Author: Admin

Global LNG: Asian spot LNG gains amid colder weather, Europe stocks concerns

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LNG

SINGAPORE: Asian spot liquefied natural gas (LNG) prices rose to an over-one-year high this week, amid forecasts of colder temperatures and as concerns of Europe’s storage levels persist. The average LNG price for March delivery into northeast Asia was at $16.10 per million British thermal units (mmBtu), the highest since November 2023, industry sources estimated. “The main market concern is the high rate of withdrawals from Europe’s gas inventories… The region appears on track to import 11 million tons of LNG in February,” said Siamak Adibi, director for gas and…

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Saudi and Pakistan forge stronger tourism ties, unlocking unprecedented travel opportunities

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Saudi and Pakistan forge stronger tourism ties

Saudi and Pakistan forge stronger tourism ties, unlocking unprecedented travel opportunities February 14, 2025 Feb 14th, Karachi: Saudi is emerging as a top global travel destination in 2025, offering exciting new opportunities for Pakistani travelers. With over 2.7 million Pakistani travelers visiting Saudi in 2024 and an anticipated 2.87 million in 2025, the country is strengthening its accessibility and diverse experiences beyond religious tourism. Saudi is enhancing travel for various segments, including solo female travelers, destination weddings, and cultural exploration. Pakistani talent and travelers are making a significant impact on…

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17th Annual CSR Summit-2025 to Take Place in Islamabad on February 18

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CSR-2025

Islamabad: The 17th Annual Corporate Social Responsibility (CSR) Summit and Awards-2025, themed “Sustainable Pakistan,” is set to be held on February 18 at a prestigious hotel in Islamabad. The event will be graced by the Federal Minister for Maritime Affairs, Qaiser Ahmed Sheikh, as the chief guest. Organized by the National Forum for Environment and Health (NFEH), the summit serves as a key platform for discussions on corporate philanthropy and social responsibility. It will bring together industry leaders, experts, and stakeholders to explore ways to enhance CSR initiatives for the…

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Sir Syed University’s power system to be converted to solar energy

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mou-sir-syed

Sir Syed University will save about Rs. 50 million annually – Governor Kamran TesoriMoU signed between Sir Syed University and Redstone Energy at the Governor House KARACHI, February 13, 2025 – A Memorandum of Understanding was signed between Sir Syed University of Engineering and Technology and Redstone Energy at a ceremony held at the Governor House under which the power system of Sir Syed University will be converted to solar energy. As a result of the agreement with Redstone, Sir Syed University will save about five crore rupees annually. The…

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Govt Plans to Convert 3,400 Closed CNG Stations into EV Charging Hubs

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NEPRA-EV

ISLAMABAD: In a bid to accelerate electric vehicle (EV) adoption, the government is considering repurposing 3,400 closed CNG stations into EV charging hubs while lowering electricity tariffs to attract investment. With only eight operational EV charging stations and 94,000 electricity units consumed for EV charging over the past year, the National Electric Power Regulatory Authority (NEPRA) reviewed a proposal on Wednesday to slash the base electricity tariff for EV stations from Rs45.55 to Rs23.57 per unit. NEPRA, however, raised concerns about pricing controls, questioning how operators would be prevented from…

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