Talks at the technical level between Pakistani authorities and the International Monetary (IMF) reportedly remained inconclusive on the pace of power sector reforms with the latter reportedly expressing concern over non-implementation of the tariff agreed during the second to fifth review talks held in February 2021. Technical level talks were to conclude on Friday and policy level talks are scheduled…
Read More
he Sui Southern Gas Company Ltd (SSGCL) had suspend gas supplies to all the CNG stations and industries across Sindh and Balochistan for 72 hours due to a technical fault. However, domestic and commercial customers had faced no interruption in gas supplies, the sources told. SSGC suffered interruptions of RLNG supplies as the terminal faced difficulties to berth vessel. SSGCL…
Read More
Nearly five years ago while in Kolkata, I interviewed Sanjay Kar Chowdury, a manager at the Calcutta Electric Supply Corporation. When I asked him about the importance of coal to the Indian electric grid, he did not hesitate. Coal, he told me, “is a lifeline. It is a lifeline of all the thermal power stations. Without coal, you cannot survive…It’s…
Read More
delegation from China Petroleum Pipeline Engineering Company (CPP) and China Zhenhua Import and Export Company called on Pakistan’s Ambassador to China Moin ul Haque at the Embassy on Friday. Led by Qi Huang, General Manager of CPP, and comprising senior executives from China Zhenhua, the delegation discussed their plan to invest in the development of oil and gas sector of…
Read More
In a major step towards private-to-private LNG business in the country, the Cabinet Committee on Energy (CCoE) met on Friday with Federal Minister for Planning and Special Initiatives Asad Umar and accorded approval to the pipeline capacity of 500-600mmcfd for both new LNG terminal developers — Energas and Tabeer Energy. Under the decision, new LNG terminal developers Tabeer Energy has…
Read More
The Pakistan Electric Power Company (Pepco) has been revised under a legal arrangement of being a “Managing Agent”. The role of Pepco, briefly speaking, is to monitor and coordinate the operations of DISCOs. There is a mixed reaction to the revival of Pepco. I am in favour of Pepco’s revival and have been writing about it. We will explain the…
Read More
The Cabinet Committee on Energy (CCoE) on Friday approved allocation of pipeline capacity to two new LNG terminal developers to facilitate their investment in the additional gas infrastructure and once again decided to dissolve Pakistan Electric Power Company (Pepco).The company was disbanded twice in the past. A meeting of the CCoE, presided over by Planning and Development Minister Asad Umar,…
Read More
The business community has lambasted the Sui Southern Gas Company (SSGC) for shutting down gas supply for 72 hours to the industrial sector. Businessmen Group (BMG) chairman Zubair Motiwala in a statement on Friday asked the SSGC to immediately restore supply to industries as gas suspension would terribly affect production and it would become difficult to fulfil their commitments. Mr…
Read More
This publication is an authentic source of data and information and a must read for all the stakeholders according to their needs, interest and comprehension. SOI has reported 140 major cases and determinations indicating that Nepra has been quite busy during the outgoing year. SOI highlights a lot of issues which may not mean that it agrees and wants to…
Read More
October 6: Federal Minister for Economic Affairs Omar Ayub Khan said on Tuesday afternoon that Pakistan would be a regional hub for transit trade and investment opportunities in the near future thanks to CPEC. In a meeting here with The Kazakhstan Ambassador Yerzhan Kistafin at his office, Khan highlighted that there was huge potential for enhancing bilateral trade and investment…
Read More
