The power area would confront a constant lack in RLNG supply from April to September 2023, with Sui Northern framework having around 750mmcfd of which it will hold 25mmcfd, with 150mmcfd saved for Sui Southern, and 125mmcfd for K-Electric.
Read MoreAuthor: Admin
NTDC Failure To Cost Consumers Rs80b
National Transmission & Dispatch Company (NTDC)’s inability to lay transmission lines to clear power from Thar coal-based power plants has experienced harsh criticism once more, with worries that this could trouble purchasers with an expense of up to Rs80 billion.
Read MoreLPG Price Notification April 2023 1 Oil And Gas Regulatory Authority
Please find enclosed herewith notification No. OGRA-Fin-28- 11(6)/ 2018 dated March 31, 2023 in respect of LPG prices with effect from April 01, 2023. LPG Price Notification April 2023 1 The notification is required to be issued under Section 6(2)(r) of Oil and Gas Regulatory Authority Ordinance, 2002 (XVII of 2002) read with Rule 18(1) of LPG (Production & Distribution) Rules 2001. The notification may please be published in the next issue of the Gazette (Extra Ordinary) and five (05) copies of the Gazette notification may be supplied to this Authority, for which the Authori will make payment.
Read MoreNeelum Jhelum Plant to Resume Power Generation in July
After very year-long closure for the tunnel collapse, the 969-megawatt Neelum Jhelum Hydropower Project would again start power generation in July. The National Electric Power Regulatory Authority (NEPRA) held two separate public hearings on Thursday on the increase in fuel charges for KE and ex-Wapda Distribution Companies (Discos) customers but failed to reach a decision. During the discussion on expensive…
Read MoreIndia Exploited 29% of Hydropower Potential Power Minister to Parliament-EQ Mag
India has taken advantage of 29% of its hydropower potential against more than 80% and 70 percent developed by the US and European Association separately, Parliament was educated on Tuesday.
Read MoreChina Completes First Yuan Settled LNG Trade
China has been promoting the use of yuan for settling trades in various commodities, including oil and natural gas. This move is part of China’s broader efforts to increase its global economic influence and reduce its dependence on the US dollar.
Read MorePAC Recommends Ending Free Electricity For Govt Officers Employees
The Public Accounts Committee (PAC) has prescribed finishing free power office to all administration officials and workers from Grade 16-22. PAC Administrator Noor Alam Khan said that they were remaining before the IMF and, thusly, free power should be finished.
Read MorePetrol Price Likely To Go Down From April 1
Following a decrease in global raw petroleum costs, the paces of oil based commodities in Pakistan are supposed to decline from April 1, As indicated by appraisals of oil showcasing organizations (OMCs), the cost of diesel is probably going to decline by Rs15-20 for every liter while the cost of petroleum is supposed to go somewhere around Rs4-5 for each liter.
Read MoreFuel Subsidy Plan Gives IMF Excuse To Delay Agreement
The senseless cross-fuel enrichment proposed by the oil administration has given motivation to the IMF to concede the staff-level simultaneousness with Pakistan.
Read MoreOCAC Raises Red Flags Over Ability To Sustain POL Stocks
The OCAC in its letter to the state serve for Oil Division raised warnings about the shocking monetary circumstance of the oil business. “Keeping up with the 20-day stock cover for engine energizes probably won’t be feasible for the business with the ongoing acquiring rate and the expense of the items,” it said. All the more significantly, the high credit letter affirmation charges followed by high demurrage costs have duplicated the monetary agonies making the business unfit to work.
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