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Gas production dropped by 6pc in 2020-21: report

Gas production dropped by 6pc in 2020-21 report

Oil imports went up by 27.82 per cent, while natural gas production dropped by 6 per cent in the fiscal year 2020-21, the annual report of the Oil and Gas Regulatory Authority (OGRA) said.

According to the annual report, natural gas production dropped to 2006 mmcfd after a 6 per cent drop in 2020-21. However, local refineries’ production went up by 14.48 per cent.

The refineries’ oil production went up to 10.66 million tons in 2020-21 and LPG production in local refineries went up by 25.32 per cent.

Petroleum demand spiked by 12.95 per cent in 2020-21 and went up from 17.63 per cent to 19.92 per cent. Punjab got 52 per cent (1426 mmcfd) of the total gas, while Sindh got 39 per cent (1052 mmcfd).

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Despite the crisis, Oil and Gas Regulatory Authority (OGRA) gave away 467,000 new connections during the financial year 2020-21.

OGRA, in its annual report, said that it gave 305,409 new connections in Punjab, 77,152 in Sindh, 66,209 in Khyber Pakhtunkhwa and 18,284 in Balochistan during 2020-21.

In 2020-21, OGRA issued 87 various licenses related to LPG. For the construction of LPG storage and filling plants, OGRA issued 30 licenses for the operation of LPG storage and filling plants 11 license, one each license for the operation of LPG auto refuelling station and construction of LPG production& storage facility respectively.

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