Chairman, National Electric Power Regulatory Authority (NEPRA), Mr Tauseef H Farooqi, has said that the Renewable Energy (RE) portfolio of Pakistan can be improved by including Hydro power generation in renewable energy mix. He said this during the public private dialogue ‘Prospects of clean energy transition along the coastal areas of Karachi: Key challenges, development strategies, and the way forward,’…
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Petroleum prices are not making much news these days. For one, it has now become a 15-day affair and that takes some sheen off. But more importantly, it is getting boring for the news channels’ DSNGs to queue up at petrol stations midnight only for the prices to be maintained or decreased. It has been six months and counting since…
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The government has decided not to extend guarantees for offtake of POL products from the new refineries. And more importantly the government will also not provide the guaranteed rate of return on the equity and will not ensure internal rate of return as well. The refineries, however, would be free to market their products through their own or other marketing…
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Karachi: National Forum for Environment and Health will organize Seminar on World Environment Day 2021 to on June 03.The title of the seminar is “Restore Ecosystem”. The event will be organizing with collaboration of United Nations Environmental Programme and NED University.President NFEH M. Naeem Qureshi said that This will be the first time in history that Pakistan will be officially…
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Saying that AJK is famous for its beautiful green forests and moderate climate, the president emphasised, “We will have to protect our forests in order to keep our region attractive and captivating to promote tourism and save the future of coming generations by maintaining the ecological balance.” Khan highlighted that forests are not only important to maintain the climate and…
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KARACHI: The Oil and Gas Regulatory Authority (OGRA) has awarded a gas marketing licence to Shell Energy Pakistan (Pvt) Limited, a statement said on Monday. Shell Energy Pakistan has been incorporated to carry out downstream gas marketing activities in Pakistan, it added. It aims at aggregating the demand from customers and secure competitive international supply to meet such demand. After…
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Pakistan, despite being the least contributor to global greenhouse gases emissions has been bearing the burden of erratic natural disasters and environmental degradation whereas its initiative to host World Environment Day was its recognition as international leader in nature based solution and eco-system restoration initiative. The country has been persistently among the top 10 countries facing adverse impacts of climate…
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The Oil Companies Advisory Company (OCAC) has warned that congestion at Karachi ports may disrupt the entire energy supply chain. Sources revealed that the OCAC had cautioned of disruption in oil supply due to the issue of ports (KPT and FOTCO Jetty at PQA) congestion due to unavailability of Oil Pier-1 (OP-1) at Keamari Terminal in Karachi. The oil industry…
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Import of power generating machines hit $1.4 billion in the first ten months of the ongoing fiscal year (10MFY21) from $971 million in the same period last year. However, market players contest this whopping import bill figure, attributing it to bulk import of generators for housing and government-related projects instead of household consumption. They said increasing demand of solar power…
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The government on Monday kept the prices of petroleum products unchanged for next 15 days. “The prime minister has decided to maintain the prices of petroleum products as they were on May 17th, 2021,” the petroleum ministry announced. The government has not increased the prices since April 16, and maintained them by adjusting sales tax and petroleum levy so that…
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