Several injured in a blast, which likely to be a Suicide blast in Quetta’s MianGhundi

کوئٹہ: (دنیا نیوز) میاں غنڈی کے علاقے میں سیکیورٹی فورسز کی چیک پوسٹ کے قریب خود کش دھماکے کی اطلاعات، 2 اہلکار شہید، 6 زخمی ہو گئے۔ سیکیورٹی فورسز نے علاقے کو گھیرے میں لے لیا۔

دنیا نیوز کے ذرائع کے مطابق میاں غنڈی کے علاقے میں سیکیورٹی فورسز کی چیک پوسٹ کے قریب خود کش دھماکے میں 2 اہلکاروں کے شہید جبکہ 6 کے زخمی ہونے کی اطلاعات ہیں۔ ذرائع کے مطابق دو دہشتگردوں نے پہلے فائرنگ کی پھر خود کو دھماکے سے اڑا لیا۔

دہشتگردی کے واقعہ کی اطلاع ملتے ہی قانون نافذ کرنے والے ادارے اور ریسکیو کی ٹیمیں موقع پر پہنچیں اور ایمبیولینسوں کے ذریعے خود کش حملے میں شہید اور زخمی ہونے والے اہلکاروں کو سی ایم ایچ ہسپتال منتقل کیا۔

ریسکیو ذرائع کا کہنا ہے کہ یہ دھماکا سیکیورٹی چیک پوسٹ کے قریب ہوا۔ دھماکے میں زخمی ہونے والے دو اہلکاروں کی حالت تشویشناک ہے۔ دھماکے کے بعد سیکیورٹی فورسز نے علاقے کو گھیرے میں لے لیا ہے۔

Pakistan Resumes Oil Imports After a Hiatus after several months

Pakistan has resumed its oil imports after a four-month halt as the demand for power is expected to rise in the summer. The country stopped its fuel imports back in December 2017 as the fuel demand significantly dropped.

Another reason behind the decreased oil demand was that Pakistan switched to Liquified Natural Gas (LNG) resources to provide energy and power during winters.

Pakistan State Oil (PSO), Pakistan’s main oil importer, has now released tender notices to invite bids for the supply of fuel over the year.

Increase in Demand

PSO didn’t specify the amount of fuel that it is going to import in its tender notices. They did, however, put forward their delivery dates in the invitation for bids.

The specified delivery dates for oil are May 25- June 10 and June 11 – June 30. In 2017 PSO imported an average of about 400,000 to 650,000 tonnes of fuel oil every month.

The last order was put up for the month of January 2018, however, it was later canceled due to no demand in the power sector. PSO even exported two fuel cargos at the start of this year as its local supply increased.

Nevyn Nah, Oil Products Analyst at Energy Aspects in Singapore says that Pakistan’s summer switch towards power production through fuel might be because of the flaws in gas-powered stations. He added:

Operations at the new LNG power plants are reportedly not smooth and there’s potential delay to the start-up of several new LNG plants.

It is pertinent to mention here that the due to increased demand, there’s a visible shortfall in power all over the country. The government previously told that there would no load-shedding in the month of Ramzan. However, they quickly backed out on their word and announced that only Sehr and Iftar times would be load-shedding free.

 

Source by : Pro Pakistani

Rise in prices: INDIA oil

BENGALURU: Bangalore Chamber of Industry and Commerce has sought the intervention of GST Council to arrest the rising prices of petroleum products by bringing petroleum products under the GST. In the two-month span, petroleum prices have increased by Rs.15 per litre of petrol in Bangalore while it is much higher in other parts of the country, the Chamber said.

“Since it is well within the executive powers, the GST Council in its forthcoming meeting scheduled for second week of April, sh ..

Pak’s petroleum prices lowest in region, NA told

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal informed National Assembly on Friday that petroleum prices in Pakistan are lowest in the region. Responding to a call attention notice, he said that the oil prices are reviewed keeping in view the trend in the international market.

He said that as the prices are now going up, we have no option but to increase the domestic prices. He assured that the prices will be reduced as these come down in the international market.

