Minister directs SNGPL, SSGCL to glass and market LPG for consumers – Oil and gas update

Saturday, December 17th, 2011 3:56:28 by

Minister directs SNGPL, SSGCL the glass, the LPG market

* Gap between supply and demand of natural gas has reached a point almost 1000 mmcfd

Islamabad: In order to facilitate the domestic gas consumption during the severe gas crisis in the country, the Federal Minister for Petroleum and Natural Resources Dr Asim Hussain directed Sui Northern Gas pipelines
Limited (SNGPL) and Sui Gas Southern Limited (SSGCL) to finish packing and marketing of LPG
in a month that the government can deal with the impending lack of natural gas.

According
to ministry officials, the difference between supply and demand for natural gas amounted to nearly one billion cubic feet a day signal (MMcfd), as a result the management had to reduce the supply of gas to the industrial sector in Punjab for three and a half
days, while the CNG sector in Punjab will face three days of gas load shedding.

He chaired a high-level ministerial meeting on natural gas distribution to CNG sectors, the domestic and fertilizer
industry, on Friday.

It
is estimated that the ministry of petroleum and natural gas supply would be facing shortages up to 911000000 cubic feet per day in December, which will increase to 1.1 million cubic feet in January 2012, 1. 4 million cubic feet in February, coming down to
726 MMCFD in March.
The aim of the LPG bottling and
marketing of natural gas is to ensure gas supply to domestic consumers by creating LPG stores under the jurisdiction of two natural gas utilities.

It was also decided that any industry
that defies the burden of the gas management plan shall be considered in violation with the Agreed gas Theft Act 2011, and punished according to law.

At
the meeting, the APTMA, All Pakistan CNG Association (APCNGA), fertilizer industry, SSGCL, SNGPL Ministry of Industries, Ministry of Food, Oil and Gas Regulatory Authority (ogranak), and senior officials of the Ministry of Petroleum and Natural Resources were
present.

It
was decided by mutual consent that SSGCL make the management of the gas load. Gas loadshedding will occur for one day and two nights a week for the CNG stations. The industry will remain closed on Sunday. Furthermore, Fuji Fertilizer Company will be provided
with continuous gas supply until December
31-2011 to facilitate the supply of fertilizers to farmers.

 

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