Author: Admin

Nationwide CNG Stations to Close in December and January Amid Winter Gas Shortage

Admin
CNG-Stations

ISLAMABAD: The Federal Ministry of Petroleum has announced a winter gas load management plan that includes the closure of CNG stations across Pakistan during December and January. This measure aims to prioritize natural gas supply for domestic consumers amid colder temperatures. The Sui Northern Gas Company Limited (SNGCL) has been instructed to halt CNG operations nationwide from December 1, 2024, to January 31, 2025. The shutdown will affect Punjab, Khyber Pakhtunkhwa, and other provinces where industries rely on gas-based captive power stations, which will also face supply cuts during this…

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Neelum-Jhelum Shutdown Costs Millions, Deepens Pakistan’s Energy Crisis

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Neelum-Jhelum

ISLAMABAD: The 969-MW Neelum-Jhelum Hydropower Project has been offline since May due to a severe rock burst, draining millions from the national treasury and worsening Pakistan’s energy shortage, according to experts. The prolonged shutdown has exacerbated the shortfall in hydroelectric power, adding to the country’s energy challenges. During a recent public hearing, NEPRA’s chairman expressed dissatisfaction with the Central Power Purchasing Agency (CPPA) for not providing repair cost estimates, noting that an inquiry committee is investigating the issue. NEPRA emphasized that decisions on repair funding will be based on the…

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UEP Wind Power Seeks Rs 6.213 Billion from CPPA-G to Avert Debt Default

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Wind-Power

ISLAMABAD: UEP Wind Power Limited has requested Rs 6.213 billion from the Central Power Purchasing Agency (CPPA-G) to meet critical financial obligations through December 31, 2024, citing delayed payments and mounting debt. In a letter to CPPA-G’s CEO, UEP’s President, Khurram Shahzad, outlined the company’s urgent need to address upcoming debt payments, including a substantial liability to China Development Bank. UEP foresees a shortfall that could lead to default if unmet, with unpaid invoices expected to total Rs 9.134 billion by December, of which Rs 8.437 billion is already overdue.…

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Gas Supply Halted in Karachi’s DHA Due to Pipeline Damage; Price Hike Likely Amid SNGC Request

Admin
OGRA-GAS

KARACHI: The Sui Southern Gas Company (SSGC) has suspended gas supply to Defence Housing Authority (DHA) and nearby areas, including Defence View, Azam Basti, and Akhtar Colony, following damage to a 24-inch pipeline during excavation work near Jam Siddiq Bridge. Emergency repair crews are working to restore the line, with service expected to resume by 6:00 AM tomorrow. Meanwhile, the Sui Northern Gas Company (SNGC) has proposed a Rs 64 per MMBTU price increase to the Oil and Gas Regulatory Authority (Ogra), citing a Rs 20.58 billion deficit, including costs…

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Germany Seeks COAS Intervention in Siemens Power Plant Deal Termination

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Power-Plant

ISLAMABAD: Germany has appealed to Pakistan’s Chief of Army Staff, General Asim Munir, for assistance in revising a settlement over the closure of a 450MW power plant involving German investor Siemens, who reportedly felt pressured to agree to the deal. The German Ambassador to Pakistan, Alfred Grannas, reached out to General Munir, seeking an amicable solution to safeguard German investments, according to Ministry of Energy sources. Siemens holds a 26% stake in Rousch Pakistan Power Limited, one of five plants whose contracts were terminated this month in an effort to…

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