Punjab’s first stubble-based bio-CNG plant is collecting paddy straw from agricultural sites in preparation for commissioning in January. Officials at the plant in Sangrur have already collected around 10,000 tonnes of paddy straw for their operations, the reported. The plant will produce more than 33 tonnes of CBG or bio-CNG per day and is capable of collecting and utilising over 100,000 tonnes of paddy residue annually. Following the delay to this year’s harvest, due to ‘untimely rains’, the plant operators had to collect paddy straw from an area more than 20…
Read MoreYear: 2021
Varying Options Available to Meet Gas Needs
In Pakistan, gas demand is increasing and production contracting, creating supply gaps and shortages. Gas is a convenient, clean and non-polluting fuel. At present, there is no substitution of gas in the domestic and industrial sectors. The fact is that 60% of Pakistan’s gas needs emerge out of the non-power sector. There can be different views on the use of gas or liquefied natural gas (LNG) in power production, where substitutions are possible like coal, hydro or renewable energy such as solar or wind. Currently, the LNG market share is…
Read MoreEngro mulls building onshore LNG terminal costing up to $600mln
Engro Corporation and Royal Vopak are evaluating the process of setting up Pakistan’s first multi-functional onshore LNG terminal along with its existing Floating Storage Regasification Unit (FSRU-based) terminal with an estimated capital expenditure of around $500-600 million dollars. It would offer regasification, bunkering and LNG trucking services. The federal government has also asked the company to review its expansion plan, an official of the company said. Independent energy experts said that FSRU was not the perfect solution for bringing LNG to a country although it was flexible. However, they said…
Read MoreCrisis of POL Products In The Offing As PRL Halts Operations
The crisis of non-availability of POL products has started emerging on the scene as the Pakistan Refinery Limited (PRL) with capacity to refine 55,000 barrels per day of crude oil has shut down its operations to produce the POL products in the wake of non-availability of storage capacity, brimming with FFO (Furnace Fuel Oil). The PRL, in its official statement, announced the temporary refinery shutdown due to its operational and ullage constraints. All the refineries, including PARCO, BYCO, NRL, ARL, PRL and OCAC (Oil Companies Advisory Council) have been sensitising…
Read MorePetroleum Pricing Some Respite
The respite in global crude oil price finally offered a breather to retail gasoline prices, without the government having to cut down on petroleum taxes. The reduction of Rs5/ltr (3 percent) for December’s last fortnight is the first in seven fortnights. A significant depreciation in rupee’s value against the greenback has taken some of the sheen away, as PKR depreciation alone has caused Rs4/ltr to Arab light refined petroleum price in a little over two months. Recall that the Petroleum Levy (PL) has been restored as a prior action for…
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