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Tag Archives: LNG

Review of oil and gas consumption last year

Review of oil and gas consumption last year

Pakistan’s dependence on the hydrocarbons has been growing immensely where the dwindling indigenous resources are being counterpoise by imports. According to the Economic Survey 2016-17, the domestic production of crude oil stood at 24.2 million barrels during 9 nine month …

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Import Of Petroleum Products, LNG Likely To Rise

IMPORT OF PETROLEUM PRODUCTS, LNG LIKELY TO RISE

According to the provisional statistics of the Pakistan Bureau of Statistics (PBS), imports into Pakistan during May, 2018 amounted to Rs671,212 million (provisional) as compared to Rs589,741 million (provisional) during April, 2018 and Rs530,620 million during May, 2017 explaining a …

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Energy Sector Victim Of Inconsistent Policies

ENERGY SECTOR VICTIM OF INCONSISTENT POLICIES

Analysts had termed creations of independent power plants (IPPs) as putting the cart before the horse. It was true that power generation plants were not very efficient, but real losses were due to highly inefficient distribution companies. There was rampant …

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Natural gas review

Hike in gas price the worst decision of present government

International studies revealed that approximately 80 percent of the world’s total proven natural gas reserves are placed in ten nations. Russia tops the list, holding about a quarter of world’s total gas reserves then comes Iran and Qatar. It has …

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