RFO

Power generation through RFO in Jun-19 dropped by 40%YoY (down by 468Gwh) to 695Gwh, owing to lower generation from GENCO III, Nishat Power, Narowal, Hub Plant, Attock Gen, Pakgen and KAPCO Block II (cumulatively down by 412Gwh) while generation from smaller IPPs was down by 56Gwh.

Of the P20.737 million, P7.515 million was received by RFO VI from DBM and the unliquidated fund pertained to the transfer of money to Aklan State University which requested for extension of fund utilization.

Recent developments surrounding the procurement, storage and refining of RFO has tangled mid-stream petroleum dynamics.

As part of such efforts, the RFO said that ban had been imposed on the illegal hunting in all the districts.The committees comprising local people had been constituted to keep an eye on illegal hunters and violations of laws, he added.

Aside from these, COA also recommended that RFO XI to employ effective monitoring mechanisms to determine if the project was distributed to the intended recipients, while RFO IV-A was instructed to closely monitor the distribution of technical support services and submit the required documents.

Because of higher international oil prices and currency loss, the fuel cost of both RFO and LNG based plants went up by almost 50 paisa and 30 paisa per unit respectively.

RFO's Randy O'Neil, Principal, will join Hub Transportation, and report to Dennis Templeton, Central Regional executive vice president, Hub Transportation.

Compared with common vegetable oils available in the market, such as corn and soybean oils, RFO is more expensive by 10-15 times.

Rest was generated mainly by thermal plants using gas, residual furnace oil (RFO) and high sulpher diesel (HSD) as fuel.