ISLAMABAD: Pakistan LNG Limited (PLL) has floated a tender and sought bids to allocate idle capacity of LNG terminal to the private sector for a period of six months from February to July this year.The PLL through an advertisement has sought applications from the interested parties to utilise idle capacity of LNG terminal for the six-month period. The deadline fixed for…
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Net-metering installations reach cumulative capacity of 148MW, study reveals
ISLAMABAD: A study conducted and published by Institute of Policy Studies (IPS) titled ‘Barriers and Drivers of Solar Prosumage: A Case-Study of Pakistan’ states that as of November 2020, net-metering installations in Pakistan have reached a cumulative capacity of 148MW, which contrasts very poorly in comparison with other peer regional countries such as India where distributed generation has exceeded 5GW…
Read MoreU.S. Renewable Energy Consumption Surpasses Coal For 1st Time In Over 130 Years
In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S. Energy Information Administration’s (EIA) Monthly Energy Review. This outcome mainly reflects the continued decline in the amount of coal used for electricity generation over the past decade as well as growth in renewable energy, mostly from wind and…
Read MoreAzerbaijan Makes First Gas Deliveries To Europe
Baku, (APP – UrduPoint / Pakistan Point News – 31st Dec, 2020 ):Azerbaijan said Thursday it started gas deliveries to Europe from the Shah Deniz field in the Caspian Sea, part of a project aimed at reducing European dependence on Russian supplies. The Shah Deniz consortium led by British oil giant BP said in a statement that gas from the…
Read MoreOGRA notifies massive raise of Rs16/kg in LPG prices for January
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Thursday notified a record increase of Rs16 per kilogramme in the prices of Liquefied Petroleum Gas (LPG), which will be effective from January 1, 2021. According to OGRA’s notification, the LPG prices for the month of January are raised by Rs16 per kilogramme, raising the price of an LPG cylinder for domestic…
Read MoreNatural Gas Monetization Binds Africa and Mozambique’s Oil and Gas Industries
For many years, and as it was pursuing ambitions to become a global LNG exporter, Mozambique has struggled to generate enough energy for its domestic market. We are now about to see an energy revolution thanks to great gas discoveries made by international investors over the past decade. While international technological innovation and skillful know-how will be driving such projects,…
Read MorePD aligns strategy to streamline oil, gas sector in year-2020
ISLAMABAD: Cognizant of the country’s existing and future energy needs, the Petroleum Division (PD), during the year 2020, has aligned its strategy to streamline the matters related to the oil and gas sector. It introduced the ease-of-doing-business plan and took radical measures to ensure a level-playing field for all competitors in the energy sector. For the purpose, as many as…
Read MoreWind power accounts for more than half of UK’s electricity
LONDON: Wind power accounted for more than half of Britain’s daily generated electricity on Saturday in the wake of Storm Bella, according to energy giant Drax. The percentage of wind power in the country’s energy mix hit a record 50.67 per cent on Saturday, the company said over the weekend, beating the previous record of 50 per cent in August.…
Read MoreExperts Stress Depoliticising the Energy Sector for Economic Progress
LAHORE: The energy sector should be depoliticized and people having conflict of interests should not be appointed in any of the key posts in the sector. This will helpful for ending the incompetency, nepotism and favoritism from the energy sector and leads to proper development of the sector.These views were expressed by the energy sector experts responding to the questions…
Read MoreFWO to Start Construction of Dadocha Dam in Rawalpindi
The Frontier Works Organization (FWO) will soon begin the construction of the Dadocha Dam near Dadocha Village in Rawalpindi, and construction teams have been mobilized to the execution site along with the machinery. Once constructed, the dam will supply 35 million gallons of water to the residents of Rawalpindi and its adjoining areas every day. The total storage capacity of…
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