• Download the Constitution of Pakistan
  • Advertise
Friday, May 30, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Mismanagement, fuel shortage blamed for outages

by Web Desk
July 19, 2021
in Business
Reading Time: 1 min read
0
outages
Share on FacebookShare on TwitterLinkedinWhatsapp

Fuel shortages caused by inadequate supply arrangements and forced outages are leading to serious power supply constraints as consumers suffer in extremely humid conditions across the country.

A senior official of the Power Division conceded that power companies had been compelled by unavoidable circumstances to apply forced power cuts ranging between 1,000MW and 2,000MW in peak hours. This does not include revenue-based load shedding of 2,500-4,000MW depending on how the relevant authorities are technically able to park shortages.

“We are not getting LNG (liquefied natural gas) supplies against firm demand and furnace oil supplies are not sufficient to run available power plants,” the official said.

The management is such that LNG tenders for two-vessel deliveries in the second and third weeks of July were canceled at the rate of $11.77 and $11.66 per MMBTU (million British thermal units) and one of them was given to the same party after four days at $12.78 per MMBTU and one vessel was missed altogether.

Tags: liquefied natural gasLNGMMBTUoutagesPower Division
Web Desk

Web Desk

Related Posts

Pakistan unveils first govt-led Strategic Bitcoin Reserve

Pakistan unveils first govt-led Strategic Bitcoin Reserve

by News Publishing
May 29, 2025
0

In a groundbreaking move, Pakistan has officially launched its first government-led Strategic Bitcoin Reserve, marking a significant step in the...

PIA

PIA Class B Shares Jump Rs18,000, PSX Seeks Clarification

by Anum Arif
May 26, 2025
0

Karachi – May 26, 2025:In a startling development during the ongoing privatization efforts of Pakistan International Airlines (PIA), the price...

GDP 2025

Pakistan’s Economy Grows 2.4% in Q3 FY2024-25

by Anum Arif
May 20, 2025
0

Pakistan’s economy posted a gross domestic product (GDP) growth of 2.4% in the third quarter (January–March) of the fiscal year...

Agriculture sector being developed on modern lines: PM

Agriculture sector being developed on modern lines: PM

by News Publishing
May 15, 2025
0

Prime Minister Muhammad Shehbaz Sharif has said agriculture sector is being developed on modern lines to achieve agricultural self-reliance. He...

KSE-100 Surges Past 120,000as Ceasefire, IMF Funding, andTax Relief Fuel Market Rally

KSE-100 Surges Past 120,000as Ceasefire, IMF Funding, and Tax Relief Fuel Market Rally

by News Publishing
May 13, 2025
0

The Pakistan Stock Exchange (PSX) extended its historic rally on Tuesday, with the benchmark KSE-100 Index climbing back above the...

PKR and Dollar

PKR Rises Amid Trade Truce Optimism

by Anum Arif
May 12, 2025
0

The Pakistani rupee showed early signs of strength on Monday, appreciating 0.1% against the US dollar in the inter-bank market...

Next Post
Cuba Pakistan

Cuba offers Pakistan a centre for vaccine production

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters