Karachi: The Qadirpur gas field would remain closed for one month from August 28 to September 27, 2011 on account of annual maintenance of the gas field.
According to Alfalah Securities Limited, Qadirpur gas field is the second largest gas field of the country having majority of the gas reserves, supplies up to 460 mmcfd gas to the Sui Southern Gas Pipeline (SNGP). Pakistan’s total gas requirement stands at around 6.50 bn cubic feet per day (bcfd) whereas, the current supply of gas stands at 4.0 bcfd depicting a shortage of 2.5 bcfd. The gas shortage is expected to further hike by 1 bcfd in winter. The closure of Qadirpur gas field for a month would result in a shortage of 460 mmcfd gas on the SNGP system which would affect the domestic, industrial, fertilizer and the CNG sectors.