47. Pakistan Economic Survey 2011-12 - Consultancy Services in ...
47. Pakistan Economic Survey 2011-12 - Consultancy Services in ...
47. Pakistan Economic Survey 2011-12 - Consultancy Services in ...
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<strong>Pakistan</strong> <strong>Economic</strong> <strong>Survey</strong> <strong>2011</strong>-<strong>12</strong>Table 14.15: Physical Performance of OGDCLS. # Name of Activity July-Dec July-Dec Change (%)2010 <strong>2011</strong>1 Total 7 7 −i Exploratory Wells 2 1ii Development / Appraisal Wells 5 62 Productioni Oil (Barrels) 6,656,408 (36,176) 6,611,728 (35,933) -0.7ii Gas (MMcft) 152,934 (831) 158,933 (864) 3.8iii LPG (MT) 21,646 (118) 17,613 (96) -22.9iv Sulphur (MT) <strong>12</strong>,435 (67.5) <strong>12</strong>,750 (69.2) 2.5Source: M<strong>in</strong>istry of Petroleum &Natural Resources (MP&NR), Oil & Gas Development Company Ltd (OGDCL)Figures <strong>in</strong> braces show daily average production14.4-b Oil & Gas Regulatory Authority(OGRA):The Oil and Gas Regulatory Authority (OGRA) ismandated by the government to regulate the oil andgas sector to promote competition and attract<strong>in</strong>vestment. In March 2006, it was also given thetask to compute and notify prices of petroleumproducts as per the Federal Government approvedformula. OGRA computes and notifies ex-ref<strong>in</strong>eryprice of High Speed Diesel (HSD) and SuperiorKerosene Oil (SKO) <strong>in</strong>clud<strong>in</strong>g ex-depot prices ofSKO and IFEM (In land Freight EqualizationMarg<strong>in</strong>) on monthly basis. Furthermore, OGRAhas been assigned to monitor the pric<strong>in</strong>g ofpetroleum products. OGRA has also been assignedto submit quarterly reports on pric<strong>in</strong>g of petroleumproducts <strong>in</strong>dicat<strong>in</strong>g the trend <strong>in</strong> <strong>in</strong>ternationalmarkets and petroleum products pric<strong>in</strong>g announcedTable 14.16: Physical Performance of SNGPL and SSGCLS. No Name of Activity 2010-11SNGPLby Oil Market<strong>in</strong>g Companies (OMCs)/ref<strong>in</strong>eriesalong with analysis/f<strong>in</strong>d<strong>in</strong>gs and suggestions, ifany, on regular basis to ECC.14.4-c Sui Northern Gas Pipel<strong>in</strong>es Limited(SNGPL):Dur<strong>in</strong>g 2010-11 SNGPL earned a profit after tax ofRs. 2,361 million and paid an amount of Rs. 1,228million <strong>in</strong> corporate taxes. Dur<strong>in</strong>g the current yearSNGPL extended its transmission network to alength of 7,613 Km.14.4-d Sui Southern Gas Company Limited(SSGCL):SSGCL earned a profit after tax of Rs. 4,795million dur<strong>in</strong>g 2010-11. Dur<strong>in</strong>g the current yearSSGCL extended its transmission network to alength of 3,337 Km.2010-11SSGCL1 Sector-Wise Gas Consumption (mmcf)Power 321 218Fertilizer 116 66Cement 2 2CNG/Transport 231 80General Industry 302 202Commercial 72 28Domestic 416 231Total 1,460 8272 New Connections (Nos.)Domestic 256,172 <strong>12</strong>0,159Industrial 231 179Commercial 1,246 844Total 257,649 <strong>12</strong>1,182Source: Sui Northern Gas Pipel<strong>in</strong>e Ltd (SNGPL), Sui Southern Gas Pipel<strong>in</strong>e Ltd (SSGC)2<strong>12</strong>
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