Tag: CNG
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Gas crisis to worsen in Pakistan as Italy-based supplier refuses to deliver LNG cargo in February
The Italian LNG trading company ENI has intimated that it won’t be able to deliver its LNG cargo scheduled on February 6, which might cause the gas situation in Pakistan to worsen in the coming days. The report has troubled the senior officials in the Petroleum Division since the country is already suffering from a…
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SSGC cuts gas supply to industries in Karachi to facilitate domestic customers
Owing to the Sui Southern Gas Company Limited’s (SSGC) decision to stop supplying gas to several industries throughout the city, the gas crisis in Karachi appears to have gotten worse. “In adherence to the Ministry of Energy (Petroleum Division) gas load management plan, that places domestic and commercial customers on top of the priority list,…
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CNG stations in Punjab, KP to remain shut till March 2023
CNG stations in Punjab and KP will stop operating from November 2022 to March 2023 as the gas crisis increases as a result of the lack of required LNG during the winter. While the government is obligated to purchase 12 LNG cargoes each month, Pakistan LNG Limited (PLL) has been unable to do so; as…
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OGRA slashes LPG prices by Rs13 per kilogram
The Oil and Gas Regulatory Authority (OGRA) has announced a Rs13 per kilog price cut for liquefied petroleum gas (LPG). The cost of an LPG household cylinder has been decreased by Rs155, according to a notification released today. Under the revised tariffs, it will be offered for Rs2,581.35, which includes the sale of a commercial…
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Crisis-hit Sri Lanka has enough petrol left for one day, PM warns
As the country suffers its greatest economic crisis in more than 70 years, Sri Lanka’s new Prime Minister (PM) declared that the country is headed to its last day of petrol stock. PM Ranil Wickremesinghe said the country urgently needed $75 million in foreign currency to pay for crucial imports in a televised address. In…
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CNG prices pushed to Rs140 per kg for sales tax collection
The Federal Board of Revenue (FBR) has raised the sales tax rate on compressed natural gas (CNG) supplies to customers. On Tuesday, the FBR published S.R.O. 587(I)/2022 to replace S.R.O. 39(I)/2022, which was issued on January 8, 2022. It has amended the value of compressed natural gas (CNG) supply to consumers in order to charge…
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Pakistan starts oil and gas production from Dhok Sultan DS X-1
Pakistan’s state-owned natural gas and petroleum products supplier Pakistan Petroleum Limited (PPL) has started production from the recently installed Oil Handling Facilities (OHF) in the Dhok Sultan Block in Punjab province. The business claimed in a filing on May 6 that it is the operator of the Dhok Sultan Block and owns 75 per cent…
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PM Shehbaz rejects OGRA’s proposal, petrol price to remain unchanged till April 30
Pakistan’s new Prime Minister (PM) Shehbaz Sharif on Friday dismissed the proposal from the Oil and Gas Regulatory Authority (OGRA) to raise the price of petroleum products for the fortnight. The recent decision is aimed at providing relief to the public affected by inflation. It is worth noting that the present government’s choice to maintain the…
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Massive hike of Rs83.5 for petrol, Rs119 for diesel proposed by OGRA
The Oil and Gas Regulatory Authority (OGRA) suggested the federal government elevate fuel prices by up to Rs83.5 per liter for petrol and Rs119 for diesel. A summary to the petroleum division was presented by OGRA for the huge increase in petroleum rates to come into effect on April 16 in Pakistan. The proposed raise…
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CNG stations in Sindh to open on April 11
On April 6, the Sui Southern Gas Company Limited (SSGC) ordered the three-day closure of all compressed natural gas (CNG) stations in Sindh. According to a statement from the gas company, all CNG stations will remain closed for 72 hours, starting at 8 AM on Friday and ending at 8 AM on Monday. The CNG…