NewzShewz
No Result
View All Result
Saturday, January 17, 2026
  • 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 seeks PD nod to offer 50 MMscfd gas to third part from KGF as Guddu fails to meet offtake target

by AMG
May 17, 2025
in Energy
0
PPL seeks PD nod to offer 50 MMscfd gas to third part from KGF as Guddu fails to meet offtake target
224
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD: Pakistan Petroleum Limited (PPL) has requested the support of the Directorate General (Gas), Petroleum Division, to allow the sale of 50 MMscfd of surplus gas from its Kandhkot Gas Field (KGF) to a third party as GENCO-II (747 MW Guddu Thermal Power Plant) has failed to honour gas offtake.

Sources told Newzshewz that in a letter addressed to the Director General (Gas), the Managing Director of PPL cited persistently low gas offtakes by GENCO-II as a recurring issue that the company has raised repeatedly in meetings and previous communications.

According to PPL, GENCO-II has consistently lifted significantly less gas than the Annual Contracted Quantity (ACQ) of 145 MMscfd. Between July 1, 2024, and April 30, 2025, average daily offtakes were around 89 MMscfd. Since April 29, 2025, this figure has further dropped below 70 MMscfd, with some days seeing usage fall under 60 MMscfd.

The Managing Director stated that GENCO-II’s persistent underutilization is incompatible with the production potential of the Kandhkot Gas Field. This situation, he warned, is exposing PPL to substantial financial risk and adversely affecting field operations, including reservoir deliverability, well load-ups, emergency response capability, and plant integrity.

Additionally, PPL noted that the company missed its annual production targets for KGF, while production from the adjacent Chachar Gas Field has been completely halted since March 15, 2025.

In light of this, PPL has urged the DG (Gas) to advise GENCO-II to honor its gas offtake commitments. More importantly, PPL has requested approval to reallocate approximately 50 MMscfd of surplus gas from KGF to a third party to mitigate ongoing losses.

“We look forward to your support in resolving these issues and initiating the process for the sale of this surplus gas from KGF to a third party,” the Managing Director wrote.

Ends

Related Posts

Ali Pervaiz Malik highlights Pakistan’s mineral potential at FMF
Energy

Ali Pervaiz Malik highlights Pakistan’s mineral potential at FMF

by AMG
January 17, 2026
0

ISLAMABAD : Federal Minister for Petroleum, Ali Pervaiz Malik, represented Pakistan at the Future Minerals Forum (FMF) in Riyadh where...

Read more
Hydel generation declines by 13.7% in December 2025 YoY basis
Energy

Hydel generation declines by 13.7% in December 2025 YoY basis

by AMG
January 17, 2026
0

ISLAMABAD: The country’s hydel generation has declined by 13.7 % to 1,534 GWh in December 2025 as compared to 1,778...

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
Investigations into IPPs Undermine Investor Confidence

KE Board…. thank you. We are leaving the meeting

November 13, 2025
Newzshewz Exclusive

NTDC BoD removes ” incompetent ” officials

April 23, 2025
Zargham Eshaq Khan steps down as MD NESPAK

Zargham Eshaq Khan steps down as MD NESPAK

November 1, 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
Ali Pervaiz Malik highlights Pakistan’s mineral potential at FMF

Ali Pervaiz Malik highlights Pakistan’s mineral potential at FMF

January 17, 2026
Hydel generation declines by 13.7% in December 2025 YoY basis

Hydel generation declines by 13.7% in December 2025 YoY basis

January 17, 2026
NEPRA okays new financing mechanism for 59 IPPs of different technologies

KE has no role in accumulation of circular debt : NEPRA

January 16, 2026
Gold, stocks post strong gains in 2025: Topline Securities

Pakistan’s oil and gas sector earnings seen down 15% YoY in 2QFY26

January 16, 2026
  • 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.