SNGPL’s UFG losses reduced by 3.1% in three years

News Image

MG News | February 07, 2018 at 01:01 PM GMT+05:00

0:00

Un-accounted for Gas (UFG) losses of Sui Northern Gas Pipelines Limited (SNGPL) have been reduced by 3.1 percent due to effective steps taken by the company during a period of three years.

“The SNGPL’s UFG losses were 11.17 percent in June 2013, which have been curtailed and brought to 8.07 percent in June 2017,” official sources told APP.

In line with the international practices, the UFG is calculated with the difference between the metered gas volume injected into the transmission and distribution network - Point of Dispatch (POD) and the metered gas delivered to the end consumers at Consumer Meter Station (CMS) during a financial year.

The sources said gas theft, law and order affected areas, minimum billing, leakages, measuring errors and shift of bulk sales to retail sector were among the major UFG contributing factors.

The UFG, they said, being one of the most critical elements in the gas sector, played a vital role in the profitability of the gas transmission and distribution companies.

They said it was important for all stakeholders to understand the term `UFG' and the reasons behind it.

Answering to a question, the sources said the government and gas utility companies were taking necessary steps to prevent gas losses.

They said the government had promulgated the Gas (Theft Control & Recovery) Ordinance, 2016 and involved law enforcement agencies to prevent gas theft.

Federal Investigation Teams have been engaged with gas utility companies for carrying out raids against gas thieves. The gas companies are creating awareness among the general public through newspapers about wastage of the commodity besides warning the pilferers.

The sources said almost all Industrial customers had been ‘Cyber Locked’ by restricting unauthorized access to the Customer Meter Stations and allowing entry to authorized personnel only.

Electronic Volume Correctors have been installed at almost all the industries in order to have strict check and balance on gas consumption, abnormalities.

They said pre and post-inspection analysis of customers were carried out regularly, while defected, suspected and tampered meters were instantly replaced regularly.

Related News

Name Price/Vol %Chg/NChg
KSE100 157,306.47
267.42M
0.72%
1128.65
ALLSHR 96,368.02
1,103.12M
0.77%
737.63
KSE30 47,975.18
145.00M
0.62%
296.71
KMI30 231,575.15
192.13M
0.82%
1892.93
KMIALLSHR 64,814.61
519.72M
0.70%
447.85
BKTi 42,329.50
69.87M
0.97%
406.70
OGTi 31,586.85
10.16M
-0.47%
-148.94
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,375.00 118,295.00
116,115.00
1550.00
1.34%
BRENT CRUDE 67.64 68.01
67.50
-0.31
-0.46%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.50 93.50
93.50
0.15
0.16%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.36 63.82
63.24
-0.69
-1.08%
SUGAR #11 WORLD 16.23 16.59
16.23
-0.33
-1.99%

Chart of the Day


Latest News
September 18, 2025 at 12:02 PM GMT+05:00

Central govt debt surges to over Rs78tr in July


September 18, 2025 at 12:00 PM GMT+05:00

Crypto market edges higher as fed delivers first rate cut


September 18, 2025 at 11:55 AM GMT+05:00

Saudi Riyal available at PKR 76 in open market


September 18, 2025 at 11:26 AM GMT+05:00

Pakistan, China vow stronger economic ties


September 18, 2025 at 11:13 AM GMT+05:00

CDNS revises profit rates on savings schemes



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg