Month: December 2020

Here’s How Oil Marketing Companies Plan to Replace the Tanker Mafia

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Oil marketing companies (OMCs) are eagerly anticipating the completion of new pipeline projects along with the upgrading of the existing pipelines to counter the tanker operators’ unnecessarily disruptive tactics, reported a national daily. The tanker operators are allegedly delaying the oil supply to have their demands met. Once the pipelines become operational, the OMCs will have direct supply and, therefore, will be much less dependent on the tanker operators. According to some estimates, for now, almost 60 percent of petroleum products are transported by approximately 12,000 oil tankers. In addition…

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No gas load-shedding in any part of country: Spokesperson

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ISLAMABAD: A spokesperson for the Petroleum Division Wednesday said at present there was no gas load-shedding in any part of the country. “However, isolated complaints of pressure drops, especially at tail ends of the lines and in the colder climates have been observed, which are being attended by gas utilities actively,” he said in a news release. The spokesperson said the two Liquefied Natural Gas (LNG) terminals were operating at their full capacity and re-gasifying 1,196 MMCFD (Million Cubic Feet per Day) gas to meet needs of the consumers. Giving…

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Engro Foundation honours COVID- 19 frontline heroes in first-ever virtual IATC Awards

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Karachi, Thursday December 10, 2020: Engro Foundation, the social investment arm of Engro Corporation, has recognized the achievements of Pakistan’s COVID-19 frontline heroes and announced eight recipients of its flagship I Am The Change (IATC) Awards. Amidst the global pandemic, the IATC 2020 invited frontline workers, who could be self-nominated or nominated by supervisors/head of organizations, to share their inspiring impact stories and how they have been able to create community impact in the fight against COVID-19. More than 100 applications were received in five categories for a chance to…

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LNG tankers heading to Britain, Belgium and the Netherlands

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The following liquefied natural gas (LNG) tankers are expected to arrive in Britain, Belgium and the Netherlands in the coming weeks. Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are updated below. Some tankers heading for Belgium and Britain may be loading at the terminal. Those expected to load are indicated with an (L). Those likely to perform ship-to-ship transfers are indicated with (STS). Tankers that have docked are indicated with (A).

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TAP pipeline explores feasibility of blending hydrogen

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MILAN: Developers of the Trans Adriatic Pipeline (TAP) have started feasibility studies on blending hydrogen with the natural gas the pipeline will bring in from Azerbaijan, the TAP head said. “The company has kicked off a technical study and we hope to be in a position to make a first assessment by the end of June next year,” TAP managing director Luca Schieppati told Reuters on Wednesday. TAP is the final leg of a $40 billion project named the Southern Gas Corridor, which will carry 10 billion cubic metres of…

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