University of peshawar, Public university in Peshawar, Pakistan

Amid the energy crisis, Pakistan's provinces including Sindh and Balochistan will face several shortages of gas, as one of the leading gas companies in Karachi has decided to suspend its supply to all the compressed natural gas (CNG) stations from December 1 to February 15 next year.According to Dawn, the Sui Southern Gas Company Ltd (SSGCL) has decided to suspend gas supply across Sindh and Balochistan.In a statement, the SSGCL said gas supply to all captive power plants (CPPS) of non-export industrial units was discontinued last Friday till further orders due to this winter spike. However, all general industries, zero-rated export industries including its CPPs and fertiliser sector will continue to get the gas, Dawn reported.Meanwhile, the gas crisis in Karachi is taking a toll with 75 per cent of the areas being badly affected by load shedding during meal hours all day. Some areas are not getting gas for the past three days and hotels have increased the rates to cope with the increasing demands. Gas cylinders and refilling are also out of reach of people due to over-cost. (Ummat), according to The News International.Pakistan is on the verge of a massive shortage of gas and rationing due to depleting local gas reserves and the failure of the Imran Khan government to procure a sufficient quantity of LNG.On November 1, energy minister Hammad Azhar had informed that the government has arranged 11 LNG cargoes for the month of November, The News International reported.LNG trading companies have backed out of an agreement made with PLL to provide two cargoes for November for mammoth monetary gains of up to 200 per cent profit in the international spot market, according to the publication.Pakistan's cost of energy production has increased following an increase in fuel prices.Almost two-thirds of the country's electricity generation is based on fossil fuels, as per The Tribune.The rise in crude oil prices have hit the highest in the last three years - USD 86 per barrel, the newspaper reported.The energy crisis is worsening due to the rising cost of the LNG.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

University Of PeshawarFOLLOW

University of peshawar, Latest News

After Pakistan's Federal Investigation Agency (FIA) launched a probe into irregularities in the sale of urban properties by the Evacuee Trust Property Board (ETPB), the agency has urged for a "mandatory" convening of departmental accounts committee ( ...

Pakistan Prime Minister has barred members of the federal cabinet from travelling abroad without permission, stating that he himself was not undertaking foreign visits, local media reported on Wednesday. ...

Pakistan is trying to mend its ties with Saudi Arabia in order to get financial help to revive its crumbling economy. ...

Islamabad, Dec 1 Pakistani President Arif Alvi has said that new cyber security challenges require a strategy to ... ...

The Border Security Force is celebrating its 57th Raising Day on Wednesday. ...

Relatives of a deceased Pakistani labourer on Monday took out a procession in Pakistan's Thatta city, accusing Pakistan police of having murdered him in custody. ...

Police authorities in Pakistan's Lahore have burked figures to show a declining crime rate in the city. ...

Amid the energy crisis, Pakistan's provinces including Sindh and Balochistan will face several shortages of gas, as one of the leading gas companies in Karachi has decided to suspend its supply to all the compressed natural gas (CNG) stations from De ...