The Sui Southern Gas Company (SSGC) has reported a further drop of 40 million cubic feet per day (mmcfd) of gas in its system from two production fields, widening the gap between the demand and supply of the fuel in the current winter season to over 300mmcfd on Saturday. “SSGC is facing a cumulative drop of 40mmcfd from Bhit and Sawan gas fields since Saturday morning due to technical faults,” SSGC reported on Saturday. “The drop has badly affected the SSGC (supply) systems.” The decline occurred at a time when…
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Growth Risks May Recur
SHAKING off last year’s haunting images of human misery around them, Pakistanis remained true to their elements and refused to surrender to despair. Be they images of makeshift crematoriums in India at the height of Covid outbreak in June, or those of Afghans, desperate to leave the country after the Taliban takeover, falling to death on the tarmac of Kabul airport from exiting US planes in August, Pakistanis continued their fight to beat the odds. It is some audacity on their part to not just live on but to expect…
Read MoreHeating Price Disparities
As winters go deep, the all-so-familiar natural gas crisis goes deeper. People are struggling to meet the heating requirements across the country. The national pipeline network serves no less than 12 million households. Save for two to three months of trouble, where some may have to rush for alternate arrangements to piped gas – natural gas to these 12 million households is largely a smooth affair. And more importantly, a very cheap one. The other two-third of the households in Pakistan do not have the luxury to piped gas. While…
Read MoreRenewable Energy
The recently announced World Economic Forum’s Energy Transition Index 2021 has ranked Denmark, Finland and the United Kingdom among the top 10 countries that are well on their way to transition from fossil-based energy mix of oil, natural gas and coal to renewable energy sources like wind, biogas, biomass, solar and renewable battery technology. The 50 top-ranking nations in this category are mostly European countries. In the process many of these nations have already reached the mark to provide their consumers a reliable, environment-friendly and cost-effective source of energy while…
Read MoreThe Great LNG Scramble
The Pakistan Tehreek-i-Insaf (PTI) government just completed three years in office. And for the third winter in a row, the government is left scrambling at the very last minute to arrange supplies of liquefied natural gas (LNG) for the winter months, when demand spikes and domestic production is unable to keep pace. This year, LNG prices have shot up at a dizzying pace and are hitting record highs. Some countries secured themselves by placing orders for their winter demand much earlier, but those that missed the boat, or find themselves…
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