Pakistan is rich in natural gas but deficient in fossil oil. At present bulk of the gas demand is met through local production, which offers enormous saving of foreign exchange as well as cleaner environment. The added benefit is that …
Read More »GAS – CNG/LPG/LNG (Facts & Figures)
Average Sector Wise Natural Gas Consumption (July-Feb FY 2018) Sector Gas Consumption in MMCFD RLNG Total Power 936 401 1,337 Domestic 860 – 860 Commercial 88 – 88 Transport (CNG) 138 53 191 Fertilizer 613 7 620 General Industry 570 …
Read More »Gas prices evaluation
Researchers believed that the natural gas prices less volatile than oil prices but still volatility is a concern for the economy. The prices of natural gas has stabilized somewhat but its history is not as stable. In the case of …
Read More »Rising knowledge of CNG and LPG vehicle use
Studies revealed that the worldwide Compressed Natural Gas (CNG) and Liquid Petroleum Gas (LPG) market have been categorized in three broad segments such as passenger cars, light commercial vehicle market, and others. On the basis of fuel type the market …
Read More »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 …
Read More »CNG sector moving towards revival on back of LNG interest
The Compressed Natural Gas (CNG) sector would be fully revived with increased import of Liquefied Natural Gas (LNG) during the next two years. Around 3,200 CNG stations were operating in 2012 when natural gas supply to the outlets was stopped …
Read More »Issues and opportunities in oil and gas sector
Issues Pakistan has currently two types of gas — imported and local. Textile, fertilizers, CNG stations and power sectors are using the Liquefied Natural Gas (LNG) under ring fencing regime. However, the domestic, commercial and some industrial players are using …
Read More »LPG LNG CNG – Exploration – Importation – Distribution (Facts & Figures)
PAKISTAN: AVERAGE SECTOR-WISE NATURAL GAS CONSUMPTION Sector For the Period July 1, 2015 To Feb 29, 2016 For the Period July 1, 2016 To Feb 28, 2017 Gas Consumption in MMCFD RLNG Total Gas Consumption in MMCFD RLNG Total Power …
Read More »Size of consumer finance pie remains small
As the Government of Pakistan (GoP) remains the biggest borrower that also offers lucrative return on its risk-free securities, the high risk consumer finance pie size remains small. The share of corporate finance remains substantial because of the absence of …
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