July 18, 2008

Gas Prices raised by 31%

my car runs on cng
and i am the employ of a gas transmission and distribution company
the profits of my company are going to increase @17.5% annually
i own a few shares of my company
moreover, my pay will be increased proportionally

wow
it looks like a poem that not only feels good to the ears but to the pocket also.

anyhow, we should better try to understand the gas pricing mechanism. majority of gas wells are owned by foreign companies and their local subsidiaries. we only buy gas from them and sell it to the end users, domestic, commercial as well as public.

moreover, check this out
http://www.sngpl.com.pk/index.jsp?Profi … ected.html
sui is no more the major source. sindh presently stands on top. nwfp will soon be snatching that position from sindh. MOL, TULLOW OIL and OGDCL are quite active in Margalla as well as TULL Blocks. some breakthroughs have already been made.

moreover, GAZPROM is expecting oil at 250$. good times coming ahead for us at least. Govt. of Pakistan is not interested in paying heed to renewable energy products that may include hydroelectric. more thermal power will ensure more consumption of fossil fuels. Natural Gas is selling like $s. we may soon be curtailing supplies of Natural Gas to domestic and CNG Pump customer smile.

8 comments:

  1. OGRA often often used emerge as our savior after a substantial fuel price hike in international markets. this used to happen after fortnightly in the previous government's regime. the present government has abolished the policy of maintaining a 15 days price buffer. as of now fuel prices can be adjusted on day to day basis smile.
    moreover, pricing mechanism of cng industry is not regulated by any govt organization. they are free to charge as high as 250$ per kg or as low as a token 1C per kg. this was done to encourage competition which is one of the mainstays of free market economy.

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  2. this is already happening after increase in fuel oil prices.
    servant working in our house related that the prices of donkeys have doubled. now u may get one for 8-9k Rs. instead of 5k Rs. RENEWABLE ENERGY, the hip tech has already found its applications on pakistani roads.

    folks, we can do it

    ReplyDelete
  3. u forgot to mention
    4x4 with differential locks
    its better to get an AWD by keeping in view the approaching monsoons and the dilapidated condition of roads.
    when i was a student 5 years back i had seen or at least listened to the donkey cart races being held on canal bank in lahore. nature has its own rules of maintaining equilibrium. if some rich guys r busy in arranging street races on dha roads, people with little resources don't need to worry. they have their own means of enjoyment. Pakistan is an enormous country of great people. we can outshine this world. its our politicians who don't care about their homeland.
    good luck for the future guys.

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  4. @@!!$$$$

    petrol is not yet on 100 mark
    although,
    EAC (Economic Advisory Committee) has recently given a proposal to Mr. Gillani to fix the prices of motor spirit on Rs. 100 per liter. motorcyclist will be provided some fleet card sort of thing to save them from the inflated fuel prices. they may get the privilege to burn fuel that may cost them Rs. 86 per liter neutral.

    that's a saving of Rs. 14 per liter.

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  5. $$$$

    dear countrymen
    we can come out of these problems
    just give me a chance

    we get least amount of friction in metal to metal contact.
    railways department should be improved for rapid transportation of goods etc.
    mass transit system in the four largest cities, karachi, lahore, faisalabad and hyderabad should be implemented as soon as possible.
    at least one large hydroelectric project with enough water storage to irrigate dying fields of southern punjab and upper sindh should be started immediately on war footage.
    IPP's should be encouraged to build small hydroelectric projects. i have seen people harnessing the power of water to run small flour mills in abbotabad and mansehra regions.
    we should immediately start building small water reservoirs.
    huge resources of thar coal should be utilized by employing latest technologies of coal gasification.
    we should not further delay Iran Pakistan India pipeline, Qatar LNG and pipeline, Turkmenistan Afghanistan Pakistan gas pipelines.
    a lot needs to be done in the field of bio-fuel.

    Pakistan is not going anywhere. we can do it rather, have to do it.

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  6. @above
    u r very right
    there is no free lunch in this world

    anyhow hydroelectric power is still the most feasible solution. some of us are in favor of coal fired power plants, to me that option is not much different from a natural gas fired power plant. we are paying the price of natural gas and we will be paying for thar coal, a dirty energy source in terms of sulfur dioxide emissions. smog which we are used to encounter in punjab during the last decade is a byproduct of coal fired power plants in eastern rather indian punjab. are we ready to see the same in sindh?

    ReplyDelete
  7. u r very right
    there is no free lunch in this world

    anyhow hydroelectric power is still the most feasible solution. some of us are in favor of coal fired power plants, to me that option is not much different from a natural gas fired power plant. we are paying the price of natural gas and we will be paying for thar coal, a dirty energy source in terms of sulfur dioxide emissions. smog which we are used to encounter in punjab during the last decade is a byproduct of coal fired power plants in eastern rather indian punjab. are we ready to see the same in sindh?

    ReplyDelete
  8. But recently, international oil prices plummeted, the price of gas maybe also fall, I think.

    include qr code into jsp page

    ReplyDelete