Local gas fields threatened with LNG imports Blogging Sole

The image of representation shows that a liquefied natural gas oil tanker is pulled to a thermal power plant in Futsu, east of Tokyo, Japan on November 13, 2017 - Reuters
The image of representation shows that a liquefied natural gas oil tanker is pulled to a thermal power plant in Futsu, east of Tokyo, Japan on November 13, 2017 – Reuters
  • 10 monthly LNG cargoes on the touch of domestic gas fields.
  • The concerns raised on the delays of Iran-Pakistan pipeline.
  • The senatorial committee calls for urgent surveillance in the gas sector.

Islamabad: Pakistan’s interior gas fields face stops while imports of liquefied natural gas (LNG) from Qatar put growing pressure on the country’s aging pipeline infrastructure, a Senate committee has been informed Monday.

According to The newsOfficials have informed the legislators that, under an existing agreement with Qatar, Pakistan imports 10 LNG cargoes per month, put the sidelines of local gas production.

They warned that the deterioration of pipelines, already under immense pressure, faces an increased risk of rupture, while the limited storage capacity continues to make challenges for supply management.

The Petrole Senate Committee that met here the Senator Umar Farooq in the president, called for urgent surveillance, urging a detailed daily examination of drilling operations and costs.

Farooq has recommended a full report on gas extraction, drilling frequency and deadlines to assess sustainability.

The Committee has also raised serious concerns concerning delays in the Iran-Pakistan gas pipeline, noting that if development projects are faced with restrictions, goods continue to arrive from Iran without sanctions.

The panel examined financial and administrative irregularities in the oil and gas sector.

The legislators criticized the Oil and Gaz Limited (OGDCL) development company for failing to issue a production bonus despite a decision of the Supreme Court. The officials argued that the OGDCL was not obliged to pay, but the Ministry of Petroleum had not yet examined the judgment of the Court.

The Committee has also been informed of major financial administrative irregularities, including details of requests in the past three years.

It has been reported that the diversion of pipeline equipment at the Central Base Store (CBS) in manga by company officials had led to a financial loss of nearly 380 million rupees.

Senator Umar Farooq asked for clarity on the declared loss and, during the survey, the officials confirmed the amount.

Likewise, the Committee was informed of the Bannu West project, where the stolen civilian equipment had led to a financial loss estimated at 5 million rupees.

In addition, the misappropriation of industrial materials put to the rebuilding of Lahore CMS and the recovery of approximately 28 million rupees were also reported.

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