Energy Update

News Line

Welcome to Energy Update

Energy Update, a magazine launched in May 2006 to cater to the burgeoning energy sector of Pakistan. This is the only trade magazine on Energy in our country, and our aim is to become a 'voice of the energy industry.

When Energy Update started out on its journey to become a publication dedicated to the energy sector in Pakistan, it set before itself the high aim of becoming the voice of the energy industry.The magazine focusing on the developments in the global energy sector, with particular interest to Pakistan, and will also be covering developments in the alternate energy, especially CNG/ NGV, of which Pakistan is the largest consumer in the world.

Industry Reels From Gas Supply Disruption in Karachi

KARACHI: A large number of industrial units in the city are faced with acute gas shortages which has crippled their production-line and threatened timely fulfillment of export commitments worth millions of dollars ahead of the peak seasons of Christmas and New Year.

Defence Ministry Nod Given for TAPI Route Aerial Survey

LAHORE: The Defence Ministry has finally accorded its approval over the route of the mega Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, paving way for the Inter State Gas Systems (ISGS) to carry out an aerial survey required ahead of launching the civil work on this mega project.

Pakistan’s Power Sector Causes $18bn Loss A Year: Report

ISLAMABAD: Estimating about $18bn annual loss to Pakistan economy due to inefficient power sector, the World Bank has warned the government against increasing power rates as a tool to address fiscal challenges in the sector.

PM Orders Inquiry As Gas Crisis Bites

ISLAMABAD: A crisis in the gas sector proliferated across the country on Wednesday as gas shortages forced industry closures across Punjab and Karachi, and even domestic consumers in many parts faced outages. Later at night, Prime Minister Imran Khan took personal notice of the situation and summoned Petroleum Minister Ghulam Sarwar, who blamed the management of two gas companies — SSGC and SNGPL

Govt, Asian Development Bank Sign Deals Worth $284m To Improve Power Transmission Network

The government on Thursday signed loan and grant agreements worth $284 million with the Asian Development Bank (ADB) in order to "improve Pakistan's power transmission network", stated a press release issued by ADB.

More Oil, Gas Terminals Being Built at Port Qasim

KARACHI: Pakistan, which heavily relies on imports, has kick-started the process of expanding infrastructure for international trade as it is developing a secondary ship navigation channel and establishing terminals for oil and gas imports at Port Qasim, Karachi.

Govt to Increase AJK’s Power Tariff by Over 100pc

ISLAMABAD: The government is expected to issue policy guidelines to the power regulator to increase electricity tariff of Azad Jammu and Kashmir (AJK) by more than 100pc and shift about Rs100 billion fiscal burden of past arrears to the federal budget.

SSGC Stops Gas Supply to CNG Sector, Captive Power Plants

KARACHI: The Sui Southern Gas Company (SSGC) announced on Tuesday that it was stopping supply of gas to the compressed natural gas (CNG) sector and captive power plants.

Call for Pakistani Oil, Gas Sector To Upgrade to EU’s Safety Regime to Safeguard Environment

Karachi, December 11: It is high time for the oil and gas sector of a developing country like Pakistan to adopt most updated, stringent, and digital safety systems and regimes as being practised by the European Union to safeguard the environment.

Refineries Not Great Investments Country Can Strive

ISLAMABAD: Prime Minister Imran Khan has made his economic ideology very clear in a recent interview on a television network. He has spoken against anti-profit and anti-investment thinking which has discouraged business activities in Pakistan. In the wake of this interview or simultaneously, the petroleum minister has also indicated that he is withdrawing his campaign against liquefied natural gas (LNG) projects.

Pakistan May Soon Clear K-Electric’s Sale

ISLAMABAD: Pakistan may soon issue national security clearance certificate to the Abraaj Group in order to allow the sale of its majority stake in K-Electric to a Chinese company, after the beleaguered multibillion-dollar fund agreed to make major concessions.

Allocation of Idle LNG Capacity to Private Sector Can Save $100m

KARACHI: Pakistan, which is considering renegotiating liquefied natural gas (LNG) import tariffs and terminal charges to make them cost-effective, can immediately cut the cost by over $100 million per annum by allocating idle import capacity to the private sector.

PPL Makes Another Discovery in Sindh

KARACHI, December 6, 2018: Pakistan Petroleum Limited (PPL) the Operator of the Block 2467-16 (Shah Bandar) EL with 63% working interest (WI) along with its Joint Venture Partners Mari Petroleum Company Limited (MPCL) with 32% WI, while Sindh Energy Holding Company Limited (SEHCL) and Government Holdings Private Limited (GHPL)

Pakistan Should Pursue Clean Energy Instead Of Relying On Coal, Report Suggests

Cash-strapped Pakistan should pursue clean energy instead of relying on coal, nuclear and hydroelectric power, according to a report released on Wednesday urging the country's policymakers to rethink plans for building more coal-fired plants.