July 13 2008
India: Demand-supply gap of oil, gas to widen further
Supply constraints, a sharp rise in demand and record high prices are likely to result in a wider-than-projected gap between demand and availability of oil and gas in the current Five-Year Plan (2007-2012).
"That gap has been widening and will continue to widen," said RS Sharma, chairman and managing director of Oil and Natural Gas Corporation (ONGC), the country's largest producer of oil and gas.
India: Petrol, diesel shortage hit Chhattisgarh
Chhattisgarh is facing an acute shortage of petrol and diesel since Saturday, which has led to chaotic scenes at retail outlets Sunday. Long queues of vehicles are seen at petrol pumps in Raipur and several other parts of the state with rumours doing the rounds that the situation would turn worse in the coming days.
India: 'Hydel power is only way to resolve energy crisis'
Uttarakhand chief minister B C Khanduri has reiterated that the state would continue to pursue hydro-power projects, in order to fulfill its energy requirements. The state government had recently suspended two of its hydel power projects — at Bhaironghati as well as Pala-Maneri, after environmentalist G D Agarwal went on a fast to protest against the damming of upper reaches of the Ganga.
However, Khanduri maintains that tapping the state's significant hydro power reserves is the only way to resolve the growing energy crisis in the state. In an exclusive interaction with STOI , he said that hydro-power would remain the mainstay of Uttarakhand's power generation plan.
Pakistan: OMCs warn government of diesel shortage
The Oil and Marketing Companies (OMCs) have warned the government that country would be facing acute diesel shortage because of their inability of future investments and the looming danger of closing down operations after their profit margin is frozen, sources in petroleum ministry told Daily Times Saturday.
The ministry has prepared a summary to freeze the profit margin of OMCs that is applied from July 1 along with the reduction of deemed duty from 10 percent to 5 percent for Oil refineries.
Pakistan: Power cuts continue
Despite the availability of power supply from the Karachi Nuclear Power Plant (KANUPP) after a gap of almost 18 days the city has still been facing a shortage of power supply causing recurring spells of hours-long power load-shedding.
Paraguay: Paraguay: Oil Shortage Limits Public Transport
Public transportation service in Paraguay is still limited today by the shortage of gas oil due to logistic problems.
To save fuel and avoid suspending the service, companies of this sector decided to implement an emergency plan that includes functioning of only 20 percent of its buses.
Paraguay: Se redujo se servicio de transporte público en la ciudad
Public service passenger traffic was reduced considerably this Sunday in Asuncion, according to radio reports in the Paraguayan capital. The reduction in service was scheduled by the various transport companies facing shortages of fuel, reported the spokesmen for the Center for Employers of passenger transport in the metropolitan area.
Paraguay: Aseguran que Petropar recibirá gasoil la madrugada de este lunes
Prompted by the severe shortage of diesel fuel that is critical for the country, the president of Petropar, Alejandro Takahasi, outlined today the provision of fuel for the next few days. The official said that this Monday morning "a significant fuel load," which will help alleviate the shortage of supply of this vital fuel, will reach the country.
Uganda: Diesel shortage looming
UGANDA may experience another diesel shortage, the Government and dealers have warned.
Daniel Segal, the Kobil general manager, said the shortage was due to inability of the pipeline to pump oil at a faster rate from Mombasa to Kisumu and Eldoret.
