Oil, Gas and Refinery Projects update
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ghazi52
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Turkmenistan completes its section of TAPI pipeline
ISLAMABAD: Turkmenistan has completed construction of the gas pipeline in its section under the Turkmenistan, Afghanistan, Pakistan and India (TAPI) project, following which a ground-breaking ceremony is scheduled to be held at the Turkmen border city of Serhetabat on Friday to take the pipeline to Afghanistan.
The grand inaugural ceremony would be preceded by a Steering Committee meeting of the project’s participating countries – Turkmenistan, Afghanistan, Pakistan and India – at Mary City in Turkmenistan.
We are turning TAPI into reality: PM Abbasi
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi addressed on Friday the inaugural ceremony of Turkmenistan–Afghanistan–Pakistan–India (TAPI) project in Serhatabad, Turkmenistan.
During his address, the premier appreciated President of Turkmenistan Gurbanguly Berdimuhamadov for converting a mere gas pipeline project into an energy and communication corridor.
“This is a momentous occasion, we are turning TAPI into reality,” said PM Abbasi. “It recreates historical linkages for the region.”
ISLAMABAD: Turkmenistan has completed construction of the gas pipeline in its section under the Turkmenistan, Afghanistan, Pakistan and India (TAPI) project, following which a ground-breaking ceremony is scheduled to be held at the Turkmen border city of Serhetabat on Friday to take the pipeline to Afghanistan.
The grand inaugural ceremony would be preceded by a Steering Committee meeting of the project’s participating countries – Turkmenistan, Afghanistan, Pakistan and India – at Mary City in Turkmenistan.
We are turning TAPI into reality: PM Abbasi
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi addressed on Friday the inaugural ceremony of Turkmenistan–Afghanistan–Pakistan–India (TAPI) project in Serhatabad, Turkmenistan.
During his address, the premier appreciated President of Turkmenistan Gurbanguly Berdimuhamadov for converting a mere gas pipeline project into an energy and communication corridor.
“This is a momentous occasion, we are turning TAPI into reality,” said PM Abbasi. “It recreates historical linkages for the region.”
Menace2Society
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The repair bill will run into millions. It will not survive the journey through Afghanistan.
ghazi52
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Work on Darra Adamkhel-Hayatabad gas pipeline to start this month
ISLAMABAD (NNI): The Sui Northern Gas Pipelines Limited (SNGPL) would start construction work on 38-kilometer Darra Adamkhel to Hayatabad gas pipeline during the current month to ensure smooth supply of gas to Industrial Estate Hayatabad, Peshawar. “The company is trying its best to ensure supply of gas to all industries of the estate for which it carried out necessary maintenance of gas pipeline network and all consumer meter stations to ensure uninterrupted supply of the commodity,” official sources told state-run media. During the current fiscal year, they said ample gas had been supplied to all industries including Compressed Natural Gas stations, captive power units and cement industries, which is evident from the fact that consumption of industrial consumers had increased by 904 million cubic feet (mmcf) during the first four months as compared to the corresponding period of previous year.
“Peshawar industries’ gas consumption stood at 4,899 mmcf during the period from July-October-2016, while in July-October-2017 at 5,804 mmcf, which shows an increase of 904 mmcf,” the sources said.
ISLAMABAD (NNI): The Sui Northern Gas Pipelines Limited (SNGPL) would start construction work on 38-kilometer Darra Adamkhel to Hayatabad gas pipeline during the current month to ensure smooth supply of gas to Industrial Estate Hayatabad, Peshawar. “The company is trying its best to ensure supply of gas to all industries of the estate for which it carried out necessary maintenance of gas pipeline network and all consumer meter stations to ensure uninterrupted supply of the commodity,” official sources told state-run media. During the current fiscal year, they said ample gas had been supplied to all industries including Compressed Natural Gas stations, captive power units and cement industries, which is evident from the fact that consumption of industrial consumers had increased by 904 million cubic feet (mmcf) during the first four months as compared to the corresponding period of previous year.
“Peshawar industries’ gas consumption stood at 4,899 mmcf during the period from July-October-2016, while in July-October-2017 at 5,804 mmcf, which shows an increase of 904 mmcf,” the sources said.
kabooter_maila
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Why the gas pipeline was not routed through northern Afghanistan to Pakistan to J&K. Indians first vacate the occupied land and then get the gas.Turkmenistan completes its section of TAPI pipeline
ISLAMABAD: Turkmenistan has completed construction of the gas pipeline in its section under the Turkmenistan, Afghanistan, Pakistan and India (TAPI) project, following which a ground-breaking ceremony is scheduled to be held at the Turkmen border city of Serhetabat on Friday to take the pipeline to Afghanistan.
