NewzShewz
No Result
View All Result
Monday, June 16, 2025
  • Home
  • Finance
  • Politics
  • Energy
  • International
NewzShewz
  • Home
  • Finance
  • Politics
  • Energy
  • International
No Result
View All Result
NewzShewz
No Result
View All Result
Home Energy

PPL receives seven bids for 50 MMSCFD raw gas from KGF

by AMG
September 4, 2024
in Energy
0
PPL receives seven bids for 50 MMSCFD raw gas from KGF
29
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD: Pakistan Petroleum Limited (PPL) has received interest from seven companies for allocation of 50 MMSCFD for unprocessed surplus gas from Kandhkot Gas Field (KGF).


PPL, in a letter to Directorate General (Gas) Petroleum Division has cited reference of its letter of June 24, 2024 and July 3, 2024 on “re-allocation of surplus gas from Kandhkot gas field” has apprised that market analysis of potential buyers for the purchase of gas has been completed.


According to the Company, the following companies have shown interest in purchase of surplus gas, M/s Energas Marketing (Private) Limited, M/s K-Electric, M/s Fauji Kabirwala Power Company Private Limited (FKPCL), M/s Universal Gas Distribution Company (Private.) Limited (UGDC), M/s Tabeer Energy Marketing (Private) Limited (TEMPL), M/s Engro Powergen Qadirpur Limited (EPQL) and M/s Metrogas(Private) limited.


The Company is of the view that it intends to sell unprocessed 50 MMCFD at PoD of KGF to interested party on preferred terms in line with industrial practices such as advance payment, payment in USD for portion of sales bill and ToP clause at any early possible timeframe.


In the pretext of interest of companies, PPL has requested Petroleum Division for de-allocation/ re-allocation of 50 MMSCFD surplus gas of Kandhkot Gas Field to allow it to initiate competitive bidding process for sales of gas to third party buyers.

Tags: KGFPPL

Related Posts

FM seeks suggestions to ensure oil stability amid geopolitical volatility
Energy

FM seeks suggestions to ensure oil stability amid geopolitical volatility

by AMG
June 16, 2025
0

ISLAMABAD : In response to the evolving geopolitical situation following Israel’s recent attack on Iran and the resulting volatility in...

Read more
Finally, Both Houses pass 26th Constitutional amendment, Bill 2024  
Energy

Senate Committee demands probe into NGC  contract award to Newage Cables

by AMG
June 15, 2025
0

ISLAMABAD: The Senate Standing Committee on Economic Affairs Division (EAD) has directed that the case involving officials of the National...

Read more
  • Trending
  • Comments
  • Latest
Dasu Transmission Line Controversy Continues

OSD DMD refutes incompetence label , highlights NTDC leadership flaws, WB project issues, corruption, and contractor influence”

June 12, 2025
Newzshewz Exclusive

NTDC BoD removes ” incompetent ” officials

April 23, 2025
GoP Receives Notice from Halmore Power Company Regarding ‘Forced’ Negotiated Settlement

GoP Receives Notice from Halmore Power Company Regarding ‘Forced’ Negotiated Settlement

December 8, 2024
Refineries seek FM intervention for removal of GST exemption on petroleum products

 ECC Likely to approve Rs 4.12/litre fuel price hike to support refineries, OMCs

May 14, 2025
Enhanced Rationalization in the Categorization of SOEs

Enhanced Rationalization in the Categorization of SOEs

0
PPIB to extend TLoS of ZSPL

PPIB to extend TLoS of ZSPL

0
CCP Fines Diamond Paint Industries PKR 5 million

CCP Fines Diamond Paint Industries PKR 5 million

0
Steering Committee on Discos

Steering Committee on Discos

0
FM seeks suggestions to ensure oil stability amid geopolitical volatility

FM seeks suggestions to ensure oil stability amid geopolitical volatility

June 16, 2025
Finally, Both Houses pass 26th Constitutional amendment, Bill 2024  

Senate Committee demands probe into NGC  contract award to Newage Cables

June 15, 2025
Re-bidding of wind projects tariffs  under consideration

Standoff continues: WPPs resist Govt push for tariff revisions

June 14, 2025
PM’s political announcement on tariff reduction still in the works.

Power tariffs from July 1,2025 hinges on NEPRA’s  determinations : PD

June 13, 2025
  • Home
  • About
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Terms and Conditions
Contact us: contact@newzshewz.com

No Result
View All Result
  • Home
  • Finance
  • Energy
  • International
  • Politics
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.