About one third of the world’s agricultural land is at high risk from pesticide pollution, a new study has found. The research, published in Nature Geoscience Monday, looked at the use and spread of 92 active pesticide ingredients in 168 countries. They considered an area at risk if the concentration of a chemical exceeded the limit at which it would have no effect, and at high risk if…
Read MoreMonth: March 2021
ADB Approves $300 Million Loan for Hydropower Plant to Boost Clean Energy in Pakistan
MANILA, PHILIPPINES (30 March 2021) — The Asian Development Bank (ADB) has approved a $300 million loan to finance the construction of a 300-megawatt hydropower plant that will increase the share of clean energy in Pakistan and improve the country’s energy security. The plant will add 1,143 gigawatt-hours of clean energy annually to the country’s energy mix, enhancing the energy…
Read MoreTabish Gauhar becomes SAPM on Power & Petroleum amid Nadeem Babar removal
“The Prime Minister has been pleased to re-designate, Mr. Tabish Gauhar, Special Assistant to the Prime Minister on Power as Special Assistant to the Prime Minister on Power and Petroleum, on honorary basis, with immediate effect.” The Cabinet Division on Tuesday has issued the notification to de-notify the appointment of Nadeem Babar as Special Assistant to the Prime Minister on…
Read MoreHow innovation and carbon are shaping future LNG supply
The spot LNG price rose to $6.80 per million British thermal units (mmBtu) in the week ended March 26, up from $6.50 the prior week and the highest in a month. LNG futures in New York did even better, ending at $6.93 per mmBtu on March 26, up 7.9% from the last price a week earlier. In some ways it’s…
Read MoreColumn: Suez blockage boosts Asia LNG price, but it probably shouldn’t
LAUNCESTON, Australia (Reuters) – The price of spot liquefied natural gas (LNG) in Asia has moved higher amid the blockage of the Suez Canal, but it’s doubtful it needs to as the delays to shipping to the region will likely only have a marginal impact on supply. The spot LNG price rose to $6.80 per million British thermal units (mmBtu)…
Read MoreAmerican LNG Can Be Biden’s ‘Sharpest Diplomatic Tool’
American natural gas is the sharpest diplomatic tool the Biden administration can wield in energy-related foreign policy and international trade negotiations. As newly confirmed energy secretary Jennifer Granholm has made clear, liquefied natural gas exports “play an important role” in helping countries grow their economies and reduce greenhouse gas emissions. Nations around the globe are scaling up decarbonization efforts and need…
Read MoreLNG imports push Australia’s projected gas supply gap out to 2026
MELBOURNE, March 29 (Reuters) – Plans by billionaire Andrew Forrest to have a liquefied natural gas (LNG) terminal ready by 2022 means Australia won’t suffer a supply shortfall until 2026, two years later than previously forecast, the energy market operator said on Monday. “This development comes at a critical time, as existing Victorian production is declining faster than previously projected,”…
Read MorePak-Denmark energy working group forms to develop TORs for GtG agreements
Islamabad, March 29,2021 : Federal Minister for Energy Mr. Omar Ayub Khan chaired a meeting with Danish technical energy team along with Her Excellency Ms. Lis Rosenholm, Ambassador of Denmark to Pakistan at Power Division this noon. Mr. Tabish Gauhar, Special Assistant to Prime Minister on Power and Mr. Zafar Ali Bhutta, Secretary Power Division also joined the meeting. During…
Read MoreThe electric vs hybrid conundrum
The debate over the new auto policy, which will determine the government’s plans about which route — electric or hybrid — it intends to take for developing the automotive industry and reducing carbon emissions and fuel imports from now onwards, is getting a bit intense. The government has already approved and announced its electric vehicle (EV) policy for the next…
Read MoreTariff hike: some caveats and reform proposals
The government has announced plans to increase power tariff by Rs5.65 per unit, an estimated 40% increase. Gas utilities have asked for similar or even higher increase in their tariffs. In this space, we will examine the non-tariff options to deal with problems of rising cost and circular debt, which has forced the government to propose the increase in power…
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