The grand inaugural ceremony would be preceded by a Steering Committee meeting of the project’s participating countries – Turkmenistan, Afghanistan, Pakistan and India – at Mary City in Turkmenistan.
We are turning TAPI into reality: PM Abbasi
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi addressed on Friday the inaugural ceremony of Turkmenistan–Afghanistan–Pakistan–India (TAPI) project in Serhatabad, Turkmenistan.
During his address, the premier appreciated President of Turkmenistan Gurbanguly Berdimuhamadov for converting a mere gas pipeline project into an energy and communication corridor.
“This is a momentous occasion, we are turning TAPI into reality,” said PM Abbasi. “It recreates historical linkages for the region.”
ghazi52
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Khalifa Coastal Oil Refinery project
ISLAMABAD: Pak-Arab Refinery Company (Parco) is in the process of preparing a comprehensive feasibility study on the Khalifa Coastal Oil Refinery project, which has remained in doldrums due to paucity of funds after approval in 2007.
According to sources, the company is working on a feasibility study that will be conducted at an estimated cost of $4.5 billion.
It is implementing the project at Khalifa Point, near Hub, Balochistan, which will be a state-of-the-art refinery having production capacity of 250,000 to 300,000 barrels per day (11 to 14 million tons per annum).
Annual consumption of petroleum products in the country is around 24 million tons, of which only 15% is met through domestically produced crude oil while the rest is imported in the shape of crude oil and refined petroleum products.
Locally produced and imported crude is refined by six major and two small refineries in the country.
Byco Oil Pakistan Limited installed an oil refinery in Hub at a cost of $400 million in 2015 with refining capacity of 120,000 barrels per day, equivalent to 5 million tons per annum.
Byco has also installed Single Buoy Mooring (SBM) facility for the transportation of crude oil from ships to storage tanks.
Total Parco Pakistan Limited acquired Chevron Pakistan and with 765 petrol pumps it has become almost equivalent to the size of Shell Pakistan.
ISLAMABAD: Pak-Arab Refinery Company (Parco) is in the process of preparing a comprehensive feasibility study on the Khalifa Coastal Oil Refinery project, which has remained in doldrums due to paucity of funds after approval in 2007.
According to sources, the company is working on a feasibility study that will be conducted at an estimated cost of $4.5 billion.
It is implementing the project at Khalifa Point, near Hub, Balochistan, which will be a state-of-the-art refinery having production capacity of 250,000 to 300,000 barrels per day (11 to 14 million tons per annum).
Annual consumption of petroleum products in the country is around 24 million tons, of which only 15% is met through domestically produced crude oil while the rest is imported in the shape of crude oil and refined petroleum products.
Locally produced and imported crude is refined by six major and two small refineries in the country.
Byco Oil Pakistan Limited installed an oil refinery in Hub at a cost of $400 million in 2015 with refining capacity of 120,000 barrels per day, equivalent to 5 million tons per annum.
Byco has also installed Single Buoy Mooring (SBM) facility for the transportation of crude oil from ships to storage tanks.
Total Parco Pakistan Limited acquired Chevron Pakistan and with 765 petrol pumps it has become almost equivalent to the size of Shell Pakistan.
ghazi52
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Byco Petroleum to set up two more refineries
KARACHI: Byco Petroleum Pakistan Limited, while re-commissioning its oil refinery, has announced that it will set up two more refineries to capitalise on domestic demand for petroleum products.
Byco re-commissioned a catalytic reformer at its oil refinery, ORC-2, enabling the company to convert 24,000 barrels per day of heavy naphtha into motor gasoline, as per rated capacity.
At the combined current level of crude processing at both of Byco’s Oil Refining Complexes (ORC I & II), ie 75,000 barrels per day, the cumulative motor gasoline production has increased fivefold from 300 tons to 1,500 tons per day.
KARACHI: Byco Petroleum Pakistan Limited, while re-commissioning its oil refinery, has announced that it will set up two more refineries to capitalise on domestic demand for petroleum products.
Byco re-commissioned a catalytic reformer at its oil refinery, ORC-2, enabling the company to convert 24,000 barrels per day of heavy naphtha into motor gasoline, as per rated capacity.
At the combined current level of crude processing at both of Byco’s Oil Refining Complexes (ORC I & II), ie 75,000 barrels per day, the cumulative motor gasoline production has increased fivefold from 300 tons to 1,500 tons per day.
ghazi52
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The government has decided to facilitate companies that want to set up refineries along the coastal belt of Balochistan by waving taxes for 20 years, said Ministry of Petroleum and Natural Resources Director General Oil Abdul Jabbar Memon.
The only condition is that the companies should be able to produce 100,000 barrels per day of oil.
Pakistan, with the assistance of the UAE, is setting up a state-of-the-art refinery at Hub, Balochistan with an investment of $5 billion, which will refine 250,000 barrels per day.
