AIRLINK 69.20 Decreased By ▼ -3.86 (-5.28%)
BOP 4.90 Decreased By ▼ -0.19 (-3.73%)
CNERGY 4.26 Decreased By ▼ -0.11 (-2.52%)
DFML 31.25 Decreased By ▼ -1.20 (-3.7%)
DGKC 77.25 Increased By ▲ 1.76 (2.33%)
FCCL 20.00 Increased By ▲ 0.48 (2.46%)
FFBL 35.00 Decreased By ▼ -1.15 (-3.18%)
FFL 9.12 Decreased By ▼ -0.10 (-1.08%)
GGL 9.80 Decreased By ▼ -0.05 (-0.51%)
HBL 112.76 Decreased By ▼ -3.94 (-3.38%)
HUBC 133.04 Increased By ▲ 0.35 (0.26%)
HUMNL 6.95 Decreased By ▼ -0.15 (-2.11%)
KEL 4.23 Decreased By ▼ -0.18 (-4.08%)
KOSM 4.25 Decreased By ▼ -0.15 (-3.41%)
MLCF 36.60 Increased By ▲ 0.40 (1.1%)
OGDC 132.87 Decreased By ▼ -0.63 (-0.47%)
PAEL 22.64 Increased By ▲ 0.04 (0.18%)
PIAA 24.20 Decreased By ▼ -1.81 (-6.96%)
PIBTL 6.46 Decreased By ▼ -0.09 (-1.37%)
PPL 116.30 Increased By ▲ 0.99 (0.86%)
PRL 25.90 Decreased By ▼ -0.73 (-2.74%)
PTC 13.08 Decreased By ▼ -1.02 (-7.23%)
SEARL 52.00 Decreased By ▼ -1.45 (-2.71%)
SNGP 67.60 Increased By ▲ 0.35 (0.52%)
SSGC 10.54 Decreased By ▼ -0.16 (-1.5%)
TELE 8.28 Decreased By ▼ -0.14 (-1.66%)
TPLP 10.80 Increased By ▲ 0.05 (0.47%)
TRG 59.29 Decreased By ▼ -4.58 (-7.17%)
UNITY 25.13 Increased By ▲ 0.01 (0.04%)
WTL 1.27 No Change ▼ 0.00 (0%)
BR100 7,409 Decreased By -52.4 (-0.7%)
BR30 24,036 Decreased By -134.9 (-0.56%)
KSE100 70,667 Decreased By -435.6 (-0.61%)
KSE30 23,224 Decreased By -170.8 (-0.73%)

ISLAMABAD: Federal government has received a strategic commitment from Turkmenistan for the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline but no offer has so far been received from Russia or other Central Asian countries under government-to-government cooperation.

Talking to a select group of media persons, Minister of State for Energy Musaddiq Malik said that he was engaged with Central Asian countries for supply of gas and laying of pipeline infrastructure in Pakistan.

“Only Turkmenistan has offered Pakistan a strategic commitment for construction of TAPI and it is also engaged with Afghanistan which will receive fee more than their annual budget,” the minister said.

But, he said no commercial contracts would sign for oil and gas supply with any foreign companies which would come under international sanctions.

Responding to a question regarding the ongoing gas load-shedding and low gas pressure across the country, he said the Petroleum Division would implement smooth supply of gas to domestic and slum areas by curtailing gas supply to mega commercial, general industry in the coming winter.

The situation of gas in winter would be worsened as LNG was expensive, local production for Sui Northern Gas Pipeline Limited (SNGPL) was already depleted to 680 mmcfd against a demand of 950 mmcfd for November-December-January when mercury drops.

5th session of Pak-Turkmen JMC: MEA convenes meeting to review implementation status on July 5

For controlling the domestic sector’s UFG at the distribution stage, both gas companies-the SNGPL, the SSGC, would install TBS across the country and head of each TBS would provide a statement of profit/ loss each month to keep a check on line losses and theft. “Additional gas meters, 3000 to 4000, will be purchased through bidding for SNGPL as SSGC has installed 75 percent TBS meters in its franchises,” he added. He said the plan would be finalised in couple of weeks and the task would be completed in three months.

He further said that the UFG in Balochistan was very high and the management of SSGC would come up with a plan.

The Petroleum Division was also engaged with the business community of Karachi to find out a solution for the supply of gas to the industry in the megacity. “Also we are in consultation with APTAMA Lahore and then Faisalabad to implement gas load management plan”, he added.

“We will also import 20,000 LPG each month and distribute it to tail-end consumers and remote areas of SNGPL. But restaurants and commercial units can also avail the offers”, he said.

He said four state-owned companies SNGPL, SSGC, PSO, and Pearl Parco have started the business of LPG, and next year more LPG would be imported.

He further said that no GST would be imposed on petroleum products till petroleum levy (PL) rates would gradually reach to Rs50 per litre on petrol, HSD, kerosene oil, and LDO.

Copyright Business Recorder, 2022

Comments

Comments are closed.

Rebirth Nov 05, 2022 02:25pm
We only need Turkmenistan’s commitment to move forward with the project. The Afghans will do anything to gain any recognition, so that’ll be a walkover. And finally, since It’s TAP and not TAPI, that’s all we need. The honourable minister should realize that the USSR collapsed decades ago, so we don’t need any commitments or approvals from the politburo in Moscow or “Stalingrad”. And since the pro-NAM, Nehruvian socialist foreign policy has morphed into something else, that won’t be an issue either. It’s not Kalabagh dam that the two countries will use their fifth column to sabotage it. In fact, the Soviet assets now running the nation euphemistically known as the Gay Soviet Union encouraged Indians to build small dams from Kashmir to Afghanistan, while telling us that international organizations like the World Bank doesn’t fund major projects like dams, referring to how pointless the Three Gorges Dam is. They’ve also “inherited” their master’s anti-Kalabagh assets. Dam(n) politics.
thumb_up Recommended (0)
Richard Duah Nov 06, 2022 04:08pm
Hi Richard from Ghana
thumb_up Recommended (0)