Pakistan News

    Location Of Natural Gas Reserves In Pakistan

  • Oil, gas companies ordered to treat natural gas as LNG

    ISLAMABAD: In a surprise development, the Ministry of Petroleum and Natural Resources on Wednesday ordered the oil and gas companies involved in liquefied natural gas (LNG) to treat domestic natural gas being supplied to PakArab Fertiliser Limited as regasified LNG...

    Informed sources in the petroleum ministry said the orders were issued to the Sui Northern Gas Pipelines Limited (SNGPL), Sui Southern Gas Company Limited (SSGC) and...

  • Pakistan should benefit from its strategic location, says World Bank MD

    ISLAMABAD: The chief operating officer and managing director of World Bank, Sri Mulyani Indrawati, underscored the importance of China Pakistan Economic Corridor (CPEC), saying “Pakistan should effectively take benefit of its strategic location for achieving economic objectives"...

    The World Bank MD said Pakistan has shown great economic progress during the last few years due to the right steps taken by the government; however, she...

  • Exact location of Raiwind sit-in not decided: PTI

    LAHORE: As the Pakistan Peoples Party and the Pakistan Muslim League-Quaid have opposed the Pakistan Tehreek-i-Insaf’s plan to stage a sit-in outside the prime minister’s Raiwind residence on Sept 24, the PTI has said that it will not lay siege to the premier’s house and will announce the ‘exact location’ of the sit-in in a few days...

    Dr Tahirul Qadri’s Pakistan Awami Tehreek (PAT) also has not yet decided to participate in the PTI’s...

  • Saudi officials who killed Jamal Khashoggi must reveal location of body: Erdogan

    The Saudi officials who killed journalist Jamal Khashoggi in their Istanbul consulate must reveal the location of his body, Turkey's president said on Friday in remarks that were sharply critical of the kingdom's handling of the case...

    Key mysteries remaining include whether the killing was carried out with the knowledge of the crown prince, who denies it, and the location of Khashoggi's body...

  • Qatar looks to increase natural gas production by 30pc

    Energy-rich Qatar said on Tuesday that it plans to increase natural gas production by 30 per cent over the next several years, as it faces pressure from its neighbours in a diplomatic crisis...

    Saad Sherida Al-Kaabi, the head of Qatar Petroleum, told a press conference that the emirate intends to raise production to 100 million tonnes of natural gas a year by 2024...

  • Natural gas losses

    Around 400m cubic feet of natural gas is going to waste every day, accounting for almost 14-15pc of total supplies to the country’s integrated transmission and distribution network...

    This much of gas is sufficient to run up to 2,400megawatt of power plants at an average fuel cost of just Rs5 per unit (kwh) compared to Rs12 or so of furnace oil-based generation, or Rs8 per unit on imported liquefied natural gas...

  • LNG back to being ‘natural gas’ as PM approves redesignation

    ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Friday corrected Pakistan’s dictionary on hydrocarbons that he had himself changed almost three years ago...

    Presiding over a meeting of the Economic Coordination Comm­ittee (ECC) of the Cabinet, the prime minister approved redesignating liquefied natural gas (LNG) as natural gas under the 2002 Oil and Gas Regulatory Authority (Ogra) Act that he had ‘defined’ as petroleum product under...

  • China’s tariffs on US Liquefied Natural Gas to have long-term impact

    SINGAPORE: China’s decision to hike import duties on US liquefied natural gas (LNG) is a move that means very little for the market in the short-term, but it has the potential to deliver outsised consequences the longer the levies remain in place...

    Much of the new LNG coming on stream this year and next is based in the US, as companies rush to take advantage of the plentiful and cheap supplies of natural gas delivered by the nation’s...

  • Photography exhibition showcases Pakistan’s natural beauty

    RAWALPINDI: A two-day photography exhibition showcasing Pakistan’s natural beauty began on Wednesday...

    Arranged by the Pakistan Tourism Development Corporation (PTDC) at a local hotel, Federal Education Minister Balighur Rehman was invited as the chief guest and PTDC officials and a number of people attended the event...

  • Pakistan full of hidden natural wonders, says PM

    ISLAMABAD: Prime Minister Imran Khan has said that Pakistan is a land of unimaginable beauty, hidden natural wonders and untapped tourism potential...

    He said this on Sunday in a Twitter message which came after a travel magazine, Wander­lust, listed nine destinations of Pakistan for adventurers in 2020, from the magical Himalayan valleys to lunar landscapes of bubbling mud volcanoes...

  • Oil giants sign deal to exploit gas reserves

    8 billion deal to develop the world’s largest natural gas reserve in the Persian Gulf last Monday...

    The parties — China National Petroleum Corp, France’s Total and the National Iranian Oil Co through its Petropars subsidiarywill develop the South Pars gas field, the first major energy investment since sanctions against Iran were lifted early last year...

  • Austrian company finds gas reserves in Sindh

    VIENNA: Austrian oil and gas company OMV has found gas at the Latif exploration block in Sindh, according to a press release issued by the company on Monday...

    The Latif South-1 well had a gas throughput of 2,500 barrels of oil equivalent (boe) a day during testing, the company said in a statement...

  • Oil and gas reserves found in Mianwali

    ISLAMABAD: The Mari Petroleum Company Limited (MPCL) announced on Friday to have discovered reserves of crude oil, condensate and natural gas in its Karak Block’s Kalabagh Well in Mianwali...

    Also read: Large reserves of crude oil found in SindhThe discovery is the company’s second success in the block, after its first major crude oil discovery at Halini Well-1 in 2011...

  • Shale gas, oil reserves outweigh conventional stock, study reveals

    ISLAMABAD: Pakistan has confirmed recoverable reserves of around 200 trillion cubic feet (TCF) of natural gas and around 58 billion barrels of oil in its shale structure — many times larger than existing conventional gas reserves of around 20 TCF and 385 million barrels of oil...

    This was stated by Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi at a press conference held here on Thursday to explain main findings of...

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