Petroleum products prices to be raised – Pakistan oil and gas news

Petroleum products prices to be raised – Pakistan oil and gas news

After the completion of two gas pipelines and the possibility of import transactions of liquefied natural gas import has worked extensively in the lease, the Ministry of Oil seeks introduction of process gas infrastructure to the maximum limit for raising
funds for laying a completely new gas transmission infrastructure to import natural gas to the national transmission network dadenyh.

A source said that the Ministry of Petroleum sought hike in gas tax on fertilizer sector from the current level of 197 rupees per million Btu at 300 rupees per million Btu, LNG in the region of one of the Rs 144 to Rs 300 million Btu, and the region 2 79
rupees to 200 rupees million Btu, the industrial sector, Rs 13 to Rs 100 million Btu, generating companies and KESC from Rs 27 to Rs 100 per mmBtu and the IPPs from Rs 70 to Rs 100 million for the tax imposed BTE.

Urad Gas from the beginning of the current calendar year. She was supposed to be used for the development of new gas infrastructure and subsidies for alternative fuels in the energy balance of the move, which was openly dependent on low cost natural gas.
It has been estimated to generate 16 to Rs 18 billion during the last two quarters of this fiscal year.

Nevertheless, the goal is unlikely to be achieved because of the extreme shortage of gas during the last winter sezonu.Urad to create close to Rs 40 billion per year, with the process to offer as collateral for the bank agreeing to finance an estimated 120
billion rupees Iran Pakistan gas pipeline infrastructure, and allocated Rs 100.000.000.000 LNG transfer line shape of the port of Karachi to the power house Penzhab.

Naftavay Minister, Dr Asim Hussain confirmed that they were trying to introduce the gas tax to a maximum limit, as it was one of the options provide a more timely necessary pipeline infrastructure. According to him, the gas tax was not part of the financial
accounts and will be implemented after approval from the government. He said the government will decide to limit the tax will be increased, although the Ministry of recommended hikes to maximize abmezhavana.

Pa minister said the increase was necessary to change the energy mix and ensure the implementation of other fuels as well as hydrocarbons, and can not meet growing energy needs. Coal and hydel should be used to obtain more power from these resursav.Kali
asked that oil and gas management (OGRA) has determined to lower prices to July 1, 2012 what will be its influence on the process.

Furious, the minister called a bounded steering body is trying to undermine the government’s attempts to change the structure energetyki.Pa minister said he would write a complaint letter to the Prime Minister noted the neglect of government policy decisions
of the authorities restricted. They destroy the government’s attempts to put the sector in the right direction.

Short URL: https://www.newspakistan.pk/?p=25301

Posted by Ahmed Tariq on Jun 9 2012. Filed under Pakistan, Sci-Tech. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry