Gas and furnace oil (FO) crisis is becoming a norm in Pakistan in winters. To some extent, failure to procure adequate volume of LNG in winter was also overplayed by the media. However, if there is going to be an FO crisis, the government should be held responsible. The fear is that locally produced FO by refineries may not be…
Read MoreDay: December 27, 2021
Analysing Another Trade Deficit Crisis
When the first wave of the pandemic hit Pakistan, the economic policymakers were worried about the contraction in economic activities and uncertainties accompanying the closures and lockdowns announced by the government. Various incentives were provided to different sectors in order to ensure that the impact of the Covid-19 shock was minimised. Economic indicators turned favourable after the initial shock. The…
Read MoreHeating Price Disparities
As winters go deep, the all-so-familiar natural gas crisis goes deeper. People are struggling to meet the heating requirements across the country. The national pipeline network serves no less than 12 million households. Save for two to three months of trouble, where some may have to rush for alternate arrangements to piped gas – natural gas to these 12 million…
Read MoreRenewable Energy
The recently announced World Economic Forum’s Energy Transition Index 2021 has ranked Denmark, Finland and the United Kingdom among the top 10 countries that are well on their way to transition from fossil-based energy mix of oil, natural gas and coal to renewable energy sources like wind, biogas, biomass, solar and renewable battery technology. The 50 top-ranking nations in this…
Read MoreEU to Provide 250m Euros for Elean Energy Initiative: PM’s aide
Special Assistant to the Prime Minister on Climate Change Malik Amin Aslam said the European Union (EU) had agreed to provide 250 million euros to Pakistan for assisting its clean energy transition and nature-based ecosystem solution project. Speaking at the inaugural ceremony of a solar-based water filtration plant and later addressing a public meeting in Manoonnagar area of Hassanabdal, Mr…
Read MorePakistan–Russia Gas Stream: Opportunities and Risks of New Flagship Energy Project
Russia’s Yekaterinburg hosted the 7th meeting of the Russian-Pakistani Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation on November 24–26, 2021. Chaired by Omar Ayub Khan, Pakistan’s Minister for Economic Affairs, and Nikolai Shulginov, Russia’s Minister of Energy, the meeting was attended by around 70 policy makers, heads of key industrial companies and businessmen from both sides, marking a significant…
Read MoreEnergy Security
Pakistan is energy insecure. Our national security and our energy security are linked – deeply linked. To be certain, energy security continues to be the most neglected dimension of our national security. For the record, the energy sector will make or break Pakistan’s economy. For the record, the energy sector’s management, particularly the sector’s exploding circular debt, will make or…
Read MoreClimate change impacting health of women agriculture workers, says study
It was the key finding of a study, titled ‘Impact of Rising Temperature on the Health of Women Farm Workers’, recently conducted by the Sindh Community Foundation, a rights-based organisation. The study discusses initial evidence of the impact of climate change on human health, specifically women cotton pickers. According to the study, deforestation is one of the leading factors causing…
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