AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,626 Increased By 100.3 (1.33%)
BR30 24,814 Increased By 164.5 (0.67%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)

ISLAMABAD: The National Assembly's Standing Committee on Energy (Petroleum Division) has constituted a sub-committee under the convenership of Shahid Khattak to address the issues related to gas development schemes of legislators from Karak and South of KPK. The committee met under the chairmanship of Imran Khattak.

Issues relating to development schemes of members of the Committee and other senior legislators were discussed. The Committee was told that most of the incomplete and unfinished schemes have been considered by Boards of the Sui Northern Gas Pipeline Limited (SNGPL) and the Sui Southern Gas Company Limited (SSGCL), and petitions to Oil and Gas Regulatory Authority (OGRA) have been submitted.

The chairman OGRA said that the schemes will be approved in the Estimated Revenue Requirement (Financial Year 2021-2022) and formal approval will be given within two weeks. This will ensure that gas will be given to those areas where network has been completed.

It was told that attention is given to the transmission network and improvement in this regard is the priority of the current government. Due to due diligence of the SNGPL the unaccounted gas in KPK has decreased from 13 percent to eight percent.

"The Petroleum (Amendment) Bill, 2021" (Government Bill) was deferred for the next scheduled meeting.

Later while talking to media persons, the chairman OGRA said, "OGRA is fully committed to ensure the consumer/public interest. If we do not stringently look at revenue requirements of Sui companies, then consumers have to bear cost in terms of gas bills. We look into all aspects and the capacity of gas companies to deliver on ground. We value the comments of Honourable Parliamentarians and will do whatever is best to protect the consumer interest. Sui companies now have also to gear up in coping up their challenges".

Copyright Business Recorder, 2021

Comments

Comments are closed.