PM directs Petroleum Ministry to launch crackdown against illegal gas connections

MG News | April 04, 2019 at 09:43 AM GMT+05:00

0:00

April 4, 2019: Prime Minister Imran Khan has directed the Ministry of Petroleum to launch a crackdown against illegal gas connections immediately.

Presiding over a meeting regarding stoppage of gas losses in Islamabad, he also directed to take stern action against the employees of gas companies who are complicit in gas theft.

The Prime Minister expressed concern over the gas pilferage and any possible mishap as a result of stealing gas from the main lines.

He said the current loss ratio and burden on general pubic are unacceptable and all possible measures should be taken to curb these losses.

The Prime Minister was briefed that there is approximately 11 percent unaccounted-for gas in the Sui Northern Gas Pipelines Ltd's system and 16 percent in the Sui Southern Gas Company system amounting to 45 billion rupees.

The meeting was further informed that gas companies are facing a loss of worth nineteen billion rupees in theft, 11.25 billion rupees in leakage and 14.50 billion rupees due to annual loss and other reasons.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	157,953.47 555.47M	1.14% 1775.65
ALLSHR	96,741.22 1,957.60M	1.16% 1110.83
KSE30	48,198.94 249.79M	1.09% 520.47
KMI30	232,694.17 290.89M	1.31% 3011.94
KMIALLSHR	65,027.13 1,019.78M	1.03% 660.37
BKTi	42,489.56 84.10M	1.35% 566.75
OGTi	31,779.36 15.21M	0.14% 43.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,985.00	118,295.00 116,115.00	2160.00 1.86%
BRENT CRUDE	67.57	68.42 67.19	-0.38 -0.56%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.00	94.50 94.00	0.45 0.48%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.37	64.20 63.03	-0.33 -0.52%
SUGAR #11 WORLD	16.13	16.27 15.89	-0.14 -0.86%