ISLAMABAD (Dunya News) – Sui Northern Gas Pipelines Limited (SNGPL) has requested to impose an additional burden of more than Rs 250 billion on its consumers. OGRA will hold a public hearing on SNGPL’s proposal on November 26. According to Oil and Gas Regulatory Authority (OGRA), Sui Northern has demanded an increase of Rs 773.50 per MMBTU in gas price from July 1, 2020. It has proposed to fix the average price of gas at Rs 1,404.91 per unit. In terms of operating income, an increase of Rs 60.41 per…
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Pakistan Stream Gas Pipeline Project: Pak-Russia Strategic Partnership
Flagship project of Pak-Russia strategic partnership has been inked last week when a deal was signed for laying the Pakistan Stream Gas Pipeline (PSGP), formerly known as North South Gas Pipeline. Since indigenously produced natural gas contributes only 38% to Pakistan’s energy supply, huge shortfall is bridged by importing gas, especially during demand peaks in winter. Global paradigm is shifting from unipolar era to multipolar scenario. Coming a long way from foes of Cold War to friends of today, Pakistan and Russia have entered into a mutually-beneficial relationship. The project…
Read MoreSupreme Petroleum Council Announces New Oil Discovery Of 22 Billion Barrels Of Non-conventional, Recoverable Crude Oil In Emirate Of Abu Dhabi
ABU DHABI, (UrduPoint / Pakistan Point News / WAM – 22nd Nov, 2020) The Supreme Petroleum Council (SPC) announced today the discovery of substantial recoverable unconventional oil resources located onshore, estimated at 22 billion stock tank barrels (STB), and an increase in conventional oil reserves of 2 billion STB in the Emirate of Abu Dhabi. The announcements were made following the SPC meeting presided over by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates (UAE) Armed Forces and Vice-Chairman of the SPC. At the meeting, the SPC approved ADNOC’s capital expenditure…
Read MoreNo plan yet to take over KE: SAPM
KARACHI: Special Assistant to the Prime Minister on Power (SAPM) Tabish Gauhar on Wednesday declared that the government was yet to take a decision regarding taking up of the administrative control of the K-Electric (KE). “The government may consider the proposal if the performance of the power supply company (KE) does not improve and Shanghai Electric does not come and invest in it,” he said. The SAPM was speaking to media after addressing an event titled “The Futures Summit” in Karachi. Highlighting the efforts of the government, Gohar said the…
Read MoreKP Govt To Complete Over 300 Small Dams
PESHAWAR, (APP – UrduPoint / Pakistan Point News – 18th Nov, 2020 ) :The government of Khyber Pakhtunkhwa would completer construction of 307 Mini Macro Hydro Power Projects (MMHPPs) considering the growing energy needs. “The KP government is fully geared up to continue pursuing the underlying message as spelled out by the then PTI chairman in Swat district in 2014 who expressed strong resolve to construct 350 mini dams in KP to overcome power crisis,” said spokesman of the Pakhtunkhwa Energy Development Organization (PEDO). Talking to APP, he said these…
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