A Peshawar High Court bench on Tuesday referred a petition against the outages and low pressure of natural gas supplied to domestic consumers in Khyber Pakhtunkhwa to another chief justice-headed bench, which is already hearing the matter. The development came after Justice Mohammad Ibrahim Khan and Justice Ijaz Anwer heard arguments on the petition filed by advocate Abbas Khan Sangeen,…
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Duki Deputy Commissioner (DC) Sahibzada Najeebullah Khan on Tuesday said that the district administration was taking steps to ensure the security of coal mines across the district. He expressed these views while chairing a meeting regarding the security of Meraj Coal Company. Wing Commander of FC 87 Wing Duki Col Nouman Mehboob, SP Duki Syed Sabur Agha, subcontractors of Miraj…
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The circular debt of Pakistan’s energy sector has crossed an alarming level of Rs4,177 billion, ARY News reported on Tuesday, citing sources familiar with the development. With the country’s economic situation getting appalling, the documents have revealed that Pakistan’s energy sector is running completely on credit. The circular debt in the energy sector is also swelling as the government is unable…
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Power demand fails to pick up in December 2022, showing the dismal state of energy sector as well as the national economy, official data available with The News suggested. According to the generation data, electricity supply recorded on December 13, 2022 hovered around 10,800MW, against demand of well over 13,500MW. It was shocking to note that the dismal level of…
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Oil and Gas Regulatory Authority (Ogra) has reportedly refused to include cost of RLNG diversion in the annual determination of Estimated Revenue Requirement (ERR), as well as, in the Review of Estimated Revenue Requirement (RERR) of the gas companies, saying that any such act will have significant impact on the prescribed prices besides legal obligations, sources close to Secretary Petroleum…
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Attock Refinery Limited (ARL) on Tuesday announced a temporarily shut down of its main unit due to low demand of furnace oil in the country. “ARL is temporarily shutting down its main distillation unit for approximately eight days,” ARL announced in a communication sent to the Pakistan Stock Exchange (PSX). Local refineries have been grappling with high furnace oil stocks…
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Regarding additional 100-MW electricity from Iran, Power Division has informed that the Jiwani to Gwadar transmission line of 60-KM would be completed during the current month and it will be provided 60-70 MW on one circuit. Evacuation, foundation concreting and backfilling work is in progress whereas 25-KM string work has been completed. NTDC component will be completed this month whereas…
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Earlier in the year, supertanker freight rates hit record levels as traders scrambled to park crude in storage to take advantage of a record gap between spot and future prices shortly after Russia invaded Ukraine. Freight rates for very large crude-oil carriers (VLCC) along the Middle East Gulf to China route reached as high as $180,000 a day while VLCC…
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he Thar coal power project has started generating 1,320 MW on a trial basis and the electricity would soon become part of national grid, a senior official said on Sunday. “The test production of 1,320 MW has successfully been started,” Sindh Energy Minister Imtiaz Sheikh said in a statement issued on Sunday. “This production plant is being run in cooperation…
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With the country’s economic situation getting appalling, the documents have revealed that Pakistan’s energy sector is running completely on credit. The circular debt in the energy sector is also swelling as the government is unable to pay dues to independent power producers (IPPs). The documents available with SAMAA TV containing details of dues of the energy sector revealed that it is running…
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