By the grace of Almighty Allah, the joint venture of Baratai D&P.L comprising Oil & Gas Development Company Limited (OGDCL) as Operator (97.5%) & Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) (2.5%) has started commercial production of Gas and Condensate from its exploratory well Dhok Hussain # 01, which is located in district Kohat, Khyber Pakhtunkhwa Province.The Early Production…
Read MoreDay: July 1, 2020
Chashma Nuclear Power Plant Unit-4 makes history by running for a year continuously
July 01, 2020: Pakistan Atomic Energy Commission (PAEC) Wednesday announced that its Chashma Nuclear Power Plant Unit-4 has made a new record in Pakistan’s history by running for a year continuously, becoming the first electricity generation plant of the country to achieve this milestone. Previously, Chashma Nuclear Power Plant Unit-2 (Chashma-2), held the record of running for continuous 302 days. Member…
Read MoreGas Tariff FY 2020-21 needs to PROPEL Exports, Jobs, FEX
The gas tariffs are NOT just Numbers. The Situation is not ‘business as usual’. Out of box solutions are needed today. In this era of Covid-19, lock down, melt down, the gas prices have colossal bearing upon: (a) National security (b) in-country peace (c) Job security (d) Exports safeguard (e) Foreign Exchange Earnings (f) Strengthening of Pak Rs to US$ (f) Livelihood…
Read MoreOGRA Imposes Fine on OMCs
The Oil and Gas Regulatory Authority (Ogra) has imposed a fine of Rs5 million each on three oil marketing companies (OMCs) after they were found involved in creating artificial shortage of petrol in the country by hoarding the commodity in first 10 days of the current month. Hoarding and artificial shortage was witnessed soon after the government’s decision to pass…
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