AIRLINK 167.80 Decreased By ▼ -10.36 (-5.81%)
BOP 9.78 Decreased By ▼ -0.26 (-2.59%)
CNERGY 7.99 Decreased By ▼ -0.23 (-2.8%)
CPHL 88.00 Decreased By ▼ -4.50 (-4.86%)
FCCL 44.00 Decreased By ▼ -1.77 (-3.87%)
FFL 15.56 Decreased By ▼ -0.34 (-2.14%)
FLYNG 28.05 Decreased By ▼ -0.45 (-1.58%)
HUBC 138.25 Decreased By ▼ -3.86 (-2.72%)
HUMNL 12.46 Decreased By ▼ -0.35 (-2.73%)
KEL 4.27 Decreased By ▼ -0.09 (-2.06%)
KOSM 5.59 Decreased By ▼ -0.33 (-5.57%)
MLCF 64.80 Decreased By ▼ -1.49 (-2.25%)
OGDC 212.03 Decreased By ▼ -2.33 (-1.09%)
PACE 5.74 Decreased By ▼ -0.28 (-4.65%)
PAEL 45.00 Decreased By ▼ -0.90 (-1.96%)
PIAHCLA 17.20 Decreased By ▼ -0.32 (-1.83%)
PIBTL 9.27 Decreased By ▼ -0.50 (-5.12%)
POWER 14.50 Increased By ▲ 0.30 (2.11%)
PPL 167.00 Decreased By ▼ -2.82 (-1.66%)
PRL 30.63 Decreased By ▼ -2.55 (-7.69%)
PTC 21.24 Decreased By ▼ -0.31 (-1.44%)
SEARL 90.21 Decreased By ▼ -3.19 (-3.42%)
SSGC 41.10 Decreased By ▼ -0.01 (-0.02%)
SYM 14.53 Decreased By ▼ -0.93 (-6.02%)
TELE 7.43 Decreased By ▼ -0.25 (-3.26%)
TPLP 9.48 Decreased By ▼ -0.37 (-3.76%)
TRG 65.28 Decreased By ▼ -1.70 (-2.54%)
WAVESAPP 9.59 Decreased By ▼ -0.23 (-2.34%)
WTL 1.32 Decreased By ▼ -0.01 (-0.75%)
YOUW 3.72 Decreased By ▼ -0.10 (-2.62%)
AIRLINK 167.80 Decreased By ▼ -10.36 (-5.81%)
BOP 9.78 Decreased By ▼ -0.26 (-2.59%)
CNERGY 7.99 Decreased By ▼ -0.23 (-2.8%)
CPHL 88.00 Decreased By ▼ -4.50 (-4.86%)
FCCL 44.00 Decreased By ▼ -1.77 (-3.87%)
FFL 15.56 Decreased By ▼ -0.34 (-2.14%)
FLYNG 28.05 Decreased By ▼ -0.45 (-1.58%)
HUBC 138.25 Decreased By ▼ -3.86 (-2.72%)
HUMNL 12.46 Decreased By ▼ -0.35 (-2.73%)
KEL 4.27 Decreased By ▼ -0.09 (-2.06%)
KOSM 5.59 Decreased By ▼ -0.33 (-5.57%)
MLCF 64.80 Decreased By ▼ -1.49 (-2.25%)
OGDC 212.03 Decreased By ▼ -2.33 (-1.09%)
PACE 5.74 Decreased By ▼ -0.28 (-4.65%)
PAEL 45.00 Decreased By ▼ -0.90 (-1.96%)
PIAHCLA 17.20 Decreased By ▼ -0.32 (-1.83%)
PIBTL 9.27 Decreased By ▼ -0.50 (-5.12%)
POWER 14.50 Increased By ▲ 0.30 (2.11%)
PPL 167.00 Decreased By ▼ -2.82 (-1.66%)
PRL 30.63 Decreased By ▼ -2.55 (-7.69%)
PTC 21.24 Decreased By ▼ -0.31 (-1.44%)
SEARL 90.21 Decreased By ▼ -3.19 (-3.42%)
SSGC 41.10 Decreased By ▼ -0.01 (-0.02%)
SYM 14.53 Decreased By ▼ -0.93 (-6.02%)
TELE 7.43 Decreased By ▼ -0.25 (-3.26%)
TPLP 9.48 Decreased By ▼ -0.37 (-3.76%)
TRG 65.28 Decreased By ▼ -1.70 (-2.54%)
WAVESAPP 9.59 Decreased By ▼ -0.23 (-2.34%)
WTL 1.32 Decreased By ▼ -0.01 (-0.75%)
YOUW 3.72 Decreased By ▼ -0.10 (-2.62%)
BR100 12,255 Decreased By -261.8 (-2.09%)
BR30 36,723 Decreased By -919.8 (-2.44%)
KSE100 115,020 Decreased By -2206.3 (-1.88%)
KSE30 35,328 Decreased By -691.3 (-1.92%)

The fire that was burning for 18 days at Karachi’s Korangi Crossing finally extinguished on Tuesday, as per Aaj News.

A fire brigade team is still present at the site as the smell of gas was spreading around the affected area.

After the mysterious fire began on March 29, the TPL Properties confirmed a natural gas pocket as its source.

“Based on initial technical evaluations as well as independent views expressed by industry experts indicate that the gas may be shallow biogenic methane, a naturally occurring gas resulting from organic material decomposition,” the company wrote to the Pakistan Stock Exchange (PSX).

The company further said that since the area is not part of a known natural gas reservoir, this gas pocket is expected to dissipate naturally over time provided the flame is allowed to burn.

Later, on April 9, the Ministry of Energy (Petroleum Division) has constituted a technical committee to oversee the assessment and containment efforts.

The committee comprises representatives from Pakistan Petroleum Limited, Oil & Gas Development Company Limited and Pakistan Refinery Limited, said the company, adding that the team will ensure a swift and effective resolution.

Comments

200 characters