Mari Petroleum Company Limited (MPCL) has supplied 40 million cubic feet per day (MMCFD) to the national grid on a fast track basis to address woes of electricity load shedding. Sources told Newztodays.com that Mari Petroleum has been supplying 110 mmcfd gas to CPGCL/GENCO-II. However, this power plant operates on and off due to merit…
CCoE considers the option of executing the project by state-owned gas utilities-SNGPL and SSGC Aftab Ahmed Islamabad: The government has missed the deadline of the Supreme Court to start construction work on the North-South Gas Pipeline Project. Now, the government considers the option of executing the project by state-owned companies-SNGPL and SSGC as Pakistan has…
President FPCCI Nasir Hayat Magoon on Monday said a nationwide gas suspension for seven unacceptable as it will take a toll on masses and industry while the CNG sector will be one of the worst-hit. Sales tax on LNG import for the CNG sector has been increased by 12 percent while five percent Customs duty has been…
Aftab Ahmed Sui Southern Gas Company (SSGC) has booked Rs 30 billion to recover it in a gas bill from customers as a result of the LNG swap. Sources told Newztodays.com that SSGC had earlier booked Rs 15 billion last year on account of an and wanted to recover a gas bill from the customers….
Aftab Ahmed Islamabad: The Cabinet Committee on Energy (CCoE) may approve the suspension of gas supply to fertilizer plants under the gas load management plan if it allows Engro LNG terminal for dry docking. The CCoE in a meeting held on Thursday would discuss two options. The first option included disallowing the Engro LNG terminal…
Aftab Ahmed Islamabad: India is shy of moving ahead on Russia’s offshore gas pipeline project due to a diplomatic row with Pakistan. Pakistan and Russia had signed an inter-corporate agreement in February 2019 in a bid to build an offshore gas pipeline. India has been an ally of the United States (US) for a long….
The Sui Southern Gas Company Limited (SSGC) has said that claim of Sui Northern Gas Pipeline Limited (SNGPL) to recover Rs 52.3 billion is an incorrect assertion. SSGC in a statement said that this is a clarification of a news item published in NewzTodays. The news item says that “Sources told Newztodays.com that SNGPL to…
Aftab Ahmed Islamabad: The Cabinet Committee on Energy (CCoE) has directed the Petroleum Division to expedite the work on Pakistan Russia gas pipeline-North South Gas Pipeline Project. Pakistan and Russia are working on North-South Gas Pipeline Project to transport gas from Karachi to Lahore. Two sides signed Inter-governmental Agreement in 2015. However, the project suffered…
Pakistan and Russia on Friday signed a revised Inter-Governmental Agreement (IGA) to kick off construction work on the North-South Gas Pipeline project. Pakistan and Russia had signed IGA in 2015 to execute a gas pipeline project but they could not kick off construction work due to US sanctions on Russian firms. They had now revised…
Mari Petroleum has announced the commencement of natural gas production from Benari X-1 Field in Shah Bandar Block w.e.f 3rd May 2021. The country needs more gas produced locally because it is not only a cheaper source of burning but also overall has a soothing impact on the environment as well. Cabinet allows Mari Petroleum…