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Sun 03rd January 2021 | 03:10 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 3rd Jan, 2021 ) :Cognizant of the country s existing and future energy needs, the Petroleum Division (PD), during the year 2020, has aligned its strategy to streamline the matters related to the oil and gas sector.
It introduced the ease-of-doing-business plan and took radical measures to ensure a level-playing field for all competitors in the energy sector.
For the purpose, as many as 10 unnecessary steps, out of 24, were abolished to encourage investment in the petroleum sector.
Recounting the government achievements in the oil and gas sector, a senior official privy to the petroleum sector developments told APP that the PD started importing Euro-5 standard petrol and diesel for the first time in the country s history.
Embracing NNPC’s LPG/Autogas before darkness falls on fossil gas
On
By Sonny Atumah
Nigeria’s President Muhammadu Buhari, last week, commissioned the Nigeria Petroleum Development Company, NPDC Integrated Gas Handling Facility in Ologbo, Edo State. The Liquefied Petroleum Gas plant that receives gas from the Oredo Field, estimated to be the largest onshore plant in Nigeria is to process wasted or flared gas to produce several Natural Gas Liquids, NGL to create wealth.
It is one of the projects embarked upon by the MeleKyari led NNPC, and executed by its subsidiary; the NPDC to scale up utilisation of Nigeria’s natural gas resources and put spurs on Nigeria’s industrialization. With this, the NNPC is moving towards a global integrated energy company.
Japanese, Russian companies partner on feasibility study of blue ammonia value chain between eastern Siberia & Japan
Toyo Engineering Corporation and Irkutsk Oil Company (IOC), Japan Oil, Gas and Metals National Corporation (JOGMEC), and Itochu Corporation are partnering on a joint feasibility study of a blue ammonia value chain between eastern Siberia and Japan. The project aims to establish a future blue ammonia value chain at a commercial scale.
Blue Ammonia is CO
2 capture and storage) to isolate CO
2 into underground reservoirs.
Ammonia is liquefied under relatively mild conditions, i.e. -33 ˚C in ambient pressure or 8.5 atm in ambient temperature. Since this condition is similar to that of Liquefied Petroleum Gas (LPG) liquefaction, ammonia can be stored and transported with similar infrastructure for LPG storage and transportation.
ISLAMABAD: The government on Thursday increased the prices of petrol by Rs2.31/liter, diesel Rs1.80/liter, kerosene by Rs3.36/liter, and Light Diesel Oil price by Rs3.95/liter. The increase will be.