Category: News & Announcement

ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 6th Feb, 2020 ) :The overall production of petroleum commodities witnessed a decrease of 12.19 per cent during first five months of the current fiscal year (July-November) as compared to corresponding period of 2018-19. The petroleum products that showed negative growth included Jet Fuel Oil, the production of which decreased by 4.12 percent during the period under review, according to the data placed on official website of Pakistan Bureau of Statistics. Similarly, the production of Kerosene Oil, Motor Spirit Oil, High Speed Diesel, Furnace Oil, Lubricating Oil, Jute…

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ISLAMABAD: The government is working on a new LPG policy through which it aims to slash taxes on imported LPG, marketing and distribution margins while linking locally produced LPG with 90% of Saudi Aramco contract price (CP). The Petroleum Division has further proposed that the state-owned companies must import at least 50% of yearly LPG demand deficit and develop storages. At present, the Oil and Gas Regulatory Authority (Ogra) has been notifying LPG prices since February 2018 based on the matters that producers’ price to be determined monthly is based on…

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KARACHI: Pakistan Petroleum Limited (PPL) plans to export up to 400,000 barrels of crude condensate produced from its Gambat South Block, as the company explores opportunities to grow internationally and become a regional leader in exploration and production, The News has learnt. According to a company document, the PPL aims to export as much as 32,500 barrels/month through a third party contractor. Gambat South is located in District Sanghar, Sindh. The block was granted to PPL in December 2009. Later, the company farmed out 10 percent of its working interest…

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The biogas initiative was launched in Pakistan as early as the 1980s. In the meantime, almost nothing of significance has happened; a few thousand family sized biogas units have been installed, thanks to the RSPN and others’ action or lack of it. By comparison, India has installed 4 million units and China six million household units. This translates to one biogas unit per every 10 households and one out of every 10 households in India. We need biogas, especially, in our rural areas. Pipeline gas provides gas only to 20…

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Solar panel technology has played an essential role in the overall shift to renewable and sustainable energy sources. However, one of the major downfalls of this method is that it cannot generate energy after sunset. This might change in the near future. According to researchers, combining photovoltaic cells with thermoradiative cells can help the solar panels generate at least one-quarter of energy at night as well. For the uninitiated, thermoradiative cells are devices that generate power by using the energy emitted by radiative cooling. Currently, these cells are being tested…

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