Month: January 2023

Dawn Investigations: Selling liquid gold — Karachi’s tanker mafia

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tanker-mafia

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 hours and resulted in seven illegal hydrants being dismantled. According to the police report, on Nov 1, 2022, Furqan was waylaid by armed men while on his way back from…

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Freeport LNG Files For Restart, Awaits Regulatory Response

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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.  The Texas-based Freeport LNG export terminal has been offline since a June explosion and subsequent fire.  Rystad Energy is speculating that Freeport LNG will not be able to restart until…

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SNGPL reduces gas losses by 23,348 MMCF in three years

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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 by 18,240 MMCF within a period of three years ending on June 30, 2022. The SNGPL exceeded the assigned target by reducing by 28%, the company said. “The targets as…

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OGDCL Finds 3.29 bcf of Gas Reserves in Guddu

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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 an exploration licence for the Guddu block in May 1999 in accordance with the Petroleum Exploration and Production Policy 1997 and under the Pakistan Petroleum (Exploration and Production) Rules 1986.…

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Ogra refutes reports of petrol shortage, says sufficient stock available

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petrol

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 the next 37 days. “Furthermore, ships carrying 101,000 metric tonnes petrol are at berth/outer anchorage,” the press release added. “The local refineries are playing their due role in meeting the…

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