AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
Business & Finance

There is zero tolerance against gas theft and line losses: Omar Ayub Khan

ISLAMABAD: Petroleum Minister Omar Ayub Khan on Tuesday said there is zero tolerance against gas theft and line los
Published April 23, 2019

ISLAMABAD: Petroleum Minister Omar Ayub Khan on Tuesday said there is zero tolerance against gas theft and line losses.

He was briefing to the petroleum division where Nadeem Babar, Special Assistant to Prime Minister (SAPM) was also present.

Secretary for Petroleum Asad Hayyaudin briefed Minister about oil and gas exploration and production projects. He also updated about Liquefied Natural Gas (LNG) covenants, demand of petroleum products, local refineries and their production. Federal Secretary also briefed about functioning of the division and its attached companies.

Khan added that a special task force should be chalked out .This task force should take data from both gas companies regarding gas theft cases.

He said that protection of national resources is priority of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC).

Nadeem Babar, SAPM added that management of gas companies shall be preemptive in curtailing the line losses.

He also said that in a bid to achieve self-sufficiency in the energy sector, Oil and Gas Development Company (OGDCL) and Pakistan Petroleum Limited (PPL) should devised a strategy to reinvigorate oil and gas exploration activities under which around new blocks will be auctioned to award licenses to interested E&P companies.

The briefing was attended by all senior officers of Petroleum Division.

Copyright Business Recorder, 2019

Comments

Comments are closed.