The Sui Southern Gas Company (SSGC) has repaired a gas pipeline damaged during excavation for laying water piped in the Block 15 of Gulistan-eJauhar on Friday. However, residents complained of delay in response by the utility service. The residents of Gulistan-eJauhar Block 15 were forced to take to the streets due to the negligence of gas company in repairing a…
Read More
Prime Minister Shehbaz Sharif on Monday said that amid the skyrocketing fuel prices, cheaper energy production from Thar coal mines project would prove a “game-changer” for the development of the entire country. Addressing the inauguration of the commercial operations of Phase-II of Sindh Engro Coal Mining Company (SECMC) during his visit to Thar Coal Mines Block-II, the prime minister said…
Read More
With fall being felt and winter on the way, European countries are worried how they will make it through the cold months ahead with less energy on hand. The war on Ukraine and Russia throttling supplies have pushed up prices sharply. Governments and the public are grappling with what measures to take and how much daily life will change. UK…
Read More
Some government high-ups are allegedly exercising their influence to clear the way for a liquefied natural gas (LNG) terminal to enhance its capacity, a move that may spark some controversy. Engro Elengy Terminal Private Limited (EETPL) is making efforts to replace its existing Floating Storage and Re-gasification Unit (FSRU), which handles LNG imports, with a bigger one to enhance its…
Read More
The UK launched its first oil and gas licensing round since 2019 on Friday, aiming to award more than 100 licenses to ramp up domestic oil and gas production and reduce dependence on foreign sources of fossil fuels. The North Sea Transition Authority (NSTA), the regulator responsible for handling and awarding exploration and production licenses, said on Friday that it “is inviting…
Read More
Russia is not ruling out the possibility of repairing the Nordstream gas pipelines, the Russian Embassy in Denmark said in a statement on its website on Friday. The Russian embassy criticized the efforts to investigate the pipelines following four explosions that took them offline—some say indefinitely—because the Russian side was excluded from the investigations. “The Danish side’s reluctance to involve…
Read More
France is considering increasing its capacity for uranium enrichment as the Western allies look to reduce their reliance on Russian nuclear power plant fuel. French state-held uranium conversion and enrichment specialist Orano SA is reviewing options to boost the capacity at its Georges Besse II plant to 11 million separative work units (SWU) from 7.5 million SWU now, a statement…
Read More
Finance Minister Ishaq Dar on Thursday struck a deal with exporters under which subsidised electricity at nearly Rs20 per unit would be provided to them in a move that will restore the trader community’s confidence in the government but would not stop misuse of the subsidy for domestic production. “The per unit electricity cost for the five export-oriented sectors has…
Read More
The Chiniot mines and minerals reference has been returned to the National Accountability Bureau (NAB) as an accountability court cited the lack of jurisdiction over the matter as per the amended National Accountability Ordinance (NAO) and directed the bureau to take up the matter to the relevant forum for further action. Accountability Court Judge Zubair Shahzad Kiyani passed the orders…
Read More
Following a hike in global oil prices, and the unavailability of LNG, the government has decided to revive revoked petroleum exploration licences and extend their validity period to boost exploration and production of indigenous gas to ensure long-term energy security. The government has received over 18 applications to extend the validity of exploration licences. Since 2015, Pakistan has relied on imported LNG…
Read More
