SNGPL: All gas fields are at optimum levels.
ISLAMABAD (Dec 26)The recent claims regarding the closure of indigenous gas fields in favor of imported RLNG require clarification. The gas was closed in some part of December when Power was not off taking RLNG per its demand. All the gas producing…
SSGC profit surges July-Sept 2023-24
ISLAMABAD – The Sui Southern Gas Company (SSGC) announced a massive consolidated profit of Rs4.5 billion during the quarter ended September 30, 2023. The profit is a complete turnaround from a loss of Rs5.6 billion incurred by SSGC in the same…
OGDCL’s new Discovery
ISLAMABAD (Dec 16) – Oil and Gas Development Company Limited (OGDCL) has successfully revived a heavy oil well in the Rajian Oil Field, Chakwal, increasing production from 1,500 to 2,500 barrels per day (BPD). This achievement is part of OGDCL’s…
Govt adjusted Rs 2.92 IFEM to maintain POl prices Dec 16, 2024
ISLAMABAD (Dec 16) – Federal government made recommended Rs 2.92 per litre raise in petrol price in inland freight equalisation margin (IFEM) to mitigate the impact on general masses in petroleum products review commencing from December 16. On Sunday…
Meeting of the PC Board on Discos
ISLAMABAD (December 11) – A meeting of the Privatization Commission was held under the chairmanship of the Federal Minister for Privatization, Investment, and Communications, Abdul Aleem Khan. Key decisions, recommendations, and important matters…
Emergency steps for Murree snow
ISLAMABAD (Dec 5)- In anticipation of the upcoming snowfall in Murree, the Provincial Disaster Management Authority (PDMA) has activated its response mechanism to ensure the safety of residents and tourists. To this end, the PDMA has equipped local…
Pakistan negotiating Oil deal structure with Russian
ISLAMABAD (December 4, 2024)– Pakistan and Russia are actively negotiating the structure of a deal for the import of Russian oil by Pakistani public sector companies. This development comes amid concerns about potential secondary US sanctions on payment…
SNGPL payment of Rs 85 billion to PSO
Islamabad (May 27): Sui Northern Gas Pipelines Limited (SNGPL) has asked the federal government for the payment of Rs 85 billion to clear the scheduled payment of Pakistan State Oil (PSO) till May 31, 2024, besides equalization of gas rates at par with…