Month: June 2021

Due to shortage of LNG,Sui Northern gas company has decided to cut-off the supply of gas to 500 industries and 50 CNG stations across the district till July 5, while gas supply to the export industry will be restored. The gas company is currently facing a gas crisis.The supply of gas was being disrupted due to shortage of LNG. Domestic consumers were also getting less gas supply in the summer. Gas supply to the non-export industry and CNG sector in Punjab and kpk has been cut off. In Gujranwala, gas…

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Compressed natural gas (CNG) stations will remain closed till July 9 in Sindh, Sui Southern Gas Company (SSGC) announced on Monday. CNG stations in the province have been closed since June 22 and were scheduled to resume operations from 8am tomorrow, CNG associations said while responding to the development. A few days back, Special Assistant to the Prime Minister (SAPM) on Power & Petroleum Tabish Gauhar, during a TV interview, had said the country would face a gas shortage from June 29-July 5. On June 22, Sameer Najam Al Hussain,…

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The National Electric Power Regulatory Authority (Nepra) on Tuesday observed that in-efficient power plants were run as compared to efficient power plants during May. Nepra Chairman Tauseef H Farooqi said this while concluding a public hearing into monthly fuel cost adjustment (FCA) for May. The chairman also expressed dismay over National Transmission & Despatch Company’s (NTDC) in-efficiency in the transmission system. Member Khyber Pakhtunkhwa Engineer Masood Anwar Khan, Member Sindh Rafique Ahmed Sheikh and Member Balochistan Rehmatullah were also present at the hearing. The Central Power Purchase Agency (CPPA-G) on…

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The World Bank (WB) has approved $800 million financing for Programme for Affordable and Clean Energy (PACE) and the Second Securing Human Investments to Foster Transformation (SHIFT-II) programme. World Bank Country Director for Pakistan, Najy Benhassine said that the reforms underpinning PACE and SHIFT can contribute to facilitating sustainable investments and generate welfare gains for those most in need, according to a statement issued on Tuesday. The $400 million PACE focuses on measures to improve the financial viability of the power sector and support the country’s transition to low-carbon energy.…

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Federal Minister for Maritime Affairs Ali Zaidi has shared a plan for the instalment of a fourth liquefied natural gas (LNG) terminal in the country at Karachi’s Port Qasim. Taking to Twitter to make the announcement on Tuesday, Ali Zaidi shared that Mitsubishi company has decided to invest US $300 million for setting up the LNG terminal at the port. “After Energas, Tabeer Energy (Mitsubishi) is also close to finalising their FID to set up the [fourth] LNG terminal,” he said in his message on the micro-blogging site. The terminal…

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