taly’s APC consortium offers solution to save 100BCF gas
* Offer includes replacement of existing gas meters with smart meters and gas leakage detection and reduction in existing gas transmission and distribution system
Staff Report
ISLAMABAD: The Asia Pacific Corporation (APC) consortium from Italy has offered Pakistan replacement of existing gas meters with smart meters and gas leakage detection and reduction in the existing gas transmission and distribution system of the Sui Northern Gas Pipelines Ltd and Sui Southern Gas Company Ltd networks. It is estimated that potentially 100 billion cubic feet (BCF) gas could be saved from the solution presented by APC.
Adviser to the Prime Minister on Petroleum and Natural Resources Dr Asim Hussain has said that the government’s top priority is to solve existing energy crisis, for which a number of steps are underway. An important area is the high Unaccounted-for-Gas ratio, which has to be brought down. He said this while meeting a delegation of the APC consortium that met Hussain on Thursday. The meeting was also attended by Ambassador of Italy in Pakistan Adriano Chiodi Cianfarani, Petroleum Secretary Waqar Masood Khan and senior officers of the Ministry of Petroleum and gas companies.
The APC consortium in their presentation provided an outline of the feasibility assessments and engineering, project development, financing and risk minimisation. The proposed solution will entail complete real-time information about each consumer and meter and its two-way linkage with head-end. It is estimated that potentially 100 BCF gas can be saved from the solution. The consortium also informed that they want to make investments in this project and repayment would be made from the sale of gas and decreased losses, which would entail no debt burden on the companies or the consumers.
While welcoming the proposed solution, the adviser informed the delegation that proper procurement procedures as per Public Procurement Regulatory Authority Rules have to be followed in implementation of the proposal and directed gas companies to work out the modalities within two weeks to save the precious gas.
In a separate meeting with CEOs of Oil Marketing Companies (OMCs), Dr Hussain emphasised on monitoring of retail outlets for quality product sale and elimination of hoarding and stocking. OMCs requested the adviser on petroleum to facilitate them in clearance of their receivables. Dr Hussain assured the delegation that these issues would be taken up with the concerned departments immediately. OMCs were further informed that the government is taking various measures to resolve the issue of inter-corporate circular debt and in this regard, OMCs were requested to cooperate with the government.
Staff Report
ISLAMABAD: The Asia Pacific Corporation (APC) consortium from Italy has offered Pakistan replacement of existing gas meters with smart meters and gas leakage detection and reduction in the existing gas transmission and distribution system of the Sui Northern Gas Pipelines Ltd and Sui Southern Gas Company Ltd networks. It is estimated that potentially 100 billion cubic feet (BCF) gas could be saved from the solution presented by APC.
Adviser to the Prime Minister on Petroleum and Natural Resources Dr Asim Hussain has said that the government’s top priority is to solve existing energy crisis, for which a number of steps are underway. An important area is the high Unaccounted-for-Gas ratio, which has to be brought down. He said this while meeting a delegation of the APC consortium that met Hussain on Thursday. The meeting was also attended by Ambassador of Italy in Pakistan Adriano Chiodi Cianfarani, Petroleum Secretary Waqar Masood Khan and senior officers of the Ministry of Petroleum and gas companies.
The APC consortium in their presentation provided an outline of the feasibility assessments and engineering, project development, financing and risk minimisation. The proposed solution will entail complete real-time information about each consumer and meter and its two-way linkage with head-end. It is estimated that potentially 100 BCF gas can be saved from the solution. The consortium also informed that they want to make investments in this project and repayment would be made from the sale of gas and decreased losses, which would entail no debt burden on the companies or the consumers.
While welcoming the proposed solution, the adviser informed the delegation that proper procurement procedures as per Public Procurement Regulatory Authority Rules have to be followed in implementation of the proposal and directed gas companies to work out the modalities within two weeks to save the precious gas.
In a separate meeting with CEOs of Oil Marketing Companies (OMCs), Dr Hussain emphasised on monitoring of retail outlets for quality product sale and elimination of hoarding and stocking. OMCs requested the adviser on petroleum to facilitate them in clearance of their receivables. Dr Hussain assured the delegation that these issues would be taken up with the concerned departments immediately. OMCs were further informed that the government is taking various measures to resolve the issue of inter-corporate circular debt and in this regard, OMCs were requested to cooperate with the government.
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