By NewzTodays Editorial Team | February 17, 2022

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…

By NewzTodays Editorial Team | February 1, 2022

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…

By NewzTodays Editorial Team | January 31, 2022

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…

By NewzTodays Editorial Team | December 10, 2021

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…

By NewzTodays Editorial Team | December 1, 2021

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…

By NewzTodays Editorial Team | September 17, 2021

Ibn-e-Ameer Islamabad: Cabinet Committee on Energy (CCoE) has rejected a proposal to increase gas prices for consumers in the winter season. Petroleum division submitted the summary of Revision of Gas Tariff Slabs for Domestic consumers during winter November 21 to February 22 The petroleum division had proposed to increase gas prices for those consumers using…

By NewzTodays Editorial Team | August 26, 2021

Pakistan and Russia on Thursday agreed to follow laid down timelines to successfully implement the Pakistan Gas Stream Pipeline Project. Pak Russia gas pipeline is a strategic project between two countries. The Pak-Russia gas pipeline has made significant headway at the conclusion of the first technical session parleys between the respective sides. Two sides held…

By NewzTodays Editorial Team | August 26, 2021

Ibn-e-Ameer Islamabad: Gul Ahmed Textile Mills (GATM) has obtained a Court stay order against disconnection of gas supplies by Sui Southern Gas company limited (SSGC). The disconnection of gas supply to Gul Ahmed could affect its sale. Gul Ahmed has also several shops and retail outlets across the country. It is also capturing the world…

By NewzTodays Editorial Team | August 17, 2021

Oil and Gas Regulatory Authority (Ogra) has allowed an increase in gas prices up to 14 percent for gas utilities. The regulator has allowed 14 percent increase in gas prices for SNGPL and 7 percent for SSGC consumers. Oil and Gas Regulatory Authority (OGRA), under Section 8(1) of OGRA Ordinance, 2002, vide its decisions dated…

By NewzTodays Editorial Team | August 10, 2021

K-Electric and Pakistan LNG Limited (PLL) have signed a gas supply agreement for the 900 MW BQPS-III Plant. Federal Minister for Energy Mr. Muhammad Hammad Azhar today witnessed the historic signing by  CEO K-Electric (KE) Moonis Alvi and CEO Pakistan LNG Limited (PLL) Masood Nabi the first of its kind Gas Supply Agreement (GSA) between…