Author: Admin

Employees of power sector entities: Nepra opposes free electricity, monetisation

Admin
Nepra-Act

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has opposed free units or monetisation to employees of power sector entities and WAPDA, saying that employees should be given utility allowance like other public sector organisations instead of allowing units or their monetisation. These comments were offered by Nepra on a summary of Power Division titled “monetisation of free electricity units admissible to employees of the power sector companies”. The Cabinet Committee on Energy (CCoE) headed by Minister for Energy, Muhammad Ali, was scheduled to discuss the proposal of Power Division on…

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Massive hike in gas tariffs now seems inevitable

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Gas-tariff

ISLAMABAD: The government is all set to increase effective gas prices for non-protected domestic consumers by up to 129 percent, bulk 25 percent, commercial 136 per cent, export industry 71 percent, non-export industry 117 percent, CNG 144 percent, cement 193 percent and Liberty Power 62 percent, sources close to Secretary Petroleum told Business Recorder. To be applicable from October 1, 2023, there will be no change in gas prices for protective category of domestic consumers, Roti Tandoor and feed gas of Engro’s fertiliser plant. However, fixed rate for those protected consumers…

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‘SIFC initiatives must trickle down to each province’

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SIFC-initiatives

QUETTA: Initiatives taken by the Special Investment Facilitation Cou­n­­­cil (SIFC) at federal level should have a trickle-down effect in each pro­­vin­ce, Caretaker Prime Minister Anwaarul Haq Kakar said on Tuesday. He was speaking in Quetta at Balochistan’s apex committee meeting, also attended by Army Chief Gen Asim Munir, Federal Interior Minister Sarfraz Ahmed Bugti, Balochistan Chief Minister Ali Mardan Khan Domki, his cabinet members and other senior officials. During the meeting, officials briefed the participants on the revised National Action Plan (NAP), law enforcement operations, anti-smuggling and anti-narcotics operations in…

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PPL achieves production enhancement milestone

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PPL-achieves

Karachi, October 10, 2023: Pakistan Petroleum Limited (PPL) has achieved significant production gain of 13 MMscfd gas and 90 bpd condensate from existing wells through a rigless production enhancement campaign. The company is vigorously pursuing production enhancement utilizing latest techniques and production optimizations efforts. These initiatives were successfully carried out on a number of wells in Sui Gas Field, Gambat South and Hala between June and September 2023. Against the backdrop of maturing producing assets, PPL remains committed to enhancing their production to secure energy for the future.

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Pakistan working on options to actualise IP gas project

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Iran-Pakistan

ISLAMABAD: The authorities concerned in Pakistan have started working out an option to restructure the much-touted and delayed Iran-Pakistan (IP) gas pipeline project in such a manner that US sanctions could not have an impact on the country and penalty of $18 billion sought by Tehran could be averted, top officials in Law Division told The News. “Under the new option, Pakistan may not purchase the gas directly from Iran, but through a third party or a powerful country to escape the US sanctions imposed against Iran for its nuclear…

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