The briefing highlighted that increased use of CNG in the transport sector, including long route vehicles and buses, would lead to reduction of fuel cost and subsequently transport fares could drop by about 33 per cent, benefiting the commuters. “The import of LNG by private sector will eventually benefit the whole chain in the CNG sector from the sellers to…
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ISLAMABAD: Federal Minister for Energy, Hammad Azhar said on Thursday that Pakistan was moving towards electrification of mass transit as a consequence of EV policy approved by the federal government last year in December, ARY News reported. Taking to Twitter, the federal minister Hammad Azhar said that BYD, the largest global electric bus manufacturer along with a Pakistani company will…
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In order to move in the correct direction, it is essential to formulate robust policies to tackle complicated issues. The economists formulate economic policy to deal with the financial crisis, seasoned diplomats make foreign policy to make cordial relations with other states, and specialized people in security and policing devise counter-terrorism policy to counter-terror elements. To deal with current and…
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Leading Chinese conglomerate Zonergy said it will use Pakistan as an overseas base to develop as an integrated service provider of green energy in countries and regions involved in the Belt and Road Initiative. In Pakistan, it has supplied power through an outstanding photovoltaic project, as well as created jobs and brought convenience to people’s lives over the past five…
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Ups and downs are considered a routine matter in bilateral diplomatic ties among the world nations, but it does not apply to Pakistan and China as their multi-dimensional relations always witnessed a unique strength with each passing day for the last 70 years in all weathers. The two countries are enjoying unprecedented and deep-rooted friendship and cooperation in almost all…
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Nuclear technology can play a vital role in securing sustainable supplies of clean energy in Pakistan, said Sindh Minister for Mines and Mineral Development and Public Health Engineering Mir Shabbir Ali Bijarani. He stated these remarks in a webinar on “Sustainable Development through Nuclear and Space Technologies in Pakistan” organised by Center for International Strategic Studies (CISS) here on Thursday.…
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The National Accountability Bureau (NAB), on Thursday, submitted its report before the Accountability Court regarding issuance of non-bailable arrest warrants of the two co-accused staying abroad in the liquefied natural gas (LNG) corruption case against the former prime minister, Shahid Khaqan Abbasi, and others. The Accountability Court-I judge, Muhammad Bashir, while hearing the case, adjourned hearing of the case till…
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Prime Minister Imran Khan on Friday virtually inaugurated the 1,100-megawatt Karachi Nuclear Power Plant Unit-2 (Kanupp-2) on the 70th anniversary of the establishment of diplomatic relations between Pakistan and China. “I am delighted to inaugurate this project that has been made possible with the collaboration between Pakistan and China,” the premier said while addressing a ceremony in Islamabad. “The project…
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The IEA made headlines today when it suggested that there should be no new oil and gas investments after 2021… If that were to happen – with a supply crunch already looming – the oil traders at OPC Markets would have a great time. Chart of the Week – U.S. residential energy consumption declined by 4% in 2020, despite people spending more time…
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After a delay of three months since the payments to the Independent power producers (IPPs) became due as per August 2020 MoUs, the federal cabinet on Wednesday finally accorded approval to the clearance of first installment to the IPPs. The government is due to clear these receivables till June 7, 2021. The 40 percent settlement of dues is expected to…
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