PLL offers to allocate unutilised capacity of LNG terminal for six months

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…

Read More

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 More

U.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 More

Natural 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 More

PD 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 More

Experts 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 More