Tag: Gas

Gas pipeline blown up in Kandhkot

Some unidentified miscreants blew up a 16-inch diameter gas pipeline with explosives here on Tuesday. According to media reports, the pipeline carrying gas supplying from...

Financial advisors appointed for OGDCL exchangeable bonds

The Privatisation Commission has announced the appointment of a consortium consisting of Citibank, Credit Suisse, J.P Morgan and BMA Capital as Financial Advisory Consortium...

16 Inch gas pipeline blow up in Kashmore

A gas pipeline of sixteen inch diameter blew up in wee hours of Friday, in district Kashmor, suspending gas supply to various areas of...

Two die from poisonous gas

At least two people died and one was injured owing to poisonous gas. Reportedly, the poisonous gas leaked out in a local rice factory...

APLMA slams lube oil price increases

National Refinery has once again increased the prices of lube base oil by Rs 3.0 per litre which would result in sharp increase in...

Oil and gas sector to be revamped to meet energy demand:...

Prime Minister Syed Yusuf Raza Gilani on Tuesday said the government had decided to reinvigorate the oil and gas sector to enhance production for meeting...

Gas outages bring fertiliser industry on the verge of collapse

ISLAMABAD - Persistent gas shortages and unilateral decision of gas utility companies to curtail feedstock gas supplies to urea plants, for a fortnight per month, have brought fertiliser industry on the verge of collapse.
The perturbed chief executives of fertiliser industry presented this horrific scenario at a meeting chaired by the Minister for Industries Mir Hazar Khan Bijarani.
They said that the shutdown of gas supplies for 15 days every month would completely damage

Circular debt rings alarm bells for oil, gas exploration companies

KARACHI - The lingering circular debt issue, coupled with heightened security concerns, has forced local oil and gas exploration companies to curtail exploration and development (E & D) activities. Industry analysts observed that E & D activities depicted a significant decline of 40 percent in the nine months of FY11, as a meager 30 wells were spudded in contrast with 50 wells in the same period last year. They further underlined that bifurcation of the number reflects the gravity of

Summaries seeking dismissals of oil and gas MDs sent to PM

ISLAMABAD - The Ministry of Petroleum on Tuesday forwarded separate summaries seeking removal of incumbent head of all state owned oil and gas entities to the prime minister, an official source said. The summaries were sent to the PM, as he is the appointing authority. A separate summary for each MD was sent along with his details and criteria for the appointment to the post.
For the interim period, the ministry had recommended giving the acting charge to the second-in-command,

Gas crisis can ‘sink the country’, says Dr Asim

ISLAMABAD - Warning that the gas crisis could "sink the country" if it continued, the newly-appointed Adviser to the Prime Minister on Petroleum Dr Asim Hussain said on Monday that immediate remedial measures were required to end the crisis and the decision to dismiss the heads of state-owned oil and gas entities was made because of their failure to deliver and perform as a team. Hussain told a press conference quite candidly that the gas crisis could not be overcome in the short

No new gas connections for commercial users

LAHORE - The provision of new gas connections for industrial and commercial use would halt for one or two months, sources in Sui Northern Gas Pipelines Limited (SNGPL) told Pakistan Today on Monday. Prime Minister Yosaf Raza Gilani on Sunday said that provision of new gas connections would halt for the next six months. The SNGPL officials said that the government was not in a mood of stopping gas connections for domestic use, as it could result in the loss of public support for the

Major revamp in oil and gas sector, all MDs sacked

ISLAMABAD - As the energy crisis in the country continues to worsen, the government finally decided on Sunday to revamp the oil and gas sector by sacking all managing directors of various companies operating under the Ministry of Petroleum and Natural Resources.
This, among a number of other decisions, was taken at a meeting between Prime Minister Yousaf Raza Gilani and Senator Dr Asim Hussain, who was appointed Adviser to the Prime Minister on Petroleum earlier on Sunday night.

Gas pipeline blown up in Dera Bugti

DERA BUGTI - Unidentified attackers blew up a gas supplying junction pipeline in Pir Koh area of district Dera Bugti on Saturday.
Levies officials confirmed that the 24-inch diameter gas pipeline at the Pir Koh Gas Field was blown up by attackers using a remote controlled device. The explosion has affected the functioning process of gas wells and gas supply has been suspended.
Heavy contingent of Levies Force along with the security forces reached the place and cordoned off

Stakeholders agree to share 25% of gas shortage

ISLAMABAD - A meeting, called to sort out differences on gas load management, unanimously decided to share 25 percent of gas shortage until June 30. However, the final plan would be fine-tuned on April 20.
The Sui Northern Gas Pipelines Limited (SNGPL) authorities informed the meeting that the company was supplying 1.85 billion cubic feet of gas per day (bcfd) to its consumers and was facing a shortfall of 400mcfd. The meeting was chaired by Minister for Water and Power Naveed

Faisalabad industrialists up in arms over gas shortages

FAISALABAD - Thousands of textile workers and industrialists streamed into city streets, once again, to protest against three-day weekly gas load-shedding that has literally crushed the business activity in the city called the Manchester of Pakistan.
The industry figures have threatened to turn the intermittent protests into an organised movement and have announced to reschedule their long march to Islamabad that was earlier called off at the intervention of Punjab Chief Minster

Sahiwal CNG Association goes on strike against gas cuts

SAHIWAL - The Sahiwal CNG Association observed a complete strike in protest against two-day gas load shedding carried out by the Sui Northern Gas Pipelines (SNGPL). A protest rally was also carried out from Chowk Yadgar to Sui gas office that was led by association's President Haji Muhammad Riaz.
Offices bearers Ch Suleman Ahmad, Mirza Jafar, Ch Muhammad Akram, Rana Nisar Ahmad, Mian Amjid Munir, Ch Rashid Hameed, Muhammad Tariq and Ch Muhammad Usman were also present in the

‘Gas load shedding will end by next month’

KARACHI - Petroleum Secretary Imtiaz H Kazi on Thursday assured that load shedding for compressed natural gas (CNG) will end by the next month.
He said this while talking to a delegation led by CNG Station Owners Association Chairman Malik Khuda Baksh, which had called on Kazi and Gas Director General Mohammad Azam for discussing the problems being faced by CNG retailers and consumers due to the ongoing gas load shedding.
Kazi and Azam explained that due to annual repair and