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Fuel and Energy: Pakistan


Power loadshedding is expected to increase dramatically across the country from December 25, 2014 onwards due to routine annual closure of canals resulting in a loss of 2000 MW electricity generated from hydel sources, well-informed sources told Business Recorder.

Despite closure of CNG stations in Punjab and a three-day gas suspension in Sindh, a low gas pressure has irked domestic gas consumers. Talking to Business Recorder here on Saturday, people complained that low gas pressure has forced them to use alternative fuels, but prices of such fuels, including LPG, Kerosene oil and firewood, are also out of their reach.
The natural gas shortage has increased by an estimated 430 Million Cubic Feet per Day (mmcfd) as a result of damage to boiler and pipeline of Sui gas field after a fire broke out at the plant, officials said.
Due to extreme weather conditions gas shortfall of Sui Northern Gas Pipe Lines Company (SNGPL) has reached 1600mmcfd and the situation has further aggravated after fire broke out in Sui plant due to which the boiler and 16-inch gas pipeline has been destroyed and the shortfall has further increased by 240mmcfd.
Due to an accident in the Sui Gas Plant, the pipeline and the boiler have been damaged and the plant has been shut down. Consequently, SSGC's system is faced with the reduction of 110 mmcfd gas due to which our customers may face inconvenience. Teams from SSGC, SNGPL and PPL are on ground to repair the damages caused by the accident and it is expected that the repair work would be completed within next 48 hours.
Chairman All Pakistan LPG Distributors Association Irfan Khokar has alleged that the marketing companies were earning Rs100 million profit daily by black marketing of LPG. "The per kilo price of local producer is Rs60 while that of imported Rs75. With 17 per cent tax, the LPG costs Rs72 a kilo and after addition of Rs26 per kilo profit of both marketing and distribution companies, it should be sold for Rs95 a kilo.
K-Electric has expressed its dismay over the allegations levelled against the company by Minister for Water and Power Khawaja Asif, which it described as "baseless and clearly untrue."


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln