Gas Consumers May Pay Rs. 46 Billion to Guard Oil and Gas Infrastructure

The government of Pakistan is considering a proposal to spend Rs. 46 billion on security measures to protect its oil and gas infrastructure in Khyber Pakhtunkhwa and Balochistan. This plan, which involves 14 dedicated wings, would be implemented following 23 sabotage incidents over the past two years that caused significant gas losses and financial losses.

The proposed security mechanism would include four wings to protect SNGPL pipelines and northern gas sources, as well as 10 regular wings to safeguard exploration and drilling activities. The costs of these measures would be shared between the federal government, provincial governments, and E&P companies. The move aims to mitigate the financial burden on gas consumers and prevent a potential suspension of northern gas supplies, which could increase the prescribed gas price by approximately Rs. 333 per mmBtu.

Brief written by urgent.news from ProPakistani's own syndicated text. Machine-written — may contain errors; check the original before relying on it.