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No gas load shedding being carried out: NA informed

ISLAMABAD: The National Assembly was informed on Tuesday that no gas load shedding was being carried out in any part of the country. Responding to a calling attention notice moved by Agha Hassan Baloch, Minister for Petroleum Ghulam Sarwar Khan admitted there was issue of low gas pressure in different cities. However, he said, Sui Southern Gas Pipelines Limited was executing two projects of replacing the old pipelines with new ones at a cost of 2.28 billion rupees and the laying of new pipelines and installations of…

Exploration of oil, gas to be given preference: petroleum minister

ISLAMABAD: Minister for Petroleum Ghulam Sarwar Khan on Saturday said that exploration of oil and gas would be given preference in order to support and strengthen the national economy. Addressing a function in Rawalpindi, Sarwar Khan regretted that the exploration was not given preference in the past and that was why country was spending 16 billion dollars a year on import of petroleum products. He pointed out that we import 85 percent of petroleum products from abroad. Read More: People will not face gas…

Government presented gas load shedding management plan

ISLAMABAD: The government of Pakistan on Thursday has presented the gas load shedding plan for winters, in accordance to offer gas to all the users including household and commercial. The plan is offered prior to winters, as gas load shedding is very common in various parts of Pakistan, making life miserable for number of people. According to details, this plan recommends to supply gas to al the consumers in winters by also supplying Liquefied Natural Gas (LNG) as an alternative of Sui gas. The details also…

Tapi gas pipeline expected to move further after numerous hindrances

ABU DHABI: The TAPI gas pipeline project for supplying of Turkmenistan’s gas to India and Pakistan through Afghanistan is projected to move closer, by getting funds & and a concluding investment pronouncement which is expected by next year, as per its chief executive's statement on Tuesday. Chief executive of the TAPI Pipeline company,  Muhammetmyrat Amanov, briefed in an industry conference in Abu Dhabi, that the estimated price of the pipeline had been abridged to $7 billion as compared to the initial estimation of…

Domestic consumers to face gas load shedding in winter

ISLAMABAD: The Ministry of Energy and Petroleum Division on Friday finalized gas load management schedule for the domestic consumers and industrial units as winter gripped most parts of the country. ARY NEWS reported. " Domestic consumers to face load management during day time while there will be no load shedding in morning and at the evening time.", said sources privy to the matter. As per the devised scheduled by the concerned ministry, the industries working in the export sector to be provided 300 MMCFD gas,…

No new exploration made in oil and gas sector during last five years: minister

ISLAMABAD: Federal Minister for Petroleum and Natural Resources Ghulam Sarwar Khan on Wednesday said that during last five years no new exploration was made in the oil and gas sector, ARY News reported. During his speech at Energy Forum 2018 here at OGDCL Auditorium, the minister lamented that past governments have not been giving top priority to explore new oil and gas reserves in the country. The minister said that presently  Pakistan is facing a severe energy crisis, since 1960, no mega dams were constructed in the…

Augmentation in wellhead gas prices of 23 fields by OGRA

ISLAMABAD: The wellhead gas prices of 23 fields are augmented by the Oil and Gas Regulatory Authority (OGRA), with effect from 1st July, 2018 according to the notification issued. According to official details, the price reconsideration will also be done as gas utilities consisting Sui Southern Gas Company & Sui Northern Gas Pipelines will forward a appeal for amplification of consumer tariff, which is due to take effect on December 31, 2018. According to the notification issued, 35% hike is observed as the highest…

Friendship no more: how Russian gas is a problem for Germany

BERLIN: For decades, the Friendship pipeline has delivered oil from Russia to Europe, heating German homes even in the darkest days of the Cold War. But a new pipeline that will carry gas direct from Russia under the Baltic Sea to Germany is doing rather less for friendship, driving a wedge between Germany and its allies and giving Chancellor Angela Merkel a headache. For US President Donald Trump, Nord Stream 2 is a “horrific” pipeline that will increase Germany’s dependence on Russian energy. Ukraine, fighting…

US pitches Europe its American liquified natural gas as alternative to Russia’s

BRUSSELS: US Energy Secretary Rick Perry urged European nations Thursday to boost their imports of American liquefied natural gas as an alternative to building new pipelines to Russia. When President Donald Trump came out swinging against the Nord Stream 2 pipeline at the NATO summit, he accused Germany of selling itself and its allies out to Russian influence. But when Perry met with European Union officials, he took a less geopolitical tack, focusing instead on the economic and technological benefits of more…