Tag Archives: gas

  The first shipment carried by a floating Storage and Re-gasification Unit (FSRU), leased to convert liquid natural gas into natural gas arrived at Engro’s LNG Terminal at Port Qasim last week end. According to government energy plan, this import liquid natural gas will be used for power generation to cut the costly fuel oil used by over 60 percent of thermal power generating units. The induction of LNG into …

  LNG — A new addition to Pakistan’s energy basket The energy regime to witness a new era of Liquefied Natural Gas (LNG) providing the much sought after relief from the mounting pressure of rising demand for natural gas in Pakistan with the arrival of the floating storage and re-gasification vessels arrives at Port Qasim on March 10, 2015. The private sector has played a significant role in materializing this …

  The Province of Khyber Pakhtunkhwa is rich in Oil and Gas reserves and huge deposits of oil &gas have been discovered in southern belt of the Province, including district Kohat and Karak. Khyber Pakhtunkhwa has opened new avenues of economic development in the province through the exploration of its indigenous oil and gas reserves. Due to the enabling environment created by the Government of Khyber Pakhtunkhwa through KPOGCL, a …

  Year 2015 saw major developments in Pakistan’s energy sector when investors found more opportunities and the country emerged as a potential buyer of gas on the world energy map. Oil consumers got a big relief as global crude prices plunged more than 50 percent, but there was no end to the sufferings of gas consumers who continued to face load-shedding in winter. In an effort to meet growing demand, …

  Having abundant gas treasury with good standing in the world Pakistan’s gas reserves are rapidly depleting as the country facing acute gas shortage and hardly meet its industry and domestic needs. Gas load shedding has become a routine in major industrial cities of the country. The country’s demand for energy, according to one estimate, is expected to rise at the rate of 10-12 percent annually in the foreseeable future, …

  Liquefied Natural Gas (LNG) is by far the cheapest imported fuel on which Pakistan can rely to meet its future energy needs. The cost of regasified LNG stands at $9.37 per million British thermal units whereas the imported furnace oil costs $10.62 per mmbtu, high-speed diesel costs $20.03 and liquefied petroleum gas (LPG) costs $17.6. Natural gas in Pakistan meets 35 percent of power generation needs, 23.8 percent of …

  Ogra issues 155 licenses for establishment of Liquefied Petroleum Gas (LPG) outlets The Oil and Gas Regulatory Authority (Ogra) has issued 155 licenses for establishment of Liquefied Petroleum Gas (LPG) outlets of which seven have become operational. At present seven LPG Auto Refueling Stations are operational out of which one such facility is established at a CNG station to whom marketing license was granted in December 2015. Industry sources …

  Country has massive deposits of shale gas and oil Oil and gas companies involved in the exploration and production have somewhat lessened their activities in Pakistan. Nevertheless the existing companies have no desire of liquidating their business. Throughout the world the exploration and production companies are facing the same state of affairs as there is the reduction in the petroleum products prices and Pakistan is no different from others. …

  Govt should invest more in indigenous exploration and production Interview with Raziuddin Razi – CEO, Khyber Pakhtunkhwa Oil & Gas Company   Profile Raziuddin Razi, who is the Chief Executive Officer of Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) for one and half years having a vast experience and worked in both international and domestic energy sectors. Raziuddin, who did his MSC and MBA from Michigan and New …

  Trans-National Deals to usher development and prosperity in the county Advisor to the Ministry of Petroleum & Chairman OGDCL Mr. Zahid Muzaffar has said that the impact of trans-national deals with China, Turkmenistan, Iran and Qatar, will usher a new era of development and prosperity in the country. He invited investors to come to Pakistan and seek ensuing opportunities. He was speaking at the 8TH Pakistan Energy Forum 2016 …