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Fuel and Energy: Pakistan


Kandhkot police foiled an attempt to blow up main gas pipeline and arrested two miscreants after shootout on Sunday. According to details, the miscreants were planting explosives in Gablo village. Seeing the police, the miscreants opened fire. The police retaliated and held two suspects namely Karam Golu and Arz Muhammad Golu in wounded condition.

Sui Southern Gas Company Limited (SSGCL) officials have issued a new schedule of Compressed Natural Gas (CNG) load-shedding in Sindh on Sunday. As per schedule, CNG stations would remain closed on Monday, Wednesday and Friday for 24 hours whereas gas would be available to the citizens on Tuesday, Thursday and Saturday.
Punjab Chief Minister Muhammad Shahbaz Sharif here on Sunday presided over a high-level meeting which reviewed various projects in energy sector especially coal power plants in Sahiwal. The meeting was also attended by Federal Minister Railway Khawaja Saad Rafiq.
The much-awaited government-to-government (G2G) Sale Purchase Agreement (SPA) between Pakistan and Qatar for the import of Liquefied Natural Gas (LNG) is likely to be signed during the first week of next month, said Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi here on Saturday. The minister further said the 150,000 cubic meters (cbm) or 60,000 tons of commissioning cargo the Belgium-flagged FSRU ship, M/v Exquisite, brought to Engro''s Elengy terminal Thursday was procured by the private sector, M/s Pak-Arab Fertilizer, at a Brent Index based price of $8 per Million British Thermal Unit (mbtu).
The government has decided to supply 100 mmcfd RLNG to 412 MW M/s Rousch Power, as allocation made to Nandipur power plant will take time to receive gas owing to technical modification of the plant, well-informed sources told Business Recorder.
The federation filed a Civil Miscellaneous Application (CMA) in the Supreme Court on Saturday to substantiate its review petition against the apex court''s verdict that had declared Gas Infrastructure Development Cess (GIDC) as a fee.
The Sindh government on Friday announced its strong opposition to the federal government''s decision to import LNG. Chief Minister Sindh Syed Qaim Ali Shah said the Sindh government will challenge in Supreme Court of Pakistan (SCP) the federal government''s decision to import LNG.


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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 $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln