A planned 1100-kilometre pipeline is intended to transport imported regasified natural gas from a liquefied natural gas terminal in Port Qasim near Karachi to Kasur in Punjab province. The new protocol introduces recent changes to the project, agreed by the two countries, to reduce Russia’s controlling stake in the project to 26% and pass operatorship into local hands. The Russian…
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Chinese oil and gas enterprises have set up an alliance on methane emission control amid China’s efforts to meet its 2060 carbon-neutral target. The alliance was jointly initiated by PetroChina, Sinopec and CNOOC, with the National Pipeline Network, Beijing Gas, China Resources Gas, and ENN Energy as its founding members. The alliance will focus on promoting technology and experience exchange…
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After the establishment of KANUPP, in 1972 its first nuclear power plant in Karachi produced 137mw of energy – the use of nuclear power in Pakistan has seen a sharp escalation in recent times. Pakistan presently being an energy-hungry economy with outstanding industrial growth potential continues to invest in renewable nuclear power technology. Pakistan embraced a National Energy Security Plan,…
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China continues to block Australian coal and is diversifying its import sources (long haul countries) which will support coal shipping demand in 2021.Amid the China-Australia trade dispute, China has significantly increased its imports from the US, Canada, Colombia, Russia and South Africa, boosting tonne-mile demand. We expect shipping demand arising from Chinese imports to expand further despite a forecast 6.6%…
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More than one in three heat-related deaths worldwide can be attributed to anthropogenic climate change, according to a paper published in Nature Climate Change. In an analysis of almost 30 million deaths in 43 countries, with data from 1991 to 2018, the study found that 37% of the deaths on average were the result of human-induced global warming, with the…
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n a site steeped in history a few hundred meters from the Reichstag in central Berlin, an office building is rapidly taking shape that handily symbolizes how climate protection has come to dominate the political narrative ahead of September’s election. The modular Luisenblock West, which will provide working space for Germany’s Bundestag, or lower house of parliament, is mostly wooden…
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KARACHI: The Oil and Gas Regulatory Authority (OGRA) has awarded a gas marketing licence to Shell Energy Pakistan (Pvt) Limited, a statement said on Monday. Shell Energy Pakistan has been incorporated to carry out downstream gas marketing activities in Pakistan, it added. It aims at aggregating the demand from customers and secure competitive international supply to meet such demand. After…
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Pakistan, despite being the least contributor to global greenhouse gases emissions has been bearing the burden of erratic natural disasters and environmental degradation whereas its initiative to host World Environment Day was its recognition as international leader in nature based solution and eco-system restoration initiative. The country has been persistently among the top 10 countries facing adverse impacts of climate…
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The Oil Companies Advisory Company (OCAC) has warned that congestion at Karachi ports may disrupt the entire energy supply chain. Sources revealed that the OCAC had cautioned of disruption in oil supply due to the issue of ports (KPT and FOTCO Jetty at PQA) congestion due to unavailability of Oil Pier-1 (OP-1) at Keamari Terminal in Karachi. The oil industry…
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Import of power generating machines hit $1.4 billion in the first ten months of the ongoing fiscal year (10MFY21) from $971 million in the same period last year. However, market players contest this whopping import bill figure, attributing it to bulk import of generators for housing and government-related projects instead of household consumption. They said increasing demand of solar power…
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