MD SNGPL has reiterated its commitments to broad-based gas sector reforms while opening the gas sector to the competitive private sector. He said while addressing Pakistan Energy Reform Summit 2022. Former Prime Minister of Pakistan / Former Federal Minister for Petroleum Mr. Shahid Khaqan Abbasi, Minister for Power Mr. Khurram Dastagir and Minister of State…
Sui Southern Gas Company Limited (SSGCL) has sought an increase of 44.8 percent in gas price to meet the revenue shortfall for the financial year 2022-23. The oil and Gas Regulatory Authority held a public hearing in Karachi on Thursday to consider Sui Southern Gas Company Limited (SSGCL)’s petition for Determination of its Estimated Revenue…
Sui Northern Gas Pipeline Limited (SNGPL) has sought a massive increase in gas price up to 66 percent for the financial year 22-23. The oil and Gas Regulatory Authority held a public hearing in Lahore on Wednesday. The regulator considered SNGPL’s petition to determine its Estimated Revenue Requirements and prescribed prices for FY 2022-23. The…
Mari Petroleum Commences Gas Production from Newly Constructed Sachal Gas Processing Complex – (formerly known as GTH Gas Processing Facilities) Mari Petroleum Company Limited (MPCL) is pleased to announce the commencement of the first gas from the Tipu compartment of the “Goru B” reservoir. Initially, approximately 20 mmscfd of pipeline quality gas will be supplied…
Gas prices are likely to go up by 30% in Pakistan, mainly due to the inclusion of expensive LNG prices in indigenous gas and spike in global prices. There are several factors that would contribute to a hike in gas prices in Pakistan. They are the incorporation of expensive LNG, the recent spike in the…
Pakistan State Oil and Sui Northern Gas Pipeline Limited (SNGPL) will enjoy some relief after Senate passes the weighted average cost of gas (WACOG) bill to reduce circular debt. At present, PSO and SNGPL are facing mounting circular debt due to diverting LNG towards domestic consumers to overcome the gas crisis. The major beneficiary of…
News Report Stay orders are costing Sui Southern Gas Company (SSGC) heavily and affecting the company’s efforts to keep its infrastructure intact of gas intact. Stay orders, whether it’s against disconnection or price increase are costing SSGC heavily and affecting the Company’s efforts to keep its gas infrastructure intact. It says that stay orders are…
News Report Pakistan and Turkmenistan are likely to make headway on gas prices review issues relating to Turkmenistan-Afghanistan-Pakistan and India (TAPI) gas pipeline project. United States (US) has been backing this project and even Afghan Taliban have also assured support for this project. A delegation of Turkeminanstan is here in Pakistan to resolve issues of…
Aftab Ahmed Islamabad: The ECC of the Cabinet on Friday will approve the allocation of 10 MMCFD gas from Mitha and Bitro fields to SSGCL. The price of the gas will be as per the applicable Petroleum Policy, said a summary. The Mitha and Bitro Fields are located in Sindh Province, in District Ghotki (Mubarak…
News Report Managing Director Sui Northern Gas Pipeline Limited (SNGPL) Ali J Hamdani said on Wednesday requested Ogra to allow just and equitable revenue requirements. He made these remarks while considering SNGPL’s Petition regarding the Review of Estimated Revenue Requirement for FY 2021-22. In response to the petition filed by SNGPL in respect of the…