The headquarters of the Oil and Gas Regulatory Authority (OGRA). – App / file The revised gas prices for FY2025-26 by OGRA. RS534BN Back needed to settle for SNGPL. Final rates subject to government approval. Islamabad: the oil and gas regulatory authority (OGRA) proposed on Tuesday revised gas prices for financial year 2025-26, recommending an … Read more
A person can be seen light a stove. – AFP / File Karachi: Suis Northern Gas Pipelines Limited (SNGP) projected a suspension of 354 MMCFD of natural gas purchases from local exploration and production companies (E&P), citing an excess offer of liquefied natural gas (RLNG) and the gradual anticipated gradual lag of captive electricity consumers. … Read more
Listen to the article The gas supply to Karachi is expected to improve during Sehri’s hours according to emergency measures taken from the Prime Minister’s directives, the acting director of SUTHERN GAS COMPANY (SSGC) announced on Monday. Amin Rajput, the MD of SSGC actor, said that the offer has already shown improvement and stabilizes more … Read more
The flames of a gas burner on a stove are visible. – Reuters The SUTH Southern Gas Company said on Monday that it had held emergency meetings – at the secretary and minister’s levels with the MDS and the senior management of SSGC companies – after complaints were received concerning the disturbances in gas food. … Read more
Image of representation of a gas stove. – Reuters Karachi: As Ramadan is less than a week, the SUTHERN GAS COMPANY (SSGC) announced on Wednesday the gas supply schedule for the sacred month. In a press release, the SSGC said that gas would be available from 3 a.m. to 9 a.m. for Sehri (meal before … Read more
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 … Read more
This photo shows the flames of a lit burner of a gas stove. – AFP / File The Economic Coordination Committee (ECC) on Saturday rejected a proposal by the Petroleum Division to increase gas tariffs for domestic consumers, citing the need to ease rising inflation. The ECC met in Islamabad under the chairmanship of Federal … Read more
A representative image of a MOL Pakistan Oil and Gas Company field station site. — MOL Pakistan website/file The main oil fields experience a drop in production between July and December. Other gas fields of Mari, Qadirpur, Sui and Sharf also report decline to go out. Oil production fell 12% while gas production fell 7%. … Read more
Flames from a gas stove. — Reuters/File Implementation involves a cap of 100 million cubic feet of gas to be sold to the private sector. Circular debt must be reduced through timely advance payments to E&P companies. The notified decision of the government has virtually liberalized the upstream oil and gas sector. ISLAMABAD: The monopoly … Read more
Brokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Thursday, October 17, 2024. — PPI The market opened the week in the red and fell 1.13% at the end of the session. The KSE-100 index fell 1,331.86 points, closing at 116,255.12. The intraday high of 118,735.09 reversed to hit the low … Read more
An undated image of a MOL Pakistan exploration site. — MOL Pakistan website/file Circular debt creates cash flow constraints, according to the ministry report. This highlights ineffective financial management in PSO, PPL, etc. Deplores obsolete and inefficient infrastructure, operational problems. ISLAMABAD: The Ministry of Finance, in its report, has raised serious questions over financial mismanagement … Read more
A flare stack burns excess natural gas in an exploration field. — Reuters/File Pakistan Oilfields Limited (POL) has raised objections to a proposed gas sales agreement without a tender process between a Hungarian gas company and a private company at the Razgir field in Kohat which owns 65% of the state-owned entities ( state enterprises). … Read more