ork is in full swing on an emergency basis for the rehabilitation of the power sector and to cope with the current situation being faced by the sector. The LNG supply will not only improve the power supply in the country but also help the government overcome the power crisis. Federal Minister for Energy (Power Division) Khurram Dastgir said this…
Read MoreMonth: May 2022
NEPRA Holds Awareness Session On Workplace Stress Management
As part of its “Power with Safety” drive, National Electric Power Regulatory Authority (NEPRA) on Friday organized a webinar on “Workplace Stress Management” in collaboration with Lahore University of Management Sciences (LUMS) and K-Electric. Jawad Syed, Professor of LUMS and Muhammad Taimoor Khan, head of HSE, K-Electric shared their ideas and skills to control stress, said a press release. Chairman…
Read MoreKey appointments: NTDC BoD seems to be in intriguing hurriedness
With the change of Secretary Power Division and posting out of an Additional Secretary, the Board of Directors (BoD) of National Transmission & Dispatch Company (NTDC) seems to be in an intriguing hurriedness to announce key appointments of two deputy managing directors (DMDs) and rushing them for assumption of charge, said sources. According to the sources, the selection process for…
Read MoreChina Gobbles Up Any Spare Oil Barrels To Boost Inventories
China added 2 million bpd to its crude oil inventories last month, Reuters’ Clyde Russell reported today, citing calculations based on official data. This means the world’s largest oil importer was buying more from abroad, although Russell noted that these purchases were most likely made months earlier, before Russia’s invasion of Ukraine in late February. Imports of crude in China averaged 10.47…
Read MoreRussian Oil Revenues Soar Despite Sanctions
With the EIA reporting an almost 5-million-barrel stock draw in gasoline over the week ending May 13, with inventories dropping to levels last seen in December and completely ignoring the seasonal build-up trend, gasoline has become the talk of the US market. This week brought a long-anticipated breakthrough as even the last states to see gasoline prices below $4 per…
Read MoreOGDCL And District Administration Pirkoh Jointly Initiates Csr Emergency Response Against Cholera Outbreak In The Area.
Cholera outbreaks in Pirkoh due to shortage and use of contaminated water in the area. Local administration of Pirkoh declared emergency in the area on 12th May 2022 and requested OGDCL for assistance against Cholera. OGDCL and District Administration jointly announced and launched CSR Emergency response package for the people of Pirkoh area, which is the operational district of OGDCL.…
Read MoreChina in Talks With Russia to Buy Oil for Strategic Reserves
China is seeking to replenish its strategic crude stockpiles with cheap Russian oil, a sign Beijing is strengthening its energy ties with Moscow just as Europe works toward banning imports due to the war in Ukraine. Beijing is in discussions with Moscow to buy additional supplies, according to people with knowledge of the plan who asked not to be named…
Read MoreFuel Shortage, Technical Faults
National Power Control Centre (NPCC) – the System Operator (SO) and an arm of National Transmission and Despatch Company (NTDC) – has confirmed officially that about 5,000 MW power is out from the system due to fuel shortage and technical faults, which implies 10-hour loadshedding across the country. However, the government has unleashed 10-15 hours in rural and 6-8 hours…
Read MoreGauss Auto to establish an EV plant in Karachi
The ‘Gauss Auto Group,’ a Chinese corporation, has announced plans to build an electric vehicle (EV) plant in Pakistan’s special economic zone near Port Qasim in Karachi. The company would enter into a joint venture (JV) with AKD Group Holdings (Pvt) limited, and export their locally produced EVs from Pakistan to other countries. The plant would span roughly 1,000 acres.…
Read MoreSHC suspends NEPRA’s winter package decision on KE appeal
Sindh High Court on Thursday suspended the National Electric Power Regulatory Authority (NEPRA) decisions with regard to federal government’s winter incentive package for electricity consumers on incremental consumption of K-Electric. The interim order came on KE petition against Nepra decisions on incremental consumers of KE and the power utility’s subsequent appeal. Nepra in its January 11 decision allowed KE to…
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