbers. The Situation is not ‘business as usual’. Out of box solutions are needed today. In this era of Covid-19, lock down, melt down, the gas prices have colossal bearing upon: (a) National security (b) in-country peace (c) Job security (d) Exports safeguard (e) Foreign Exchange Earnings (f) Strengthening of Pak Rs to US$ (f) Livelihood sustainability (g) Sustainability of SSGCL (h) over economy. We need to find out what rest of the world, competition and neighbors are doing, which SSGCL had no homework done. Wellhead…

Read More

The Oil and Gas Regulatory Authority (Ogra) has imposed a fine of Rs5 million each on three oil marketing companies (OMCs) after they were found involved in creating artificial shortage of petrol in the country by hoarding the commodity in first 10 days of the current month. Hoarding and artificial shortage was witnessed soon after the government’s decision to pass on the impact of plunging international oil prices to consumers by lowering ex-refinery prices amid protests from the OMCs. “Ogra imposed a penalty of Rs5 million each on Byco, Askar…

Read More