CAIRO: Egypt will begin importing natural gas from Israel by mid-January 2020, Israeli Energy Minister Yuval Steinitz told Israel Radio on Sunday. “(The exports) will begin in the middle of next month and perhaps even earlier,” he said. Israeli gas exports to Egypt will gradually reach 7 billion cubic metres, a senior industry source, who earlier in the day disclosed a mid-January…
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KARACHI: The closure of CNG stations for a longer duration has proved to be a great burden on the pockets of consumers as rickshaw and taxi drivers are demanding exorbitant fares while peak factor on ride-hailing services has remained a constant irritant owing to lack of public transport. The current week also saw a huge rush of people at bus…
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LAHORE: With a sudden drop in temperature across the country, the ongoing gas crisis deepened on Sunday as the total shortfall surged to 600 million metric cubic feet a day (MMCFD) that may compel the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) to curtail the supply to sectors other than domestic consumers. The shortfall has…
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The first part of this article, published on Dec 9, highlighted how China is dominating the global production of lithium ion batteries (LIBs) and how Pakistan stands to learn from its experience. Globally, electric vehicles (EVs) have been the main drivers of investment in LIB production. LIBs constitute 40-50 per cent of the cost of an EV. Over 80pc of the future…
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KARACHI: Ignoring public safety concerns and environment, the Sindh Environmental Protection Agency (Sepa) recently allowed M/s Pakistan International Bulk Terminal (PIBT) Limited to build a liquefied petroleum gas (LPG) terminal project at its existing facility.The approval to the project which involves transfer of LPG from carrier vessels to the pipelines that would carry it to the customer storage facility has…
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As winters grip the country, the gas crisis in Sindh has worsened, with CNG stations facing 90-hour load-shedding, leaving the public transport unavailable on the roads. As per details, the gas crisis in Sindh has turned pretty severe, with CNG stations closed from 2pm on Tuesday afternoon due to reduced gas pressure in the Sui Southern Gas Company’s (SSGC) system,…
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The closure does not affect five zero-rated sectors in the province, says SNGPL spokesperson. — Dawn/File LAHORE: The Sui Northern Gas Pipelines Ltd (SNGPL) on Thursday halted gas supply to general industry — fertiliser, manufacturing and compressed natural gas sectors — to meet energy needs of around six million domestic consumers in Punjab. “In the wake of increasing gas consumption…
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Pakistan is aiming to set up a carbon emission market and partner itself with China, the world’s biggest polluter. “We are looking at a credit-based market initially, which means you can offset in Pakistan and you can sell to bilateral countries,” said Malik Amin Aslam, quoted Bloomberg. The advisor informed the establishment of market would allow Pakistan expand their global trade…
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The circulation debt of energy sector has reached Rs1,665 billion, the Ministry of Energy officials told the Public Accounts Committee (PAC) sub-committee on Wednesday. The energy officials said that they had prepared plans to upgrade the transmission and distribution system including the reduction in circulation debt. The plan has been approved by the Asian Bank and the World Bank, while…
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THE news that the regulator has asked for another massive increase in the price of gas, which might be as high as 221pc for some categories of consumers, has sent a shockwave through the business community. Those who rely on gas as a primary fuel, whether for boilers or captive power plants, could see their energy cost rise at a time when…
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