Author: Admin

Egypt and Qatar Sign MoU to Strengthen LNG Cooperation

Admin
New-Project103

CAIRO: Egypt and Qatar have signed a memorandum of understanding (MoU) aimed at boosting cooperation in liquefied natural gas (LNG) sales and imports, including provisions for delivering Qatari LNG shipments to Egypt’s Ain Sokhna and Damietta ports, the Egyptian Petroleum Ministry announced on Sunday. According to QatarEnergy, the agreement covers supplying Egypt with up to 24 LNG cargoes during the upcoming summer season. As the Arab world’s most populous country, Egypt has been working to increase domestic gas production and diversify import sources to meet rising energy demand. Gas production…

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China, Pakistan Reaffirm Commitment to Deepen Strategic Partnership

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New-china

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar met China’s Executive Vice Premier Ding Xuexiang in Beijing on Sunday, with both sides reiterating their resolve to further strengthen the Pakistan–China all-weather strategic cooperative partnership. According to a statement issued by the Foreign Office (FO), the meeting focused on the overall state of bilateral relations and explored avenues to deepen cooperation across multiple sectors. Vice Premier Ding appreciated Pakistan’s consistent support for China on issues of its core interests. Both leaders underscored the importance of the 75th anniversary…

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China Mobile Pakistan Seeks Industrial Power Tariff for Data Centres Amid Rising Energy Costs

Admin
China-Mobile

ISLAMABAD: China Mobile Pakistan (CMPak), operating under the brand name Zong, has called for the application of industrial electricity tariffs for its Cloud and Integrated Data Centre (IDC) facilities, warning that high energy costs are undermining the competitiveness of local data centres and discouraging international cloud service providers from localising infrastructure in Pakistan. In a letter addressed to Secretary Ministry of IT and Telecommunication (MoITT) Zarrar Hasham Khan, with copies sent to the Chairman NEPRA, Secretary Power Division, and Secretary SIFC, Shahid Razzaque, Director Regulatory Affairs at CMPak, said the…

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Pakistan to Roll Out Advanced Metering Infrastructure in Five Power Discos

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Pakistan-power

ISLAMABAD: The government is set to introduce Advanced Metering Infrastructure (AMI) across five electricity distribution companies (Discos) as part of a major effort to modernise Pakistan’s power distribution system and curb losses estimated at around $1 billion annually, sources close to the Managing Director of the Private Power and Infrastructure Board (PPIB) told Business Recorder. To support the initiative, the federal government has approached the World Bank (WB) to serve as Transaction Advisor for the project. Acknowledging the scale of challenges facing the power sector, the Managing Director of PPIB…

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K-P CM Directs Timely Completion of Provincial Transmission Line

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Sohail-Afridi

PESHAWAR: Chief Minister Muhammad Sohail Afridi has directed the Khyber-Pakhtunkhwa Transmission and Grid Station Company to ensure the timely and high-quality completion of the provincial government’s ongoing transmission line project, underscoring its importance for economic growth and energy self-reliance. Chairing a review meeting at the Chief Minister’s Secretariat on the Khyber-Pakhtunkhwa Transmission Line and Distribution Company, the chief minister said electricity generated from provincial power projects would be supplied to industries at affordable rates to promote industrialisation, economic stability and job creation. He also instructed officials to complete the feasibility…

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