Posts tagged as: gas

Baluchistan criticizes draft petroleum policy – Pakistan oil and gas sector update

Baluchistan criticizes draft petroleum policy – Pakistan oil and gas sector update ISLAMABAD (APP) – Parliamentary Secretary for Industries and Production Pir Haider Ali Shah on Sunday proposed certain amendments in the draft petroleum policy 2011, to promote exploration activity in Khyber Pakhtunkhwa (KP) and Balochistan. He said the draft policy was contemplating to disband […]

Pakistan to import more gas from Iran – Pakistan oil and gas sector update

Pakistan to import more gas from Iran – Pakistan oil and gas sector update ISLAMABAD – It has been learnt from reliable sources that federal government of Pakistan has decided to negotiate with Iran to increase its natural gas imports for the running tax year. Currently, Pakistan is importing 750 million cubic meters of per […]

OGRA will save billions of rupees from Gas Act 2011– Pakistan oil and gas sector update

OGRA will save billions of rupees from Gas Act 2011– Pakistan oil and gas sector update PAKISTAN – In an attempt to overcome gas losses causing billions worth of damage to the over burdened consumers, Oil and Gas Regulatory Authority (Ogra) has finally resolved revolutionary measures by keeping gas theft related matter at cove in […]

A Grave Situation for Pakistan

The decision of the Economic Coordination Committee for the curtailment of gas supply to fertilizer plants was overturned by Prime Minister Yousuf Raza Gillani to add another feather to the list of such lapses.   The ECC approved a gas load management for November, 2011, but the Premier was quick to overturn this decision after […]

More oil and gas discoveries are need, Petroleum Minister – Pakistan oil and gas sector update

More oil and gas discoveries are need, 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 […]

Changing Policy Patterns in Pakistan

The decision of the Economic Coordination Committee for the curtailment of gas supply to fertilizer plants was overturned by Prime Minister Yousuf Raza Gillani to add another feather to the list of such lapses.   The ECC approved a gas load management for November, 2011, but the Premier was quick to overturn this decision after […]

KESC to be paid the price differential for continuous power supply – Pakistan oil & gas sector update

KESC to be paid the price differential for continuous power supply – Pakistan oil & gas sector update PAKISTAN: It has been learnt from reliable sources that federal government of Pakistan will be providing billions of rupees to Karachi Electric Supply Company (KESC) to balance the difference in furnace oil and gas prices that ensured […]

Decision of Gas load management overturned by PM Gillani

Decision of Gas load management overturned by PM Gillani The decision of the Economic Coordination Committee for the curtailment of gas supply to fertilizer plants was overturned by Prime Minister Yousuf Raza Gillani to add another feather to the list of such lapses.   The ECC approved a gas load management for November, 2011, but […]

Pakistan and Turkmenistan encourage better relations as Pakistan fulfils their energy needs

Pakistan and Turkmenistan encourage better relations as Pakistan fulfils their energy needs Pakistan and Turkmenistan, on Monday, agreed on a comprehensive partnership for peace and development with the host country offering transit routes and sea ports and the visitors assuring to meet its energy needs. President Asif Ali Zardari and his Turkmen counterpart Gurbanguly Berdy-muhammedov, […]

Gas management plane on the offering, as severe shortage about to strike in winter

With many regions of the country already suffering from shortage of gas, the government is working out  a gas management plan for the winter season. With increasing demand of gas on domestic and industrial level in winter, the government is thinking of devising a plan to distribute gas among all provinces according to their required […]

Pakistan natural gas crisis – Energy Sector Update 2011

Pakistan natural gas crisis – Energy Sector Update 2011 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 […]

Gas Prices Likely to increase from January 2012- Oil and Gas sector update

Gas Prices Likely to increase from January 2012- Oil and Gas sector update Islamabad- Oil and Gas Authority of Pakistan (OGRA) reported on Friday that it will be forced to put extra burden on it consumers by increasing the gas tariff by up to Rs 50 per mmbtu from the start of next year. Such […]

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