ISLAMABAD: As many as 39,000 new consumers will get gas supply in addition to connecting about 350 new towns and villages to gas network during the fiscal year 2013-14.
According to the budget document, Gas utility companies have planned to invest Rs17437 million on Transmission Projects, Rs27265 million on distribution projects, and Rs11165 million on other projects, bringing the total investment of Rs55867 million during the fiscal year 2013-14.
While during July-Feb 2012-13, the two gas utility companies-SNGPL and the SSGC laid 14 km gas transmission network, 4326 km distribution and 831 km services lines and connected 261 villages and towns to gas network.
During this period, the gas utility companies invested Rs1513 million on Transmission Projects and Rs1898 million on other projects bringing total investment to about Rs15,336 million.
During this period 237588 additional gas connections including 236997 domestic, 221 commercial and 370 industrial were provided across the country.
Moreover, the document reveals Pakistan being the largest consumer of the gas has total resource potential of 282 trillion cubic feet with recoverable reserves of 24 trillion cubic feet with the production of almost 4 billion cubic feet per day.
During 2012 total production of natural gas remained at 1,559 billion cubic feet that is equivalent to 32 million ton of oil equivalent(TOE), which shows a growth of 6 percent when compared to last year in billion cubic feet.
It reveals that there are 146 non-associated gas fields while 44 associated gas fields operating under 15 companies.
It further says that the country's power sector is heavily dependent on gas and the reduction of gas has crippled its performance.
It says the country is witnessing gas shortage due to mis-allocation of the natural gas and the low growth in its supplies, adding during July-March 2013 gas supplies remained 1,139,253 million cubic feet as compared to 1,164,915 million cubic feet last year indicating a negative growth of 2.2 percent.
Comments
Comments are closed for this article.