Is natural gas the MENA region’s ‘new oil’ following recent UAE discoveries?

The United Arab Emirates is continuing to diversify its economy & energy resources away from oil, by investing in natural gas and renewables. The country has ambitions to become self-sufficient in gas supply by 2030. Earlier this year, a natural gas reservoir found between the emirates of Abu Dhabi and Dubai became the world’s largest discovery of its kind in…

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U.S. Public Facing Huge Bill to Clean Up After Oil and Gas Industry

Oil and Gas Development Company Limited (OGDCL) has carried out 3,407 L-KMs 2D and 1,324 Sq. KMs 3D seismic surveys in its various operational areas during the last fiscal year aimed at expediting hydrocarbon exploration activities and making the country self-reliant in the energy sector. “Moreover, around 5,582 Line Kilometers (L-KMs) of 2D and 4,977 Square Kilometers (Sq. KMS) of…

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Undertaking power sector reforms

The government has taken two major steps with remarkable degree of success – report on independent power producers (IPPs) and the follow-up agreement which will reduce power generation costs by a whopping Rs1 trillion over the next 10 to 20 years, provided all generation companies including government and CPEC ones are included. If implemented finally, it would be a major…

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NAB committed to ‘accountability of all’

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(NAB) was established in 1999 as Pakistan’s apex anti-corruption organisation which operates under National Accountability Ordinance-1999 which is extended to whole of Pakistan including Fata and Gilgit-Baltistan. NAB has its Headquarter in Islamabad and it has eight regional offices located at Rawalpindi/Islamabad, Lahore, Multan, Sukkur, Quetta, Peshawar, Karachi and Gilgit Baltistan. NAB under the present leadership of honourable Mr. Justice…

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OGDCL Carries Out 3,407 L-KMs 2D, 1,324 Sq. KMs 3D Surveys

ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 4th Oct, 2020 ) :Oil and Gas Development Company Limited (OGDCL) has carried out 3,407 L-KMs 2D and 1,324 Sq. KMs 3D seismic surveys in its various operational areas during the last fiscal year aimed at expediting hydrocarbon exploration activities and making the country self-reliant in the energy sector. “Moreover, around…

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Pakistan’s Resources

The world bank has shown that Pakistan is improving in the energy sector by approving 450m to support the country. As we know in Pakistan ,many resources could be used to benefit her;such as gold,natural gas, desial etc… The indicative generation capacity expansion plan 2047 which was prepared by NTDC to focus on coal, ignore the power technology and that…

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