Attock Refinery Limited (ARL) has warned Oil and Gas Regulatory Authority (Ogra) of going for a complete shutdown during the upcoming week due to refusal of oil marketing companies (OMCs) to lift oil stocks due to heavy imports. In an urgent letter written to Ogra Chairman Masroor Khan on Thursday, ARL Chief Executive Officer Adil Khattak drew attention towards the high stocks of petroleum products that were going to force the refinery towards a complete shutdown. “The country is already facing a crisis of foreign exchange. In such a situation,…
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Sales-strapped ARL fears closure as OMCs rely on imports
The sales-strapped Attock Refinery Limited (ARL) on Thursday shouted out to apex oil sector regulator to save it from a full-scale shutdown owing to a drastic fall in the upliftment of petroleum products by the oil marketing companies (OMCs) that are now relying more on somewhat cheaper imports, The News learnt on Thursday. “If the OMCs do not increase lifting petroleum products from ARL, the disruption of the entire crude oil and gas supply chain cannot be ruled out including the supplies to the Armed Forces and Islamabad Airport,” said…
Read MoreKE Continues to Ensure Supply During Ongoing Monsoon Spell
Reports indicate that the province has received 308% more rainfall than historic average in July 2022 alone, with at least 800mm of rain in the last 48 days in Karachi alone. KE’s network of over 1900 feeders remained stable, powering the city during the ongoing spells. The maximum number of feeders powered down for safety reasons were less than 100, out of which the majority were in areas where prevalence of kundas or waterlogging posed a hazard to citizens. Commenting on the matter, Director Communications and KE’s Spokesperson Mr. Imran…
Read MoreChina’s Power Crisis Could Spark A Spike In Coal Consumption
A heatwave-induced power crisis is spreading across southwestern China, shuttering factories and worsening by the day, according to Nikkei Asia. The latest news from China is the Chongqing municipal government ordered factories, including Japanese-owned ones, to suspend production through Aug. 24 to conserve power as demand surges because of extreme heat. Chongqing is following its neighbor, Sichuan Province, which announced earlier this week that slumping hydropower generation has led to the closure of some of the world’s largest multinationals, including Toyota Motor Corp. and Contemporary Amperex Technology Co. Moody’s Vice…
Read MoreTindo Unveils 410 W Solar Panel with 20.6% Efficiency
Tindo Solar, Australia’s only solar panel manufacturer, has released its largest residential rooftop module yet. It said that its 410 W Karra panel has now been certified for sale and STC rebates. The 410 W Karra panel is made with 108 half-cut monocrystalline cells based on M10 wafers (182 mm). It operates with a maximum system voltage of 1,500 V and a temperature coefficient of -0.34% per degree Celsius. The new panel measures 1,731 mm x 1,149 mm x 40 mm and weighs 21.5 kg. It is built with fully…
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