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[ad_1] ISLAMABAD: Pakistan’s economic policymakers have suggested amendments to the gas supply priority order with the objective of according top priority to the industry, which will help boost industrialisation process in the country. In a recent meeting of the Economic Coordination Committee (ECC), its members argued that the merit order for gas supply had been distorted as the domestic sector (residential consumers) got first priority with no value addition. They underscored the need for amending the economic merit order by placing the industry at the top as it was making value addition and fetching revenue for the country. It was pointed out that the government had already decided the gas load management plan wherein provision of gas to domestic consumers would be ensured for eight hours a day during winter months. However, some policymakers emphasised that it would not be prudent to further reduce gas supply to residential consumers by relegating them in the priority or

[ad_1] Cooking with gas stoves can raise indoor levels of a chemical linked to a higher risk of leukaemia and other blood cell cancers, finds an alarming study. The study, published in the journal Environmental Science & Technology, showed that a single gas cooktop burner on high or a gas oven set to 350 degrees Fahrenheit can raise indoor levels of the carcinogen benzene above those found in secondhand tobacco smoke. Benzene also drifts throughout a home and lingers for hours in home air, said researchers. "Benzene forms in flames and other high-temperature environments, such as the flares found in oil fields and refineries. We now know that benzene also forms in the flames of gas stoves in our homes," said Rob Jackson, Professor of Earth system science at the Stanford Doerr School of Sustainability. "Good ventilation helps reduce pollutant concentrations, but we found that exhaust fans were often ineffective at eliminating benzene exposure," he add

[ad_1] WINNIPEG: Canadian oil and gas producers will drill 8% more wells in 2024 to take advantage of greater access to pipelines, with the Trans Mountain oil pipeline expansion due to open, an industry group said in an annual forecast on Friday. Conventional oil production accounts for a small portion - 14% on average this year - of Canada's overall crude output, which comes mainly from oil sands. Canada is the world's fourth-largest oil producer. Producers will drill 6,229 wells next year, up 481 from 2023, the Canadian Association of Energy Contractors predicted. Most of the increased drilling will likely happen in the second half of 2024, as the industry rebounds from a softer market in the recent third quarter, the association said. The Trans Mountain expansion is scheduled to start shipping crude late in the first quarter of 2024, while the Coastal GasLink is approaching mechanical completion. Capital discipline by producers is likely to cap growth in drilling, th

[ad_1] Caretaker Minister for Energy Muhammad Ali on Thursday said gas prices in the country had consistently been a matter of concern, underlining that forthcoming announcements would detail the impending changes in the price of the commodity. The minister made these remarks during a visit to the Lahore Chamber of Commerce and Industry (LCCI). Caretaker Federal Minister for Commerce, Industries, and Production, Gohar Ejaz, was also attended the event. The Oil and Gas Regulatory Authority (Ogra) had in June this year asked the government to increase gas tariff by 45 per cent to 50pc for all consumer groups across the country to meet revenue requirement of two gas utilities — Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) — during fiscal year 2023-24. The government is yet to take a formal decision on the matter. During a visit to the LCCI today, Ali addressed the issue of gas prices, emphasising regional disparities “The price of gas