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Month: September 2021

Why Bangladesh should seek an observer seat on the Arctic Council

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The Arctic Council is a high-level intergovernmental forum comprising the eight circumpolar Arctic states: Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden, and the United States. The council was founded in 1996 through the Ottawa Declaration, its purpose set to enhance regional cooperation on protecting the Arctic environment and promoting sustainable development of the region. The structure of the council allows…

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Regaining Chinese confidence top job: SAPM CPEC

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“According to my personal sources, the Chinese are not happy with the current progress of CPEC projects as they have approached me to help remove the bottlenecks,” Chairman of the committee Saleem Mandviwala said. The chair asked Special Assistant to Prime Minister on CPEC Affairs Khalid Mansoor to take the responsibility of early completion of under construction projects and removing…

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Third LNG terminal to end Karachi industry’s gas woes: SSGC

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Gas shortages for industries, especially in winters, will end after installation of third liquefied natural gas (LNG) terminal at the Port Qasim in a year or two, said Sui Southern Gas Company Ltd (SSGCL) managing director Imran Maniar. Speaking with businessmen at the Karachi Chamber of Commerce and Industry (KCCI) on Thursday, Mr Maniar admitted that there were difficulties and…

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18th Annual Environment Conference and Excellence Awards’

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Pakistan’s position on the world ranking of countries having most mangrove trees in their coastal zones will further improve in the coming months owing to the aggressive plantation campaign by the Sindh government’s Forest Department. “Pakistan at present stands at the seventh position on the world ranking of mangrove forests as in the next two to three months our standing…

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ANALYSIS: Pakistan may import fuel oil after years as LNG prices on fire

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The country’s fuel oil consumption declined substantially in the last five years following a push by the government to shut power plants running on fuel oil. The commodity has been costlier compared with electricity produced using LNG and coal, draining foreign exchange reserves and boosting the cost of electricity. Fuel oil consumption in the fiscal year ended June 30, 2017,…

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Gas price risk rising for emerging Asian markets, threatens expansion plans

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markets that investment in gas importing, distribution and power production assets will lead to stranded assets and lost wealth, according to analysis from IEEFA. IEEFA warned in January 2021 that over US$50 billion in gas power projects and liquefied natural gas (LNG) import facilities were at risk of cancellation in Bangladesh, Pakistan and Vietnam, as gas-fired electricity became unaffordable in…

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Tharis suffer as coal rush causes water, land insecurity

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Thar dwellers are facing hardship because of the adverse impacts of mega coal projects in the region, dealing with enforced shifts in land use, livelihood, and socio-ecological patterns, a study showed on Wednesday. The research study was conducted by Rural Development Policy Institute (RDPI) and launched by Alliance for Climate Justice and Clean Energy (ACJCE), a civil society group endeavoring…

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