Month: November 2021

A sub-committee of the federal cabinet on Energy headed by Planning and Development Minister Asad Umar Thursday announced to shut gas supply to CNG sector in order to overcome shortages to household consumers, ARY NEWS reported. During the meeting headed by Asad Umar, a detailed briefing was given on demand and supply of gas in the winter season along with…

Chairman National Electric Power Regulatory Authority (NEPRA) Tauseef H Farooqi on Thursday urged the power sector companies to strive hard in improving their performance in the areas of Occupational Health, Safety and Environment (HSE). Addressing at award ceremony, the Chairman highlighted the significance of NEPRA’s drive of “Power with Safety”. He stressed that HSE issues were at the forefront of…

The Cabinet Committee on Energy (CCOE) was informed on Thursday that the enhanced demand of domestic consumers would be met through savings from captive power generation. The meeting presided over by Federal Minister for Planning, Development, and Special Initiatives Asad Umar here was informed that the prudent pressure management plan would also be developed to ensure the stable supply of…

mran Maniar, MD, SSGC has termed the Company’s participation in Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) as an extremely useful one. ADIPEC a premier energy sector event that concluded today in Abu Dhabi kicked if on November 15, 2021. It is hosted annually by Abu Dhabi National Oil Company (ADNOC). MD, SSGC said that finding new suppliers, probing…

Oil and liquefied natural gas (LNG) prices could climb higher this winter as low inventories threaten supply disruption or demand shocks for the market, an official of Vitol (VITOLV.UL), the world’s top independent oil trader, said on Wednesday. Consumption of natural gas, coal and oil has surged as the global economy re-opens from COVID-19 curbs, leading to price spikes and…

Prime Minister’s Advisor on Finance and Revenue, Shaukat Tarin has termed liquidity crunch as a major constraint in investment at the moment in oil and gas sector despite high returns, well informed sources told Business Recorder. He shared his views at a recent meeting of Cabinet Committee on Energy (CCOE), during deliberations on development plan of Pakistan’s oil and gas sector.…