Byco Vice President Operations Mansoor Shafique Qureshi said Byco had invested much time, effort and resources in the commissioning of the catalytic reformer, which would give additional strategic advantage of producing significantly more high quality motor gasoline.
Byco has planned many additional upgrades and investments and these will be unveiled as they are rolled out. It is already Pakistan’s largest oil refining firm with a design production capacity of 155,000 barrels per day by its two oil refineries, he said.
The only condition is that the companies should be able to produce 100,000 barrels per day of oil.
Pakistan, with the assistance of the UAE, is setting up a state-of-the-art refinery at Hub, Balochistan with an investment of $5 billion, which will refine 250,000 barrels per day.
Byco Vice President Operations Mansoor Shafique Qureshi said Byco had invested much time, effort and resources in the commissioning of the catalytic reformer, which would give additional strategic advantage of producing significantly more high quality motor gasoline.
Byco has planned many additional upgrades and investments and these will be unveiled as they are rolled out. It is already Pakistan’s largest oil refining firm with a design production capacity of 155,000 barrels per day by its two oil refineries, he said.
Clutch
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ghazi52
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Mari Petroleum, Polish company ink MoU on strategic cooperation
PR ISLAMABAD - Mari Petroleum Company Limited (MPCL) and PolskieGórnictwoNaftoweIGazownictwo SA (PGNiG), Polish oil & gas exploration company , Thursday signed a strategic cooperation initiative for evaluating future potential business opportunities in local & international upstream exploration & production projects.
The MoU for strategic cooperation was signed by Lt Gen (r) Ishfaq Nadeem Ahmad, MD/CEO MPCL, and Przemyslaw Krogulec, MD PGNiG, at MPCL head office here. The strategic cooperation between the two oil and gas exploration companies envisages exploring business opportunities in upstream exploration and production projects within and outside Pakistan including farm-in opportunities and pursuit of shale potential in Pakistan.
PR ISLAMABAD - Mari Petroleum Company Limited (MPCL) and PolskieGórnictwoNaftoweIGazownictwo SA (PGNiG), Polish oil & gas exploration company , Thursday signed a strategic cooperation initiative for evaluating future potential business opportunities in local & international upstream exploration & production projects.
The MoU for strategic cooperation was signed by Lt Gen (r) Ishfaq Nadeem Ahmad, MD/CEO MPCL, and Przemyslaw Krogulec, MD PGNiG, at MPCL head office here. The strategic cooperation between the two oil and gas exploration companies envisages exploring business opportunities in upstream exploration and production projects within and outside Pakistan including farm-in opportunities and pursuit of shale potential in Pakistan.
ghazi52
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PM Abbasi inaugurates Tolanj Gas Processing facility in Kohat
March 27, 2018
ISLAMABAD – Prime Minister Shahid Khaqan Abbasi says the government is determined to enhance gas and electricity production in the country.
Addressing the inaugural ceremony of Tolanj gas processing facility in Kohat on Tuesday evening, he said all available resources are being utilized to achieve these objectives of development.
Shahid Khaqan Abbasi said Tolanj gas processing plant is the largest gas facility in Khyber Pakhtunkhwa and it will generate twenty million cubic feet gas per day.
The prime minister lauded the role MOL Pakistan for installing Tolanj gas processing plant. He hoped more investment will be made by private entrepreneurs in oil and gas sector.
He also lauded the role of Khyber Pakhtunkhwa government for helping in the installation of Tolanj gas processing plant.
Governor Khyber Pakhtunkhwa Iqbal Zafar Jhagra was also present on the occasion.
Tolanj gas processing plant will generate a revenue of $31 million annually. The project has been completed at a cost of $15 million by a private company, MOL Pakistan.
March 27, 2018
ISLAMABAD – Prime Minister Shahid Khaqan Abbasi says the government is determined to enhance gas and electricity production in the country.
Addressing the inaugural ceremony of Tolanj gas processing facility in Kohat on Tuesday evening, he said all available resources are being utilized to achieve these objectives of development.
Shahid Khaqan Abbasi said Tolanj gas processing plant is the largest gas facility in Khyber Pakhtunkhwa and it will generate twenty million cubic feet gas per day.
The prime minister lauded the role MOL Pakistan for installing Tolanj gas processing plant. He hoped more investment will be made by private entrepreneurs in oil and gas sector.
He also lauded the role of Khyber Pakhtunkhwa government for helping in the installation of Tolanj gas processing plant.
Governor Khyber Pakhtunkhwa Iqbal Zafar Jhagra was also present on the occasion.
Tolanj gas processing plant will generate a revenue of $31 million annually. The project has been completed at a cost of $15 million by a private company, MOL Pakistan.
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