The Minister of State said that we have managed to keep the inflation rate below four percent. Parliamentary Secretary on Cabinet Secretariat Raja Javed Ikhlas said despite increase in the prices of petroleum products in the international market, the government has tried not to pass its full impact to the people.

The members on the occasion asked the government to withdraw the recent increase in the prices of oil and reduce the general sales tax on the petroleum products.

Earlier, Minister of State for Finance Rana Muhammad Afzal has said that the present government empowered banks to recover loans from the defaulters under a new law. Responding to a calling attention notice moved by Rana Muhammad Hayat Khan in the National Assembly on Friday, he clarified that the government does not waive off the loans but discretion to this effect rests with the banks. He said that a list of loan defaulters has already been presented before the Upper House.

The Speaker referred the matter of loan defaulters to the committee concerned with the instructions to submit its report within fifteen days. Meanwhile, Minister for Climate Change Mushahidullah told the National Assembly that all the institutions should work within their constitutional domain. He said working within constitutional ambit will ensure good governance.

He said that parliament which frames laws is the mother of all institutions and it should be allowed to perform its functions.

He pointed out that panama papers contained the names of many peoples but it is regrettable that only one family is being targeted in the name of accountability. The House has now been prorogued.

Copyright PPI (Pakistan Press International), 2018

$10 Billion Invested in Petroleum Sector in Last 4 Years in Pakistan

Foreign and domestic companies have invested around $10 billion in petroleum exploration & production (E&P) sector of the country during last four years, said Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi.

Addressing a press conference, the minister said that it is encouraging for the economy of the country that an investment of $10 billion has been made when the investment dropped down 40 percent globally as a result of low oil prices.

Russia Backing The Project

Talking about the status of construction of a gas pipeline from Lahore to Karachi (north south), he said that the gas utility companies completed the first phase of pipeline and work on second phase is in progress. He said that Russia is financing the project and the government of Pakistan is providing land for the project.  

Russia will invest $2 billion in the project, the first phase of which is expected to conclude by December 2017. The 1,100 kilometre pipeline with a capacity of 12.4 billion cubic meter per annum will connect Karachi‘s liquefied natural gas (LNG) terminals with those in Lahore

More Oil and Gas Discovered

The minister further said that 101 discoveries have been made during the last four years. He said as many as 83 wells of oil and gas discovered in Sindh and seven discoveries have been made both in Punjab and Khyber Pakhtunkhwa. 

In Balochistan, he said that the re-bidding process of awarding blocks has been initiated. He admitted that the federal government has to cancel licences issued against various blocks in Balochistan which could not start the exploration activities due to poor law and order situation. 

Lower Gas Load-Shedding in Winter

The government has claimed credit for inclusion of 5.2 trillion cubic feet gas in national gas pipeline during the PML-N tenure through 68 discoveries, which would help the country overcome gas load-shedding in coming winters. 

Recently, he pointed out that oil and gas company PEL succeeded in discovering 765 barrel oil and 24 cubic feet gas in the Badin area. The Oil and Gas Development Company (OGDCL) also started drilling of three wells. 

The minister for petroleum said that a total of 5.4 trillion cubic feet gas has been discovered since the PML-N came into power in 2013. Now, he said, the volume of discovered gas is much higher than that of gas consumption in the country.

Natural Gas Theft and Distribution

Responding to a question regarding unaccounted for natural gas (UFG), the minister said that the provincial governments are responsible to stop gas theft; however, he said that the federal government kept the UFG of SNGPL to 10 percent and reduced the theft cases of SSGCL to 40 percent.

He further disclosed that the proposal to change gas distribution formula – to treat all residential consumers across the country equally irrespective of gas produced in one province or the other – will be taken up again in the meeting of the Council of Common Interests (CCI). The meeting of CCI has been scheduled for July 31, he added.

He said that the federal government has asked industry and commercial ventures to use LNG as an alternate fuel. 

 

 

Source: https://propakistani.pk/2017/07/18/10-billion-invested-petroleum-sector-last-4-years-pakistan/