Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares. The Port of Los Angeles, which saw its volumes dip because of a June Covid outbreak at the Yantian port in China, is bracing for another…
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Russian LNG market projects are seeking new long term markets with additional LNG Russia’s market share in Europe is expected to remain above 30% (~6.1 TCF Gas sales), rising close to 40% by 2040, as domestic European gas production and supplies from Norway dwindle. (also Russia exporting Gas to China 58 BCF (2 TCF) via pipeline and around 4 MTPA…
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The government has decided to start negotiations for importing 70 to 100 megawatt Iranian electricity to power up Gwadar Port, officials said on Thursday. A decision to this effect was taken during a session of Cabinet Committee on China Pakistan Economic Corridor (CCoCPEC), which met under the chairmanship of Federal Minister for Planning, Development, and Special Initiatives Asad Umar. Different…
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The nation will celebrate Independence Day today with renewed resolve to work with the spirit of Pakistan Movement to make the country a true Islamic welfare state. The day will dawn with thirty-one gun salutes in the Federal Capital and twenty-one gun salutes in the provincial headquarters. Prayers will be offered for security and progress of Pakistan and well-being of…
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In light of the directives from National Command and Operation Centre (NCOC), the Sui Northern Gas has launched its mobile vaccination campaign. During the campaign, more than 9,000 people have been vaccinated so far. It is pertinent to mention that Prime Minister of Pakistan formally approved the national vaccination campaign on May 31 following which NCOC requested State Owned Enterprises…
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Federal Minister for Science and Technology, Senator Shibli Faraz Thursday said that Clean and Green Pakistan campaign of Prime Minister Imran Khan would help bring positive change to the climate. “The effects of climate change are affecting the whole world”, Shibli Faraz said while launching a tree plantation campaign in the premises of his ministry by planting a sapling. The…
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Chairman of the Parliamentary Committee on Kashmir Shehryar Khan Afridi Thursday urged youth to become flag bearers of Clean Green Pakistan drive. Addressing the students and youth at the Clean Green Pakistan movement launched by Prime Minister Imran Khan by Air University here at Pir Sohawa, Shehryar Afridi urged youth to actively participate in the Clean Green Pakistan Movement launched…
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Pakistan has maintained its record making and breaking spree in the broader economy as it reported all-time high power generation and transmission of 24,467 megawatts (MWs) in a single day on Wednesday. The feat was achieved by partly utilising the surplus generation capacity which has remained a huge cause of expensive power for end-consumers in the country. The required increase…
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Pakistan on Thursday appreciated the United States for greatly enhancing capacity of renewable energy projects by approximately 50% through its Sustainable Energy for Pakistan (SEP) project. The statement comes after Pakistani officials and representatives from the US government celebrated the conclusion of the four-year Sustainable Energy for Pakistan (SEP) project, an official statement said on Thursday. Through the SEP project, the US…
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The federal government has inflicted a loss of billions of rupees to the nation in the LNG sector ever since it came to power in 2018 but continues to deny that. In the first two and a half years, it gathered losses to the tune of Rs122 billion, and so far in 2021 has inflicted a financial damage of Rs35…
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