.For brain storming I am of the view that if in winter total NTDC load is 9000 MW if aardvark group of 1200 MW tripped due to any fault then expected drop in frequency will be around 6% .let say if Kanuup 2400 MW tripped the drop in frequency in winter will be around 13% and in summer it will…
Read More
Over the past three years, the majority of U.S. energy companies have avoided spending big to expand production in the aftermath of the 2020 oil crisis, prioritizing returning more cash to shareholders in the form of dividends and share buybacks. Most oil and gas companies have only announced small increases in their capital spending for the current year, and also…
Read More
Furqan Akhtar, 36, a supervisor at the Karachi Water and Sewerage Board, had the task of doing discreet recces on his motorbike of streets in Manghopir, district West, and, upon spotting illegal hydrants, report them to the organisation’s water theft cell. KWSB personnel would then carry out raids to demolish those hydrants. One such operation in October lasted for 48…
Read More
Freeport LNG on Monday confirmed for Oilprice.com that repairs had been completed at its liquefied natural gas export facility, which has been offline since June, and that a request to restart by introducing LNG to the piping system had been filed with regulators. In the regulatory filing, Freeport LNG asked regulators for a response to their restart request by Tuesday. …
Read More
Sui Northern Gas Pipelines Limited (SNGPL) has reduced Unaccounted for Gas (UFG) losses by 23,348 MMCF (Million Cubic Feet) against the assigned task of reducing it by 18,240 MMCF within a period of three years. The SNGPL, in a statement, said that the government in a letter dated October 31, 2019, had assigned the task of reduction in UFG losses…
Read More
Oil and Gas Development Company Limited (OGDCL) has discovered a hydrocarbon-rich field in Sindh having estimated reserves of 3.292 billion cubic feet (bcf) of gas. Commercial production from the new discovery is poised to start in June this year. However, the company is seeking a one-year extension in the testing phase for the Umair SE-1 Guddu discovery. OGDCL was granted…
Read More
The Oil and Gas Regulatory Authority (Ogra) denied reports of petrol and diesel shortages on Tuesday, saying that sufficient stocks were available in the country. “Ogra strongly rebuts the speculations on petrol/diesel shortages,” spokesperson Imran Ghaznavi said in a press release. He said enough stocks were available to fulfil petrol demand for the next 18 days and diesel demand for…
Read More
Despite market rumors suggesting a restart might be delayed again, Freeport LNG is sticking to its original pledge of resuming production in the second half of January. – Freeport LNG is the US’ second largest gas liquefaction facility with three trains and a 15 mtpa capacity. Since its explosion in June 2022 overall exports out of the US dropped by…
Read More
بینک دولت پاکستان نے کاروباری اداروں کی سہولت کے لیے مخصوص درآمدی سامان (ایچ ایس کوڈ چیپٹرز 84، 85 میں آنے والی اشیا اور ایچ ایس کوڈ چیپٹر 87 کے تحت بعض اشیا) کی پیشگی منظوری کی شرط واپس لے لی ہے اور اس کی جگہ بینکوں کو عمومی ہدایت جاری کی ہے کہ خوراک، دوا، توانائی وغیرہ جیسی ضروری…
Read More
At today’s meeting, the Monetary Policy Committee (MPC) decided to increase the policy rate by 100 basis points to 17 percent. The committee noted that inflationary pressures are persisting and continue to be broad-based. If these remain unchecked, they could feed into higher inflation expectations over a longer-than-anticipated period. The MPC stressed that it is critical to anchor inflation expectations…
Read More
