Northern Gas Pipelines Limited's UFG Losses Reduced By 3.1% In Three Years
Mohammad Ali (@ChaudhryMAli88) Published February 07, 2018 | 01:19 PM
Un-accounted For Gas (UFG) losses of Sui Northern Gas Pipelines Limited (SNGPL) have been reduced by 3.1 percent due to effective steps taken by the company during a period of three years
ISLAMABAD,(UrduPoint / Pakistan Point News - 07th Feb, 2018 ) :Un-accounted For Gas (UFG) losses of Sui Northern Gas Pipelines Limited (SNGPL) have been reduced by 3.1 percent due to effective steps taken by the company during a period of three years.
'The SNGPL's UFG losses were 11.17 percent in June 2013 , which have been curtailed and brought to 8.07 percent in June 2017,� official sources told APP. In line with the international practices, the UFG is calculated with the difference between the metered gas volume injected into the transmission and distribution network - Point of Dispatch (POD) and the metered gas delivered to the end consumers at Consumer Meter Station (CMS) during a financial year.
The sources said gas theft, law and order affected areas, minimum billing, leakages, measuring errors and shift of bulk sales to retail sector were among the major UFG contributing factors. The UFG, they said, being one of the most critical elements in the gas sector, played a vital role in the profitability of the gas transmission and distribution companies.
They said it was important for all stakeholders to understand the term `UFG' and the reasons behind it.
Answering to a question, the sources said the government and gas utility companies were taking necessary steps to prevent gas losses.
They said the government had promulgated the Gas (Theft Control & Recovery) Ordinance, 2016 and involved law enforcement agencies to prevent gas theft. Federal Investigation Teams have been engaged with gas utility companies for carrying out raids against gas thieves.
The gas companies are creating awareness among the general public through newspapers about wastage of the commodity besides warning the pilferers. The sources said almost all Industrial customers had been �Cyber Locked� by restricting unauthorized access to the Customer Meter Stations and allowing entry to authorized personnel only.
Electronic Volume Correctors have been installed at almost all the industries in order to have strict check and balance on gas consumption, abnormalities. They said pre and post-inspection analysis of customers were carried out regularly, while defected, suspected and tampered meters were instantly replaced regularly.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 26 April 2024
Today Gold Rate in Pakistan 26 April 2024
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
More Stories From Business
-
Exchange rates for currency notes
2 hours ago -
Foreign exchange rates
2 hours ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 26 April 2024
3 hours ago -
Today Gold Rate in Pakistan 26 April 2024
3 hours ago -
Chinese minister felicitates Ahsan Iqbal on reappointment as Planning minister
12 hours ago -
Pak-US officials engage to enhance trade, investment ties
13 hours ago
-
Stocks fall as tech shares sink, US economy slows
14 hours ago -
Higher taxes, awareness help decrease cigarettes sale in Pakistan
15 hours ago -
Ahsan Iqbal chairs CPEC JWGs, 13th JCC review-meeting
15 hours ago -
Industries Minister recommends urea fertilizer import to stabilize prices and supply
15 hours ago -
Honda announces US$11 bn EV battery and vehicle plant in Canada
15 hours ago -
Zhao Shirin calls on Punjab Industries Minister
15 hours ago