06282016Tue
Last update: Tue, 28 Jun 2016 11pm

Fuel and Energy: Pakistan

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The Supreme Court on Monday accepted the application of SNGPL employees union for hearing seeking holding of referendum in the Sui Northern Gas Pipelines Limited (SNGPL). The three-member bench of the apex court headed by Justice Sheikh Azmat Saeed and comprising Justice Dost Muhammad Khan and Justice Sardar Tariq Masood heard the case.
Senate Functional Committee on Devolution has discussed a proposal for the establishment of a joint authority for the distribution of 50 per cent shares of natural resources of oil and gas between federal and provincial governments under 18th Constitutional Amendment. The proposal was presented by Senator Taj Haider and others in the committee which met with Senator Mir Kabeer Ahmed Muhammad Shahi in the chair at Parliament House on Monday.
Implement-ation of the environmental safety standards has been ensured before starting construction work at Bundal Island, Karachi, for a Liquefied Natural Gas (LNG) terminal, therefore it poses no security or environmental threat to nearby sensitive installations and population.
State owned Oil and Gas Development Company Limited (OGDCL) has discovered gas from Thal well located in district Sukkur, Sindh province. The company announced here on Monday that the exploratory well Thal West No 1 which is 100% owned by OGDCL has produced 17.2 MMSCFD of gas through 36/64" choke at Well Head Flowing Pressure (WHFP)=2,820 Psig.
National Electric Power Regulatory Authority (Nepra) is reportedly being pressurized to increase the cost of the most expensive 425MW Nandipur Power plant by Rs 23 billion through an increase in tariff by Rs 4 per unit, well informed sources told Business Recorder. The regulator, which is dominated by political appointees at the highest level, invariably faces pressure.
An undue delay in notifying the Multi Year Tariff by the Ministry of Water and Power, determination by the National Electricity Power Regulatory Authority (NEPRA), is hitting hard to the growth of textile exports, already witnessed a negative growth of 7.72 per cent during the first ten months of the current fiscal year compared to the corresponding period of last year.
The government has issued the compensation amount of Rs 209.775 million for the land affected people of Quetta-Zarghoon gas pipeline project, official sources in the ministry of Petroleum and Natural Resources said on Sunday.