Feb 13, 2020: The Sui Northern Gas Pipelines Company Limited (SNGPL) would spend Rs 9,039.487 million on expansion of transmission network in southern oil and gas producing districts of Khyber Pakhtunkhwa including Karak, Hangu and Kohat to bring down the ratio of UFG losses.
“Out of the total project cost, the company will bear Rs 4,668.127 million expenses, while the provincial government will provide Rs 4371.360 million being cost over and above criteria,” a senior official privy to petroleum sector developments told.
The provincial government had so far allocated Rs 694.518 million for the project, he said.
Commenting on the company’s ongoing anti-gas theft drive, the official said the company had removed around 4,724 illegal gas connections and lodged 96 First Information Reports (FIRs) against the pilferers in southern oil and gas producing districts of KP during a short span of time.
In line with the government strategy to reduce the line losses, he said the SNGPL was taking all possible measures to bring down the Unaccounted For Gas (UFG) ratio gradually in the coming years.
Under the drive, the official said inspection of all industrial, commercial and domestic consumers was being carried out regularly to prevent gas theft by taking prompt action against unauthorized connections and illegal networks.
SNGPL to expand transmission network in KP’s southern districts
Feb 13, 2020: The Sui Northern Gas Pipelines Company Limited (SNGPL) would spend Rs 9,039.487 million on expansion of transmission network in southern oil and gas producing districts of Khyber Pakhtunkhwa including Karak, Hangu and Kohat to bring down the ratio of UFG losses.
“Out of the total project cost, the company will bear Rs 4,668.127 million expenses, while the provincial government will provide Rs 4371.360 million being cost over and above criteria,” a senior official privy to petroleum sector developments told.
The provincial government had so far allocated Rs 694.518 million for the project, he said.
Commenting on the company’s ongoing anti-gas theft drive, the official said the company had removed around 4,724 illegal gas connections and lodged 96 First Information Reports (FIRs) against the pilferers in southern oil and gas producing districts of KP during a short span of time.
In line with the government strategy to reduce the line losses, he said the SNGPL was taking all possible measures to bring down the Unaccounted For Gas (UFG) ratio gradually in the coming years.
Under the drive, the official said inspection of all industrial, commercial and domestic consumers was being carried out regularly to prevent gas theft by taking prompt action against unauthorized connections and illegal networks.
APP
32723
Data is delayed by 20 minutes
Data is delayed by 20 minutes
To see more commodities please register for our portal
Top 5 things to watch in this week
Charts
Stay Connected
Read Next
SBP reserves expected to rise to $9-10bn by FY24-end: Aurangzeb
Lalpir Power profit climbs to Rs1.45bn in Q1 2024
Immediate interest rate cut needed, suggests Arif Habib to PM Shehbaz
Thal Limited profits soar to Rs7.1bn in 9MFY24, fueled by associate profits