Local gas production tumbles by 10pc: Refineries' production

Local gas production tumbles by 10pc: Refineries' production also declines by 20.43pc to 9.86m tons in 2019-20


July 15, 2021
ISLAMABAD: In an alarming development, the local gas production in the country has tumbled by 10 per cent in 2019-20 to 2,138 BCFD (billion cubic feet gas per day) from 2.379 BCFD last year (2018-19) whereas the gas consumption has declined by 6 per cent to 3,714 MMCFD from 3,969 MMCFD during the same period.
According to the OGRA’s State of the Regulated Petroleum Industry Report for the fiscal year 2019-20, issued here on Wednesday, the natural gas production has gone down by 10 per cent in 2019-20. The deficit between production and consumption was partially met through RLNG import, whose share in natural gas supplies has increased from 27 per cent to 29 per cent during the current financial year.

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