Year: 2019

CAIRO: Egypt will begin importing natural gas from Israel by mid-January 2020, Israeli Energy Minister Yuval Steinitz told Israel Radio on Sunday. “(The exports) will begin in the middle of next month and perhaps even earlier,” he said. Israeli gas exports to Egypt will gradually reach 7 billion cubic metres, a senior industry source, who earlier in the day disclosed a mid-January starting date, said. Steinitz said Egyptian petroleum minister Tarek El Molla had spoken to him two days ago and congratulated him on signing export permits for the gas. Egyptian company…

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KARACHI: The closure of CNG stations for a longer duration has proved to be a great burden on the pockets of consumers as rickshaw and taxi drivers are demanding exorbitant fares while peak factor on ride-hailing services has remained a constant irritant owing to lack of public transport. The current week also saw a huge rush of people at bus stops waiting for public transport vehicles as buses were taking too long to reach their designated stops because of being a few in numbers. A number of transporters had also…

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LAHORE: With a sudden drop in temperature across the country, the ongoing gas crisis deepened on Sunday as the total shortfall surged to 600 million metric cubic feet a day (MMCFD) that may compel the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) to curtail the supply to sectors other than domestic consumers. The shortfall has affected not only the supply to domestic consumers but also to the Compressed Natural Gas (CNG) sector for the past several days. Addressing a press conference in Sialkot on Sunday, Special Assistant…

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The first part of this article, published on Dec 9, highlighted how China is dominating the global production of lithium ion batteries (LIBs) and how Pakistan stands to learn from its experience. Globally, electric vehicles (EVs) have been the main drivers of investment in LIB production. LIBs constitute 40-50 per cent of the cost of an EV. Over 80pc of the future LIB demand is expected to come from EVs. The remaining demand will come from applications like stationary storage and consumer electronics. The government recently announced its National Electric Vehicles Policy…

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KARACHI: Ignoring public safety concerns and environment, the Sindh Environmental Protection Agency (Sepa) recently allowed M/s Pakistan International Bulk Terminal (PIBT) Limited to build a liquefied petroleum gas (LPG) terminal project at its existing facility.The approval to the project which involves transfer of LPG from carrier vessels to the pipelines that would carry it to the customer storage facility has come more than five months after the department had shared the project`s environmental impact assessment (EIA) report at a public hearing.Sources said that the department had granted a no-objection certificate…

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