Last checked at 9 Apr 2014 13:28
No. CS04-08(KSE/LSE/ISE)
April 09, 2014
1. | The General Manager, Karachi Stock Exchange (G) Limited, Stock Exchange Building, Stock Exchange Road, Karachi Fax No: 021-111-573-329, 2437560 | 2. | The Secretary, Lahore Stock Exchange (G) Limited, 19-Khayaban-e-Aiwan-e-Iqbal, Lahore Fax No. 042-36368485 |
3. | The Secretary, Islamabad Stock Exchange (G) Ltd, 55-B, ISE Towers, Jinnah Avenue, Islamabad Fax No. 051-111473329 | 4. | London Stock Exchange Plc. 10 Paternoster Square, London EC4M 7LS Tel: (44) 20 7334 8907 |
SUBJECT: DISSIMINATION OF MATERIAL INFORMATION - WELLHEAD GAS PRICES
Dear Sir,
We are pleased to inform you that Oil and Gas Regulatory Authority (OGRA) has notified the wellhead gas prices for OGDCL operated fields for the period January 1, 2014 to June 30, 2014 as under:
Name of the Field | To be sold to | Price per MMBTU | ||
Loti Field | SNGPL | PKR 146.05 | ||
Dhodak Field | SNGPL | PKR 310.59 | ||
Ex-Dakhni Oil Field | SNGPL | PKR 155.45 | ||
Sadkal Gas Field
| SNGPL | When daily production taken on a monthly average is (MMBTU / day) | Rs / MMBTU | |
1 | Upto and including 100 | 896.92 | ||
2 | Greater than 100 up to and including 200 | 794.41 | ||
3 | Greater than 200 up to and including 300 | 691.91 | ||
4 | Greater than 300 | 563.78 | ||
Qadirpur Gas Field | SNGPL | PKR 317.96 | ||
Chanda Gas Field | SNGPL | US$ 2.7552 | ||
Mela Gas Field | SNGPL | US$ 2.7552 | ||
Nashpa Gas Field | SNGPL | US$ 2.7552 | ||
Kunnar Deep and Pasaki Deep Gas Field | SSGCL | US$ 2.5652 | ||
Noorai Jagir Field | SSGCL | US$ 2.5652 | ||
Sari Hundi Field | SSGCL | When daily production taken on a monthly average is (MMBTU / day) | RS/ MMBTU | |
1 | Up to 30 | 873.87 | ||
2 | Greater than 30 up to 50 | 822.47 | ||
3 | Greater than 50 up to 70 | 771.07 | ||
4 | Greater than 70 up to 90 | 719.66 | ||
5 | Greater than 90 up to 110 | 668.26 | ||
6 | Greater than 110 up to 130 | 616.85 | ||
7 | Greater than 130 up to 150 | 565.45 | ||
8 | Greater than 150 and upwards | 514.04 | ||
Bobi Field | SSGCL | When daily production taken on a monthly average is (MMBTU / day) | RS/ MMBTU | |
1 | 0 upto and including 30 | 616.85 | ||
2 | Greater than 30 upto and including 50 | 565.45 | ||
3 | Greater than 50 and all upward | 514.04 | ||
Nandpur/Panjpir Field | Fauji Kabirwala Power Company Ltd. | PKR 393.41 | ||
Uch Gas Field | Uch Power Company Limited | US$ 3.9223 | ||
Pirkoh Field | SNGPL | PKR 146.05 | ||
2. The above is being provided to you in compliance with the requirements of Clause No. (xx) of the Code of Corporate Governance, 2012.
Thanking you,
Yours sincerely,
(Ahmed Hayat Lak)
Company Secretary