ISLAMABAD: State-run Pakistan LNG Ltd (PLL) on Monday awarded a contract to OQ Trading —an Oman subsidy — to deliver an LNG cargo in the second week of January at a post-bidding negotiated price of $17.95 per million British thermal unit (mmBtu) to minimise peak winter gas shortage. Earlier, the PLL had received four international bids against its urgent tender.…
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Peter Rae resigns after eight years as President Irfan Mirza elected as new WWEA President Bonn, 27 November 2023 (WWEA) – After heading the World Wind Energy Association for eight years, Peter Rae announced on the occasion of the WWEC2023 in Hobart his resignation as WWEA President. The WWEA Board elected unanimously Dr. Irfan Mirza as new WWEA President. Dr.…
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Karachi, November 27, 2023 – 6th Karachi International Water Conference spread over two days, organized by Hisaar Foundation in association and collaboration with Infra Zamin and other partners opened successfully here, earlier today. Attended by a large number of people from different walks of life, it proved to be a significant forum addressing critical issues surrounding water crises and climate…
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ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Sunday embarked on a bilateral visit to the United Arab Emirates. During the visit on Nov 26-28, the prime minister will meet the President of the UAE Sheikh Mohamed bin Zayed, the PM Office Media Wing said in a press release. “This engagement will provide an opportunity to advance bilateral ties in all…
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LAHORE: Chairman Oil Marketing Association of Pakistan (OMAP) Tariq Wazir Ali on Sunday appealed to the Ministry of Petroleum and Oil and Gas Regulatory Authority (OGRA) to reconsider the proposed option of shifting from fortnightly to weekly fuel price adjustments. In a statement issued here, Tariq Wazir Ali said that OMAP believes that such a move will have severe and…
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ISLAMABAD: The caretaker government is said to have exempted Turkmenistan Afghanistan-Pakistan-India (TAPI) Gas Pipeline project from the Open Access Regime, OGRA Gas (Third Party Access) Rules 2018 and the Pakistan Gas Network Code, besides standard waiver of immunity in line with international precedents to be included in the Host Government Agreement (HGA), sources close to Secretary Petroleum told Business Recorder. These…
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ISLAMABAD, November 25, 2023: The Oil and Gas Development Company Limited (OGDCL), in alignment with its Health, Diversity & Inclusion (HDI) initiative, on Saturday organized the “Mindful Miles Walk” for its employees, a dynamic and healthy activity aimed at protecting the environment.The event, organized by the OGDCL Sports Board, was inaugurated by Mr. Ahmed Hayat Lak, the Managing Director and…
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ISLAMABAD: K-Electric has prepared its Indicative Generation Plan (IGP) up to 2032-33 which will be submitted to an appropriate forum for consideration and approval. National Transmission and Despatch Company (NTDC) recently wrote a letter to KE in which data has been sought for IGCEP 2024. In reply to a November 2, 2023 letter of Deputy Manager Director, System Operation, National…
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KARACHI: Pakistan Petroleum Limited (PPL) said on Friday it had started production of oil and gas from a new well in the Pothwar region of Punjab The company, which operates the Adhi Mining Lease with joint venture partners Oil & Gas Development Company Ltd (OGDCL) and Pakistan Oilfield Ltd (POL), said the Adhi South-6 well was drilled to a depth…
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ISLAMABAD: Official data released by the Pakistan Bureau of Statistics (PBS) shows that gas charges have gone up by 1108.59 percent in the outgoing week of 2023 against the same week last year. The official data of the Sensitive Price Index (SPI) released on Friday shows that gas charges for lower quintile witnessed a hike in prices by 1108.59 percent…
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