The partial approval of refinery policy is followed by another controversy in the sector as the chairman of Expert Group on Petroleum has suggested to the government to shut down three refineries, namely Pakistan Refinery, National Refinery and Byco Petroleum. The three refineries are producing jet fuel and kerosene oil to meet strategic requirements of the country. At present, Pakistan…
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Gas crisis leaves Europe searching for solutions
Consumers’ bills have spiralled here in recent months, with the cost of electricity increasing 35% over the last year and nearly 8% in August alone. Energy prices in Spain are closely tied to the wholesale gas market, so the price per megawatt hour for consumers has repeatedly hit new highs recently. “I was paying about €40 (£34) per month and…
Read MoreK-Electric Sees Light At The End Of The Tunnel
Business leaders there is a non-payment you plant and machinery from for the businesses to the con- at this point of time and that’s Wednesday. During the first discuss challenges, cannot go and disconnect across the globe. “We had sumers. Covid-ig has obviously why they have been avoiding phase (2015-2020) of CPEC, power. The entity lost a few only one…
Read MoreKarachiites may have to pay monthly waste disposal fee soon
As if the Karachi Metropolitan Corporation’s proposal to collect two of its key taxes through monthly electricity bills was not enough to cause concern among the Karachiites, another plan has been prepared to levy a fee on the residents on account of waste disposal work, and for the purpose the billing system of the gas utility could be utilised. The…
Read MoreLPG Imports Increased
LPG vessel “C Tomson” berthed at Gwadar International Terminals Limited (GITL) on 21 Sep 2021 at 1700 hrs, First Liquefied Petroleum Gas Terminal in Gwadar Al-Qasim LPG Gas Terminal has substantially increased the import at GITL which ultimately created, generate greater economic activity in Gwadar, which would in turn benefit the local population through the creation of more jobs. and…
Read MoreChina’s no to coal plants raises questions about $50bn investment
China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said. Chinese President Xi Jinping said in a pre-recorded address at the United Nations General Assembly on Tuesday that China would help developing countries build green energy production and halt construction of coal power plants abroad. China has…
Read MoreThe Government Approved the New #Gwadar International Airport Project
The government approved the New #Gwadar International Airport project at an upward revised cost of Rs51.3 billion, showing an increase of 138% in its construction price within five years amid a slow pace progress on an important #China #Pakistan Economic Corridor (#CPEC) scheme. The Central Development Working Party (CDWP) took the decision to revise upward the project cost. Planning Commission…
Read MoreNew WHO Global Air Quality Guidelines aim to save millions of lives from air pollution
New WHO Global Air Quality Guidelines (AQGs) provide clear evidence of the damage air pollution inflicts on human health, at even lower concentrations than previously understood. The guidelines recommend new air quality levels to protect the health of populations, by reducing levels of key air pollutants, some of which also contribute to climate change. Since WHO’s last 2005 global update,…
Read MoreGovt Resolved to Assist KE Meet Growing Power Demand
The federal government is resolved to work with K-Electric (KE) to address the power challenges in Karachi keeping in mind the growing power demand of the city, a minister said. It’s good to see a concerted effort being made by KE to meet Karachi’s power demands,” said Ali Zaidi Minister for Maritime Affairs during his visit to K-Electric’s Bin Qasim…
Read MoreSAPM Tabish Gauhar ‘quits’
This is the third resignation by technocrats in the energy sector in a row since the PTI government assumed power. Tabish Gauhar had earlier tendered resignation and went to Dubai in protest because of meddling into the power sector affairs by the-then SAPM on Petroleum Nadeem Babar, but he came back on the intervention of the prime minister on January…
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