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 […]
Jun 9 2012 | Posted in
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LPG transportation ahead of challenging winter season in the country – Pakistan Oil & Gas sector update LAHORE: The LPG Association of Pakistan (LPGAP) said on Friday, the private sector of Pakistan has started importing the Liquefied Petroleum Gas to meet the challenging demand cycle during the winter season. “The private sector is robust and […]
Jun 8 2012 | Posted in
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Pakistan Government interested in trading petrochemicals with India – Pakistan oil and gas news Oil Minister Hussein Asim said on Monday that there is potential for trade in oil products between India and Pakistan, which is interested in importing heating oil and diesel fuel from a neighboring country. The start of negotiations in this area […]
Jun 8 2012 | Posted in
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Iran ready to finance Pakistan gas pipeline – Pakistan oil and gas news Iran is ready to finance the multibillion-dollar gas pipeline to Pakistan, who was detained for two years due to pressure from the West, the agency Fars News on Wednesday. "Financial difficulties and obstacles in some Western countries has slowed construction of the […]
Jun 7 2012 | Posted in
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UK support for ‘threatened’ oil companies and Falklands’ right to develop its own hydrocarbons industry – Oil and gas news update "The exploration of hydrocarbons in the waters of the Falklands is a legitimate commercial activity", said a spokeswoman from the Foreign Ministry immediately adds that the UK supports the right of Islands’ to develop […]
Jun 5 2012 | Posted in
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More oil and gas discoveries needed, says Petroleum Minister – Pakistan oil and gas sector update PAKISTAN- Minister of Petroleum and Natural Gas Reserves, Muhammad Ejaz Chaudhary has said that Pakistan will need to discover more oil and gas reserves to cope with the demanding challenges of winter in the future. The population of the […]
Jun 4 2012 | Posted in
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PPL wins gas block in Iraq- Oil and gas news Pakistan Iraq on Thursday opened the last day of the landmark sale of units awarded two exploration contracts, is better than a poor start that dampened hopes of cementing its role as a major global supplier. The final two days of the sale, the first […]
Jun 4 2012 | Posted in
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Power shortages continue to increase in the country – Pakistan oil and gas news Crisis in Pakistan, the authorities continue to pursue energy deficit grew to a record 8200 mega watts (MW), a famous news source reported on Wednesday. Currently, electricity is 8200 MW, while demand is 16,400 MW during the day. The deficit attributed […]
May 31 2012 | Posted in
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Pakistan natural gas crisis – Energy Sector Update 2012 Lahore – Pakistan is facing its worst energy crisis since its birth in1947. The country lacks proper natural resources management, thanks to incompetent ruling parties that have been not able to improve infrastructure and production facilities even after sixty four years of independence. It has been […]
May 29 2012 | Posted in
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‘Pak-Iran gas pipeline is extremely important for sub-continent – Pakistan Industrial Sector update LAHORE: Mashallah Shakari, the Iranian Ambassador to Pakistan, has said the potential Pakistan-Iran gas pipeline is of great geo-political value in the region as it is bound to bring energy revolution in Pakistan. Mr Shakari further added that the pipeline will bring […]
May 26 2012 | Posted in
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OGRA is ready to drop another bomb on the consumers – Pakistan oil and gas sector update ISLAMABAD – The authorities are likely to bomb the consumers with an increase in the oil costs by Rs 5 per liter from The month of June 01, next season, News Pakistan learnt from special sources on 26th […]
May 25 2012 | Posted in
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United States making efforts to fail Pak-Iran gas pipeline deal – Pakistan oil and gas news update If a Pakistani worker Imrah Haider were trapped inside the elevator on the market in Lahore, during one of the frequent interruptions in power supply of the city, in vain attempts were made to save him. But it […]
May 20 2012 | Posted in
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