Senate Standing Committee on Maritime Affairs, Thursday, asked the Gwadar Port Authority (GPA) to expedite work on acquisition of land for the port, as the panel was informed that PC-1 regarding land acquisition worth Rs48 billion has been sent to the prime minister for approval. The committee, chaired by Senator Rubina Khalid, was given a detailed briefing on Gwadar Port…
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Oil Companies Advisory Council (OCAC) has warned of a brewing petroleum crisis, similar to the one in June 2020, in case the government kept domestic prices frozen till the next budget as per the prime minister’s announcement. Warning the Ministry of Energy, OCAC, the umbrella organisation of oil sector companies in a letter requested the ministry to remove Price Differential…
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PAEC connects 1100MW K-3 nuclear power plant to gridISLAMABAD/KARACHI, March 04, 2022: Pakistan Atomic Energy Commission (PAEC) has connected Karachi Nuclear Power Plant Unit-3 (K-3) to the national grid. The 1100 megawatts generation capacity nuclear power plant (NPP) had achieved criticality on 21st February and was undergoing certain safety tests and procedures before it could finally be connected to the…
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The experts said this during a special meeting ‘Examining the future direction of the electricity market in Pakistan: The case of Competitive Trading Bilateral Contracts Market (CTBCM),’ held by Sustainable Development Policy Institute (SDPI). Delivering his keynote speech, Dr Fiaz Ahmad Chaudhry, Werner-Von-Siemens Chair, LUMS Energy Institute (LEI), informed the participants about the design of the CTBCM model for Pakistan…
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At least five people are believed to be injured after an explosion occurred at Engro Powergen Thar Limited’s (EPTL) coal power plant in Thar on Wednesday. In a statement, Engro said that the explosion occurred at 5pm in the coal conveyor unit of the plant’s 330MW unit 1. The company said that five people were “affected directly” without elaborating further,…
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Scientists from Pakistan and Saudi Arabia have proposed real-time dispatch strategies for automatic generation control for the optimization of wind power and energy storage in electric vehicles. In the study, the performance of the strategies has been assessed and discussed in detail. The research has been published online in the journal Renewable energy has evolved at a breakneck rate over…
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European LNG imports reached a record high in January 2022 and could go a little higher if Russian pipeline gas supply falls, or even stops completely. But the best-connected European LNG terminals are already running at high rates, and limits to cross-border pipeline gas capacity would restrict the wider benefit of higher imports into some countries, such as Spain. For LNG…
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The United States and 30 countries have agreed to release 60m barrels of oil from their strategic reserves to stabilise global energy markets, the US Department of Energy said on Tuesday, as oil prices surged to a seven-year high. The move, ahead of Joe Biden’s State of the Union address to Congress, failed to calm fears about supply disruption from…
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The Oil and Gas Regulatory Authority (OGRA) has increased the average prescribed gas prices by up to 16.37 percent for Sui Northern Gas Pipelines Limited (SNGPL) and Sui Sui Southern Gas Company Limited (SSGC) consumers. In two separate decisions on the petitions regarding the review of its estimated revenue requirement for the fiscal year 2021-22, filed by the state-owned gas…
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Today at around 5pm an explosion happened at the EPTLpower plant in the coal conveyor system of the 330MW Unit 1of the plant. Immediately the safety and emergency responseteams were activated. At this point in time our foremost priorityremains the safety of our people and we remain focused onproviding them with all necessary support. Due to the incident,05 people were…
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