Sui Northern Gas Pipelines Ltd (SNGPL) has sought 150 percent hike in gas price. The petition of gas utility in connection with review of its estimated revenue requirement for FY 2021-22 was discussed here at a hearing organised by the Oil and Gas Regulatory Authority (Ogra) on Wednesday. SNGPL has filed a petition for increase in the prescribed price by…
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The Sahiwal coal-fired power plant is unique in many ways. It has been established on the most fertile land of the country just a few miles away from Lahore. Coal is imported from South Africa and Indonesia which is unloaded at the Karachi port, and then transported through rail to the site. It is burnt to produce steam which generates…
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Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said power sector circular debt has become a threat to the economy. It has increased rapidly to Rs2.5 trillion and the only way to resolve the issue is to compromise political interests, he said. Mian Zahid…
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In a new record, the National Electric Power Regulatory Authority (Nepra) on Tuesday firmed up charging an additional Rs4.74 per unit fuel cost to consumers for electricity they consumed in October so that ex-Wapda distribution companies (Discos) could mop up additional revenue of Rs60 billion in December. This was concluded at public hearing presided over by Nepra Chairman Tauseef H.…
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ISLAMABAD (Dunya News) – Oil and Gas Regulatory Authority (OGRA) on Tuesday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of December, decreasing the commodity price by Rs168.91 per 11.8-KG cylinder. According to the notification, the authority reduced the locally produced LPG price by Rs14.31 per kilogram. After the revised price, the LPG cylinder would be…
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The government on Tuesday decided to leave the prices of petrol, kerosene, and light diesel unchanged till December 15, a notification from the Finance Division read. According to the notification, the new prices will be effective from December 1. The petrol price will remain unchanged at Rs145.82 per litre, and the price of diesel will remain Rs142.62 per litre as…
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To appreciate the complexities of the competing demands between climate action and the continued need for energy, consider the story of an award—one that the recipient very much did not want and, indeed, did not bother to pick up. It began when Innovex Downhole Solutions, a Texas-based company that provides technical services to the oil and gas industry, ordered 400…
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Karachi, December 01, 2021: Byco Petroleum Pakistan Limited (BPPL), Pakistan’s largest oil refinery in terms of both design and installed capacity, has announced that it would change its name from Byco Petroleum to Cnergyico Pk Limited. Commenting on the occasion Mr. Amir Abbassciy, Chief Executive Officer – Cnergyico Pk Ltd, said, “The journey from Bosicor to Byco and then Cnergyico…
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In Gwadar, a developing port town in southwest Pakistan, Adam Qadir Baksh had been hoping for a major leap forward in his automobile spare parts business since 2015, but it has not happened in the absence of the vital Chinese tailwind once promised. “There has been no benefit from the China-Pakistan Economic Corridor for local parts vendors and other suppliers,”…
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The Sindh government with its aim to utilize massive solar energy potential of the province is working to unveil a policy to establish mini/micro grids to energies the off-grid villages at the most affordable cost in partnership with the private sector.Sindh government’s Secretary for the Energy Department, Abu Bakar Madani, stated this while speaking as the chief guest at the…
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