Category: Shortcode

The Chairman (OGRA) along with Member (Oil) and senior OGRA’s officials conducted a day long visit to PPL’s ADHI Field to monitor their operational parameters and safety preparedness.

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ogra-lpg

It was a good learning experience for OGRA‘s management in which PPL’s Adhi team demonstrated their operational capabilities and professional acumen. This facility is presently feeding 55 MMCFD gas, 6,000 barrels crude oil and 200 M.Tons LPG to our country. PPL exhibited latest safety techniques to cope the safety challenges or untoward accidents, which were found satisfactory and up to the mark.

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IPP payments, Gwadar power plant: MoFA asks PD to address Chinese concerns

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ISLAMABAD: The Ministry of Foreign Affairs (MoFA) has asked Power Division to develop concrete measures to address Chinese concerns, especially those related to the delayed IPP payments, Gwadar power plant and return on investment to the stakeholders in CPEC projects, well informed sources told Business Recorder. The overdue amount of CPEC power projects has reached Rs 526 billion, mainly due to delay in release of subsidies for the last quarter of current fiscal year, low collection due to winter season and another hit of Rs 100 billion arrears on account…

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PPIB urges S Arabia to finalise G2G framework pact

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Power-generation

ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has asked Saudi Arabia to expedite finalization of Government to Government (G2G) framework agreement, enabling both countries to proceed towards commercial agreements and tariffs on about a dozen projects, well-informed sources told Business Recorder. A high-level Saudi delegation led by the Foreign Minister visited Pakistan during the third week of April and held meetings at the highest level including line ministries to finalize agenda for the forthcoming private sector delegation to be led by Investment Minister which is due on May 5,…

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Exploration firm targets major fields OGDCL aims to enhance hydrocarbon output, tackle crisis with new technology

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ogdcl

Exploration firm targets major fields OGDCL aims to enhance hydrocarbon output, tackle crisis with new technology May 3, 2024 ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), the largest hydrocarbon explorer in Pakistan, has targeted 20 major fields, mainly in the north and south, to enhance production and contribute to overcoming the energy crisis in the country. Owing to the rising demand for gas, Pakistan is relying more on the imported liquefied natural gas (LNG) as its share has swelled to 24% in the energy mix. However, in many countries,…

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Safety concerns prompt shutdown of Neelum-Jhelum power plant

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neelum-jhelum

ISLAMABAD: The Water and Power Development Authority (Wapda) announced on Thursday that the 969-megawatt Neelum-Jhelum Hydro­power Project, valued at over Rs500 billion, has been completely shut down for inspection. The decision follows a major operational issue detected a month ago, leading to significant pressure fluctuations in the project’s headrace tunnel, Wapda said in a statement. It said that a comprehensive plan would be chalked out in coordination with project consultants and international experts to undertake remedial works to rectify the issue once the problem is traced. A sudden change in…

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