Author: Admin

OGDCL Discovers Tight Gas at Nur West # 01 in Sujawal District of Sindh

Admin
OGDCL-Sindh

ISLAMABAD, April 04, 2024: The Oil & Gas Development Company Limited (OGDCL) has discovered gas at its exploratory Well Nur West # 01, situated in the Sujawal district of Sindh province. OGDCL is the sole operator with a 100% stake in Nur Development & Production Lease (D&PL).The structure of Nur West # 01 was drilled and tested using OGDCL’s in-house expertise to a depth of 2975 meters. The well tested 1.24 Million Standard Cubic Feet per Day (MMSCFD) of gas through a 32/64″ choke at a wellhead flowing pressure of…

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“IMF Directive: Gas Tariff for Captive Power Plants to Align with RLNG Prices from July 1”

Admin
New-RLNG

Under directives from the International Monetary Fund (IMF), the government is preparing to equalize the gas tariff for captive power plants (CPPs) with Re-gasified Liquefied Natural Gas (RLNG) prices starting July 1, 2024. This move follows discussions with senior officials from the Energy Ministry, who highlighted the necessity of this adjustment in response to IMF requirements. Currently, the gas tariff for CPPs stands at Rs2,750 per MMBTU, with plans to increase it to match RLNG prices. This adjustment is seen as crucial in meeting IMF obligations and addressing inefficiencies in…

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Committee Formed to Review Climate Change Governance and Access to Climate Funds”

Admin
climate-change

The Prime Minister has established a high-level committee to assess Climate Change Governance and the mechanisms for accessing Climate Funds. This committee includes Climate Change Minister Romina Khursheed Alam, SDPI Executive Director Dr Abid Suleri, and other senior members from various sectors. Chaired by the Deputy Chairman of the Planning Commission, Mohammad Jehanzeb Khan, the committee comprises government officials, parliamentarians, civil society representatives, environmental NGOs, private sector leaders, research institutes, and advisors with expertise in climate-related matters. The committee’s mandate includes mainstreaming climate considerations across government organizations and operations, integrating…

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“K-Electric Proposes Non-Disclosure Agreement with JPCL for Thar Coal Conversion”

Admin
circular-debt-K-electric-ceo

K-Electric (KE) has put forward a proposal for a Non-Disclosure Agreement (NDA) with Jamshoro Power Company Limited (JPCL) to safeguard data related to the conversion of JPCL’s 600-MW unit to Thar coal, according to informed sources. In continuation of previous communications and discussions, KE has submitted its NDA proposal to the Secretary Power, following its earlier letter regarding the approval of KE’s Integrated Generation Plan (IGP) dated January 31, 2024. The Ministry of Energy (Power Division) Committee, tasked with due diligence on KE’s IGP, convened on April 1, 2024, further…

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“Work Commences on IP Gas Pipeline Project Ahead of Iranian President’s Visit to Pakistan”

Admin
gas-pipeline

As Iranian President Ebrahim Raisi prepares for his visit to Pakistan on April 22, the Ministry of Energy has initiated work on the Pakistan-Iran Gas Pipeline Project. The project aims to materialize an 80-kilometer pipeline from Gwadar to connect with the Iranian pipeline, with an estimated completion time of 24 months and a budget allocation of Rs44 billion from the Petroleum Division’s 2024-25 Public Sector Development Programme (PSDP). The Inter-State Gas Company (ISGS) has issued tenders for re-validation of surveys and Front-End Engineering Design (FEED), a step delayed for long.…

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