gas
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COP26: the oil and gas predicament | The Express Tribune
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[ad_1] If COP26 could not do much against oil and gas, the recent high prices have done the deserved or undeserved damage to the future of oil and gas. Renewable lobby has always considered low oil and gas prices to be a bad news, as it makes renewable uncompetitive and the drive to phase out…
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Committee to review oil, gas imports | The Express Tribune
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[ad_1] ISLAMABAD: The Senate Standing Committee on Cabinet Secretariat has set up a three-member sub-committee to review the modalities of oil and gas imports and electricity pricing. The sub-committee will submit its report to the standing committee after due deliberations. Nepra and Ogra on Wednesday gave a detailed briefing to the parliamentary panel, which met…
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Moscow seeks Indian investment in oil, gas sectors | The Express Tribune
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[ad_1] NEW DELHI: Russia urged India to deepen its investments in the sanction-hit country’s oil and gas sector, and is keen on expanding the sales networks of Russian companies in Asia’s third-largest economy. Russia’s economy faces its deepest crisis since the 1991 collapse of the Soviet Union, as the West imposes severe sanctions over Moscow’s…
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Russia seeks Indian investment in its oil and gas sector | The Express Tribune
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[ad_1] NEW DELHI: Russia urged India to deepen its investments in the sanction-hit country’s oil and gas sector, and is keen on expanding the sales networks of Russian companies in Asia’s third-largest economy. Russia’s economy faces its deepest crisis since the 1991 collapse of the Soviet Union, as the West imposes severe sanctions over Moscow’s…
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85 Sindh villages to get gas supply | The Express Tribune
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[ad_1] ISLAMABAD: In a bid to avoid contempt of court, the federal government on Friday approved Rs747.5 million in supplementary grant in an emergency meeting to provide gas connections for 85 villages in Sindh. Finance Minister Shaukat Tarin chaired the Economic Coordination Committee (ECC) meeting through video link and approved the Ministry of Energy’s summary…
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OGRA hikes gas price by up to 16.37% | The Express Tribune
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[ad_1] ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has increased the average prescribed price of gas by up to 16.37% besides curtailing new gas schemes and connections. In two separate decisions on the estimated revenue requirement (ERR) of public gas utilities for fiscal year 2021-22, the regulator jacked up the prescribed gas price by…
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Oil, gas demand remains robust | The Express Tribune
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[ad_1] KARACHI: Although the demand for petroleum products and gas remained robust in the domestic economy and households of Pakistan, the output of crude oil and gas from domestic fields has declined, enhancing the nation’s reliance on expensive imported fuels. “Total petroleum sales settled at 1.54 million tons in February 2022, showing a year-on-year increase…
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Govt to resume supply of natural gas to CNG sector | The Express Tribune
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[ad_1] ISLAMABAD: The government is aware of the importance of the compressed natural gas (CNG) industry and it will try to immediately resume the supply of natural gas to it, said Federal Minister for Petroleum Hammad Azhar. While talking to a delegation of All Pakistan CNG Association (APCNGA) on Friday, he said that the government…
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Punjab to receive cheaper gas | The Express Tribune
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[ad_1] ISLAMABAD: Punjab, the gas-starved province, is set to receive cheaper gas supplies after the Senate on Thursday passed a bill for applying the weighted average cost of gas (Wacog). In addition, the law will help the government to reduce circular debt in the gas sector while the share of liquefied natural gas (LNG) in…
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Govt steps up drive against gas theft | The Express Tribune
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[ad_1] ISLAMABAD: The federal government on Wednesday intensified a nationwide crackdown against the industrial and commercial entities, found to be involved in gas theft and using illegal boosters, to help the gas marketing firms to reduce the duration of unannounced load-shedding. In this regard, Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company…
