This increase in petrol price was based on the calculations of international price of petrol ie free on board (FOB) basis. Price of petrol might jump if the exchange rate was adjusted in the next review, sources in the oil sector added.
Read MoreDay: February 14, 2023
Govt cuts LNG prices up to 4.3pc for Feb 2023
Amid soft global wholesale gas prices, Pakistan’s Oil and Gas Regulatory Authority (Ogra) has cut the average sale price of Re-gasified liquefied natural gas (RLNG) by up to 4.3 percent for February 2023. The RLNG price for the Sui Northern Gas Pipeline Limited (SNGPL) consumers was reduced by 4.3 percent or $0.614/mmBtu, while for Sui Southern Gas Company (SSGC) clients,…
Read MoreDirector General , International Atomic Energy Agency (IAEA) Visit to Pakistan
Mr. Rafael Mariano Grossi, Director General, International Atomic Energy Agency (IAEA) will visit Pakistan from 15 – 16 February 2023. During his two-day visit, DG IAEA will hold high level meetings and undertake visits to different institutions employing nuclear technology in the fields of health, agriculture, industry and power generation . The visit will provide an opportunity to Pakistan and…
Read MoreOGRA Notifies Decline In LNG Prices
The Oil and Gas Regulatory Authority (OGRA) has notified a reduction in prices of liquefied natural gas (LNG) for consumers of two public gas utilities – Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) – for February 2023, ARY News reported on Monday. According to details, the LNG price for SNGPL consumers has been reduced by…
Read MoreK-Electric files Rs484bn investment plan for FY 2024-2030 with NEPRA
The company has filed an investment plan FY 2024-2030 for transmission and distribution segments with the National Electric Power Regulatory Authority (NEPRA), with an aim to further improve network reliability. The plan should enhance the KE’s aim of smooth and reliable supply of power, while accelerating Karachi’s development, progress, and sustainability, the statement said. The new plan envisaging Rs484 billion…
Read More21st World Wind Energy Conference and Exhibition WWEC2023 “Symphony of the Renewables
Abstracts are invited on the following main topics:Wind Technology Advancement: Turbine Technology, Wind Farm Siting and Operation, Wind Resource AssessmentRenewables Integration and Storage Systems: Innovative Grids, Sector Coupling, Hydropower, Battery and Other Storage Options, HydrogenRenewable Energies and Communities: Community Ownership, Community Engagement and Benefit SharingRenewable Energy in Practice: Management, Business Models, FinanceRenewable Energy Policies on Local, State, National, International LevelRenewable…
Read MoreWELTEC BIOPOWER and GTS extend service partnership for UK and Ireland Biological service for WELTEC Biogas Plants comes from Vechta, Germany
WELTEC BIOPOWER has extended the successful cooperation with its service partner, Gordons Technical Service Ltd (GTS) from Northern Ireland, until the end of 2026. The German biogas plant manufacturer‘s cooperation with GTS has been in place since 2017 and applies to WELTEC customers from Great Britain and the Republic of Ireland. Both companies have many years of experience in the…
Read MoreSIBUR secures international verification of certified emission reductions (CERs) earned by its climate project at ZapSibNeftekhim
SIBUR has secured international verification of a climate project completed at ZapSibNeftekhim, Russia’s largest petrochemical facility.MOSCOW, RUSSIA – Media OutReach – 14 February 2023 – Verico SCE, Europe’s leading validation and verification body, has confirmed that SIBUR’s climate project meets ISO 14064-2:2019. This helped SIBUR earn certified emission reductions (CERs) totalling some 3 million tonnes of CO2-eq. by 2022. Under…
Read MorePakistan plans to quadruple domestic coal-fired power, move away from gas
Pakistan plans to quadruple its domestic coal-fired capacity to reduce power generation costs and will not build new gas-fired plants in the coming years, its energy minister told Reuters on Monday, as it seeks to ease a crippling foreign-exchange crisis. A shortage of natural gas, which accounts for over a third of the country’s power output, plunged large areas into…
Read More