With a gas price hike of 7-14 per cent due in the first week of next month as required under a determination of the Oil & Gas Regulatory Authority (Ogra), the government has started thinking a little differently. Finally, it has decided to start giving price signals to consumers based on energy availability and its cost of supply. To begin…
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Pakistan is not very rich in natural resources and endowments but very poor in managing whatever it has and even poorer in recognising the potential of such resources and (mis) use by others. Fresh water and data are two prime examples in this case. Let us start with the fresh water. A country that was once blessed with abundant fresh…
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The third slab (200 cubic metres per month) pertains to almost two million consumers with 18pc of gas consumption. They are currently charged at Rs553 per unit and their monthly bill works out at Rs3,733. The petroleum division has sought their rate to go up by about 24pc to Rs683 per unit, showing an increase in monthly bill to Rs4,300.…
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Pakistan’s position on the world ranking of countries having most mangrove trees in their coastal zones will further improve in the coming months owing to the aggressive plantation campaign by the Sindh government’s Forest Department. “Pakistan at present stands at the seventh position on the world ranking of mangrove forests as in the next two to three months our…
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Water Resources Federal Minister Moonis Elahi visited WAPDA House, therein he was briefed about the development portfolio of WAPDA and the progress achieved so far on water and hydropower projects. Speaking on the occasion, the Federal Minister said that harnessing the water resources is a key to national development. That is why, the Federal Government is constructing water and hydropower…
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Cooperation between Pakistan and Germany has grown considerably in the energy sector, said Federal Minister for Energy Muhammad Hammad Azhar. Talking to German Ambassador Bernhard Schlangheck, the minister appreciated the recent signing of implementation agreement for GIZ Pakistan’s Renewable Energy and Energy Efficiency-II (REEE-II) project worth €8.1 million. “The new Renewable Energy Policy approved by the Council of Common Interests…
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Yesterday Pakistan entered into a 664 Million US$ defence deal with Argentina (Sold 12 JF 17 Block 111) which UK told Pakistan not to do as both UK and Argentina fought for the Faukland Island in the past and according to UK, Argentina doesn’t have any other enemy to use these jets except The UK. The deal was approved today…
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With a summary for increase in price of natural gas by up to 35 per cent on the table, the Cabinet Committee on Energy (CCoE) on Friday approved a flat tariff of Rs12.96 per unit for electricity consumers across the country on additional consumption for four winter months in an effort to promote use of electrical appliances for heating room…
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The Cabinet Committee on Energy (CCOE) has turned down a proposal for a massive increase in gas tariff of up to 36%, fearing political backlash.The Petroleum Division submitted a summary for revision in gas slab tariffs for domestic consumers covering winter months from November 2021 to February 2022.Sources said that CCOE observed that there would be political consideration of the…
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The Arctic Council is a high-level intergovernmental forum comprising the eight circumpolar Arctic states: Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden, and the United States. The council was founded in 1996 through the Ottawa Declaration, its purpose set to enhance regional cooperation on protecting the Arctic environment and promoting sustainable development of the region. The structure of the council allows…
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