ISLAMABAD – To address the electricity demands of Gwadar, the Central Development Working Party (CDWP) approved a crucial “revised” energy project. This project focuses on enhancing the transmission line infrastructure for the coastal city, marking a significant step forward in meeting Gwadar’s energy needs. The CDWP meeting, led by Deputy Chairman of the Planning Commission, Mohammad Jehanzeb Khan,…
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The Oil & Gas Regulatory Authority (Ogra) is accelerating the finalization of upgrade agreements with refineries under the Brownfield Refinery Policy, following Prime Minister Shehbaz Sharif’s directive for a signing ceremony. Four refineries are close to completing their agreements, while Pak Arab Refinery Limited (PARCO) awaits board approval before proceeding with the draft submission and final signing. This update was…
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Sui Northern Gas Pipelines Limited (SNGPL) has submitted a request to the Oil and Gas Regulatory Authority (Ogra) for a substantial increase in gas prices, as reported by Geo News on Monday. The company has proposed a 147% hike in gas prices, aiming to increase the average gas price to Rs4,446.89 per metric million British thermal unit (mmbtu), with an…
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The management of Sui Southern Gas Company (SSGC) has issued a stark warning, stating that the company faces financial peril if gas prices are not increased promptly. During a public hearing conducted by the Oil and Gas Regulatory Authority (Ogra) on Monday, SSGC requested a price hike of Rs274.40 per million British thermal units (mmBtu) effective from July 1, 2024,…
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PARIS: While climate discussions often focus on reducing carbon dioxide (CO2), the attention will now shift to methane emissions, a potent greenhouse gas, at a global forum in Geneva this week. Methane, though short-lived, plays a crucial role in heating the planet and is a key target for countries aiming to quickly reduce emissions and mitigate climate change. The leakage…
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ISLAMABAD: The Central Power Purchasing Agency (CPPA) has proposed a Rs5 per unit increase in fuel cost adjustment (FCA) for upcoming electricity bills, seeking to generate an additional Rs35 billion for ex-Wapda Distribution Companies (Discos). The National Electric Power Regulatory Authority (Nepra) has scheduled a public hearing on March 28 to discuss this proposed hike. The increase in FCA is…
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