BR100 Increased By (0.02%)
BR30 Increased By (0.06%)
KSE100 Decreased By (-0%)
KSE30 Increased By (0.05%)
BECO 5.52 Decreased By ▼ -0.02 (-0.36%)
BML 56.70 Decreased By ▼ -0.39 (-0.68%)
BOP 35.20 Decreased By ▼ -0.01 (-0.03%)
CNERGY 8.15 Decreased By ▼ -0.05 (-0.61%)
DCL 11.61 Decreased By ▼ -0.03 (-0.26%)
FCCL 56.61 Increased By ▲ 0.12 (0.21%)
FCSC 5.38 Increased By ▲ 0.06 (1.13%)
FFL 17.95 Decreased By ▼ -0.11 (-0.61%)
FNEL 1.29 No Change ▼ 0.00 (0%)
HUMNL 11.10 Decreased By ▼ -0.09 (-0.8%)
KEL 8.39 Increased By ▲ 0.19 (2.32%)
KOSM 6.63 Decreased By ▼ -0.04 (-0.6%)
MLCF 101.06 Increased By ▲ 0.30 (0.3%)
NBP 202.44 Decreased By ▼ -0.56 (-0.28%)
PACE 11.42 Decreased By ▼ -0.07 (-0.61%)
PAEL 43.32 Increased By ▲ 0.24 (0.56%)
PIAHCLA 27.24 Increased By ▲ 0.24 (0.89%)
PIBTL 17.82 Decreased By ▼ -0.02 (-0.11%)
PPL 244.79 Increased By ▲ 2.16 (0.89%)
PRL 35.71 Decreased By ▼ -0.16 (-0.45%)
PTC 65.45 Decreased By ▼ -0.40 (-0.61%)
SEARL 93.55 Decreased By ▼ -0.03 (-0.03%)
SSGC 32.98 Increased By ▲ 0.75 (2.33%)
TELE 9.04 Decreased By ▼ -0.07 (-0.77%)
THCCL 66.80 Increased By ▲ 0.31 (0.47%)
TPLP 10.85 Decreased By ▼ -0.10 (-0.91%)
TREET 25.48 Decreased By ▼ -0.24 (-0.93%)
TRG 65.90 Decreased By ▼ -0.05 (-0.08%)
WAVES 11.13 Decreased By ▼ -0.03 (-0.27%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)
Business & Finance

Pakistan to soon open tenders for 20 new Oil & Gas exploration blocks

  • Regarding the recent power breakdown, Omer Ayub said a committee has been constituted to investigate the matter and action will be taken against those found responsible.
Published January 15, 2021 Updated January 15, 2021 03:34pm

Minister for Power Omar Ayub has said tenders will soon be opened for 20 new oil and gas exploration blocks in order to cope with the energy requirements.

Addressing the Senate on Friday, the Ayub said that the ministry is winding up discussion on gas and power crisis in the Senate today, he regretted that the previous governments did not pay attention to explore new wells.

The Minister said the government is taking steps to check power and gas pilferage from the country.

Regarding the recent power breakdown, Omer Ayub said a committee has been constituted to investigate the matter and action will be taken against those found responsible.

Omer Ayub said such issues are cropping up as the previous governments paid no attention to upgrade and transmission and distribution systems. He said the present government is according priority to the up-gradation of the transmission system.

Days ago, a countrywide power breakdown was occurred due to a technical fault in the national transmission line. Cities across Pakistan, including Islamabad, Karachi, Lahore, Multan, Peshawar Quetta, and others plunged into darkness on Saturday after a massive power breakdown.

The Minister for Power said the government is also working to explore the potential of renewable energy.

Comments

Comments are closed for this article.