Import of LNG: ECC is all set to approve PLL-SOCAR pact

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The Economic Coordination Committee (ECC) of the Cabinet is all set to approve the pact between Pakistan LNG Limited (PLL) and Azerbaijani company, M/s SOCAR/ SOCAR Trading, for import of one LNG cargo monthly, official sources told Business Recorder. Pakistan State Oil (PSO) and Pakistan LNG Limited (PLL) are importing Liquefied Natural Gas (LNG) under long-term LNG supply contracts to minimise…

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DISCOs Tasks To Install Over 155,700 AMI Meters By June

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The government has planned to instal over 155,700 Advanced Metering Infrastructure (AMI) meters in all of the power distribution companies (DISCOs) by June aimed at reducing power sector losses, enhance quality of billing and recoveries besides addressing consumers complaints of over billing. Official sources told APP here that AMI system would help identify areas of power outage and power losses.…

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LPG DISTRIBUTORS ANNOUNCE FOUR-DAY STRIK

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After the gas crisis, the Liquified Petroleum Gas (LPG) distributors have announced a four-day strike to protest against the inflated prices, ARY News reported on Tuesday. The LPG distributors announced to observe a strike from January 28 to 31 after the prices of Liquified Petroleum Gas hiked up to Rs300 per kilogram. The distributors announced to halt the supplies due…

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No shortage of petrol, diesel: Ogra

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Oil and Gas Regulatory Authority (OGRA) on Tuesday strongly rejected speculations about the shortage of diesel and petrol in the country. Sufficient stocks of petrol and diesel are available across the country,” OGRA spokesperson Imran Ghaznavi clarified in a press statement, after scores of people rushed to pumps and panic-bought the commodity. He said the country had sufficient petrol and…

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Many city areas remain without power after 24-hour breakdown

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Most residents of the city spent a whole night without electricity after enduring a day-long outage on Monday as the fragile transmission and distribution system of the K-Electric remained affected due to a nationwide power breakdown early in the morning. Electricity in almost every part of the city, except a few sensitive installations, played hide-and-seek on Monday night and Tuesday…

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200,000 Bpd Angola Oilfield To Be Offline For More Than A Month

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The Dalia offshore oilfield in Angola, which pumps 200,000 barrels per day (bpd), is set to undergo planned maintenance for more than a month beginning on February 20, a spokesperson for the operator of the field, French supermajor TotalEnergies, told Reuters on Tuesday. The maintenance, which is expected to last for 35 days, will significantly reduce oil supply from Angola…

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