gas
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Caretaker govt okays huge gas price hike
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[ad_1] A flame burns on a gas stove. — AFP/File ISLAMABAD: The caretaker government on Monday approved a massive increase in gas prices to add to the woes of inflation-hit masses who have been battling with soaring utility bills. The new prices, effective from November 1, will see up to 173% increase in gas prices…
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FPCCI urges govt to halt gas tariff hike | The Express Tribune
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[ad_1] KARACHI: The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Irfan Iqbal Sheikh, has issued a passionate plea for immediate intervention from the Special Investment Facilitation Council (SIFC) apex committee to prevent the impending surge in gas tariffs. This alarming proposal, set to be ratified by the federal cabinet, could…
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Gas tariff to be increased for fertilisers from this month
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[ad_1] A farmer sprinkles fertiliser in a field. —APP/File ISLAMABAD: The government is likely to hike the gas tariff for fertiliser producers from this month to fulfil a key demand of the International Monetary Fund (IMF) of controlling circular debt, Geo News reported citing sources. Officials told Geo News, on the condition of anonymity, that three…
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Consumers to get gas for only 8 hours in winter amid depleting reserves
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[ad_1] A representational image. — AFP/File Amid depleting gas reserves in the country, Caretaker Power Minister Muhammad Ali has said that under the load management plan gas will be provided to the consumers for eight hours only. “[Gas] loadshedding has been taking place for the last few years. The loadshedding will occur this year as…
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OGDC makes gas discovery in Punjab | The Express Tribune
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[ad_1] ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), the sole operator of Mari East Block, has announced a major gas discovery at the Chak 214-1 exploratory well, situated in the Rahim Yar Khan district of Punjab. The Chak 214-1 well, part of OGDCL’s proactive exploration efforts, was drilled on June 29, 2023, utilising the…
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SNGPL unearths gas theft at major mobile tower | The Express Tribune
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[ad_1] LAHORE: In a startling development, Sui Northern Gas Pipelines Limited (SNGPL) has said on Monday, that it uncovered a significant case of gas theft at a mobile phone tower site operated by Pakistan’s largest mobile phone operator, Jazz, located in Karak, Khyber-Pakhtunkhwa (K-P) province. SNGPL has recently launched an aggressive anti-gas theft campaign and…
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Iran seeks extension in gas pipeline deal | The Express Tribune
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[ad_1] ISLAMABAD: As the threat of billions of dollars in penalty looms, Iran has asked Pakistan to extend their gas pipeline deal to keep the project alive in future. Pakistan and Iran have not been able to execute the Iran-Pakistan (IP) gas pipeline project because of longstanding US sanctions against Tehran over the latter’s alleged…
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Tehran rejects Islamabad’s notice on IP gas royalties | The Express Tribune
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[ad_1] ISLAMABAD: Iran has refused to accept the force majeure notice served to it by Pakistan to suspend the work on the multibillion-dollar Iran-Pakistan (IP) gas pipeline project. Simply put, through the notice Pakistan had expressed its inability to pursue the project as long as the US sanctions on Iran remain in place or Washington…
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Two new blocks awarded for oil, gas search | The Express Tribune
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[ad_1] KARACHI: The government has provisionally awarded two new blocks to a leading state-owned oil and gas exploration firm in an effort to find fresh large hydrocarbon deposits and reduce reliance on energy imports. Oil and Gas Development Company Limited (OGDCL) reported to the Pakistan Stock Exchange (PSX) that the government had provisionally awarded it…
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SSGC suspends gas supply to industries as Biparjoy draws closer to Sindh
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[ad_1] An undated image of three men working in a factory on the outskirts of Karachi. — AFP/File The Sui Southern Gas Company (SSGC) Limited on Wednesday suspended gas supply to all industries including their units for power generation, fertiliser sector and CNG stations, as cyclone Biparjoy moves closer to the coastline of Sindh. In…
