The management of Sui Northern Gas Pipelines Limited (SNGPL) has said that the public gas utility has made consistent efforts to bring down unaccounted-for-gas (UFG) ratio from 8.98% to 5.15% over the last four years.
During the four-year period, the cumulative UFG of the company contracted substantially from 62,627 million cubic feet (8.98%) in financial year 2019-20 to 32,588 million cubic feet (5.15%) in 2022-23. “Efforts are continuously being made to further reduce the UFG level,” an SNGPL representative said.
A meeting between officials of the Petroleum Division and SNGPL board and management was held in Islamabad the other day, which was led by Minister for Petroleum Dr Musadik Malik along with Petroleum Secretary Momin Agha.
Meeting participants comprehensively reviewed the overall performance of SNGPL, particularly in respect to control over UFG – a term used to denote losses caused by gas theft and leakages.
The minister praised the efforts made by the SNGPL management for enhancing efficiency in company operations. Efforts for UFG control and the successful progress made on the Town Border Station (TBS) installation project were also lauded.
The company has been monitoring gas losses at micro levels in line with directives of the Petroleum Division. SNGPL has completed the installation of 1,470 TBS/measurement facilities in five major cities namely Lahore, Islamabad, Rawalpindi, Peshawar and Mardan under phase-I of the metering project.
Meters on the rest of the TBS will be installed in the second phase, for which spadework has already been completed.
Earlier this month, the government kept gas prices unchanged, effective from July 1, 2024, denying consumers some relief at a time of significantly high inflation and soaring tax burden.
Though in its decision sent to the federal government the Oil and Gas Regulatory Authority (Ogra) slashed gas prices up to 10% for public utilities for financial year 2024-25, the government refrained from passing on the reduction to consumers.
The regulator reduced the tariff while determining the revenue requirement of Sui gas companies for FY25.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