Category: Uncategorized

Gas consumption deflates 8.61 percent in 9MFY23

Admin
Gas-consumption

LAHORE: Average natural gas consumption reduced by 8.61 percent to 3,258 million cubic feet per day (mmcfd) year-on-year in July-March 2023 (9MFY23) period against 3,565 mmcfd use recorded in the corresponding period last year.According to Economic Survey 2023 released by the government, total consumption of indigenous gas and imported Regasified Liquefied Natural Gas (RLNG) stood at 2,627 mmcfd and 631 mmcfd, respectively, during Jul-Mar FY2023. System or indigenous gas supply during the period contracted by 75mmcfd or 2.85 percent to 2,627 mmcfd while availability of imported RLNG reduced by 232…

Read More

Govt slashes RLNG Govt slashes RLNG prices up to 5.2pc for June 2023 up to 5.2pc for June 2023

Admin

ISLAMABAD: The government on Thursday cut the re-gasified liquefied natural gas (RLNG) prices for both the Sui companies by up to $0.714 per MMBtu (or 5.22 percent) for the month of June, 2023. RLNG price for the Sui Northern Gas Pipelines Limited (SNGPL) consumers has been reduced by $0.6816 per MMBtu, while for Sui Southern Gas Company (SSGC) clients, prices have been decreased by $0.714 per MMBtu from the previous month (May 2023).According to the notification issued by Oil and Gas Regulatory Authority, RLNG weighted average sale provisional price has…

Read More

Total PARCO Pakistan Limited Organizes University Day at GCU Lahore

Admin
Total-PARCO

Total PARCO Pakistan Limited, one of the largest multinational energy company in Pakistan, recently organized an event titled “Transforming Lives with Positive Action in New Reality” at Government College University (GCU) in Lahore. The event featured Mr. Mehmet Celepoglu, Chief Executive Officer of Total PARCO Pakistan Limited (TPPL), who delivered an inspiring speech to the young students and enthusiastic audience from various walks of life.During the event we witnessed Mr. Mehmet Celepoglu engaging with the audience, both in-person at a packed auditorium and digitally, with thousands of participants including students,…

Read More

Renewable energy: German envoy urges govt to approve Cat-III projects

Admin

ISLAMABAD: German Ambassador Alfred Grannas has urged the government to approve Category-III renewable energy projects to provide affordable and clean energy to underprivileged parts of the country. In a letter to Minister for Power, Khurram Dastgir Khan, German Ambassador referred to M/s ibvogt GmbH, one of the German largest solar developers, which has been actively involved in the development of a solar project portfolio in Pakistan, with a total capacity nearing 300MW. According to the ambassador, amongst these projects, the Gwadar solar project, named “P&G Energy Pvt Ltd” stands out…

Read More

Government of Pakistan Petroleum Division

Admin
Oil-gains

TAPI is a transformation agenda for the region not just a pipeline,” said Dr Musadik Malik. A high level delegation of Turkmenistan led by State Minister & Chairman of Turkmengas Mr. Maksat Babayev, held meeting with the Pakistani delegation led by Minister Of State for Petroleum Dr. Musadik Malik here today. Both sides discussed various aspects of the flagship Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. Minister reiterated Pakistan’s commitment to TAPI project and highlighted the energy potential Turkmenistan holds. “TAPI is a transformation agenda for the region not just a pipeline,”…

Read More