Oil and Gas Development Company Limited (OGDCL), during the first quarter of the current fiscal year, has produced around 33,443 BOPD, 779 million MMCFD gas and 722 TDP LPG. The production witnessed a little decline as compared to 37,347 Barrel per Day (BPD) oil, 845 Metric Million Cubic Feet per Day (MMCFD) gas, and 805 Tons per Day (TPD) Liquefied Petroleum Gas (LPG) during the same period of the year 2021-22 due to torrential rains. “The company recorded a decrease in overall hydrocarbon production in comparison to the corresponding period of last year as various production-sustaining activities planned in the first quarter had to be deferred due…
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Plea against gas outages referred to high court bench headed by CJ
A Peshawar High Court bench on Tuesday referred a petition against the outages and low pressure of natural gas supplied to domestic consumers in Khyber Pakhtunkhwa to another chief justice-headed bench, which is already hearing the matter. The development came after Justice Mohammad Ibrahim Khan and Justice Ijaz Anwer heard arguments on the petition filed by advocate Abbas Khan Sangeen, who requested the court to declare gas loadshedding and low pressure unconstitutional and illegal. The petitioner contended that the Sui Northern Gas Pipelines Limited violated Article 158 of the Constitution…
Read MoreCoal mine security in Duki to be Enhanced: DC
Duki Deputy Commissioner (DC) Sahibzada Najeebullah Khan on Tuesday said that the district administration was taking steps to ensure the security of coal mines across the district. He expressed these views while chairing a meeting regarding the security of Meraj Coal Company. Wing Commander of FC 87 Wing Duki Col Nouman Mehboob, SP Duki Syed Sabur Agha, subcontractors of Miraj Area Zarif Khan Nasir, Abdul Hameed Nasir and President of Duki Press Club Allah Noor Nasir and others participated in the meeting. SP Syed Saboor Agha and Wing Commander Colonel…
Read MorePower Generation Remains Abysmally Low in December
Power demand fails to pick up in December 2022, showing the dismal state of energy sector as well as the national economy, official data available with The News suggested. According to the generation data, electricity supply recorded on December 13, 2022 hovered around 10,800MW, against demand of well over 13,500MW. It was shocking to note that the dismal level of power production and demand in the range of 10,500-11,500MW to 13,000-13,500MW was comparable with supply and demand level achieved way back in the year 2012. Instead of running power plants…
Read MoreDetermination of ERR, PERR: OGRA Refuses to Include Cost of RLNG Diversion
Oil and Gas Regulatory Authority (Ogra) has reportedly refused to include cost of RLNG diversion in the annual determination of Estimated Revenue Requirement (ERR), as well as, in the Review of Estimated Revenue Requirement (RERR) of the gas companies, saying that any such act will have significant impact on the prescribed prices besides legal obligations, sources close to Secretary Petroleum told Business Recorder. Ogra offered these comments on a summary of Petroleum Division titled “liquidity requirement of PSO for import of LNG and petroleum products” in the country. The summary is…
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