FWO to Start Construction of Dadocha Dam in Rawalpindi

The Frontier Works Organization (FWO) will soon begin the construction of the Dadocha Dam near Dadocha Village in Rawalpindi, and construction teams have been mobilized to the execution site along with the machinery. Once constructed, the dam will supply 35 million gallons of water to the residents of Rawalpindi and its adjoining areas every day. The total storage capacity of the dam will be 60,000 acre-feet, while the dead level storage capacity will be 15,000 acre-feet and the live storage capacity will be 45,000 acre-feet. The project is expected to…

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WAPDA Achieved Numerous Historic Milestones in 2020

The year 2020 proved to be an exceptional year for the water and hydropower sectors of Pakistan. The Water and Power Development Authority (WAPDA) succeeded in achieving significant milestones in the water and hydropower sectors this year. Besides generating the highest-ever low-cost hydel electricity, WAPDA also initiated construction work on the long-delayed multi-purpose Diamer Basha Dam Project in 2020. As per the details, WAPDA hydel generation continued to surge during 2020 too. As many as 22 hydel power stations owned and operated by WAPDA across the country generated 38.3 billion…

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Electricity price to go up as NEPRA approves hike of Rs1.6 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday greenlighted a price hike in electricity by Rs1.6 per unit. As reported by Geo News, the authority took the decision during a meeting held by the authority to review the fuel price adjustment situation for the months of October and November. For October, electricity prices will be increased by Rs0.29 per unit in lieu of fuel price adjustment. As for November’s fuel price adjustment, the increase in electricity price will be by Rs0.77 per unit, the report stated. The increase…

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Asad Umar says procurement of one million coronavirus vaccines okayed

Asad Umar, the chief of the National Command and Operations Centre (NCOC), on Wednesday said that a cabinet committee has authorised the procurement of more than one million vaccines in Pakistan’s fight against the coronavirus. Umar, in his statement on Twitter, said that the number “will cover all frontline health workers”. He said what remains now is for DRAP (Drug Regulatory Authority of Pakistan) to approve a vaccine. Umar said that the government aims to deploy the vaccines within the first quarter of 2021. According to a statement by NCOC,…

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Latest petrol price in Pakistan: Rates expected to increase, say sources

The price of petroleum products in Pakistan is expected to rise beginning January 1, 2020, Geo News reported Wednesday, citing sources. The Oil and Gas Regulatory Authority (OGRA) has sent a summary to the Petroleum Division, where it has suggested to increase petrol prices by Rs2.75,  sources said. Moreover, OGRA has asked the Division to increase the price of diesel by Rs3, sources said, adding that the finance ministry would take a final decision after consulting Prime Minister Imran Khan. The new prices will be announced tomorrow (Thursday), sources added.

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Gas crisis aggravates: Suspension of RLNG supply to export units on the cards

ISLAMABAD: Fearing a massive surge in gas availability crisis in the country, the government has decided to even close down gas supply to export industry once a week if the emergency-like situation emerges in the month of January. The Petroleum Division is going to get it approved from the Economic Coordination Committee (ECC), which will meet on Wednesday (today), according to the summary, prepared by the Petroleum Division. However, the move, on the part of the Petroleum Division, has not only irritated the export industry but also Adviser on Commerce…

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Integrated diagnostics data advance infill development

Integrated diagnostics is a well-known term in the medical profession. A doctor’s role is to combine blood pressure, MRI scans, and clinical observations into a proper assessment of the patient’s condition and subsequently advise on treatment. For a proper diagnosis, it is essential to analyze all available data in an integral way. Ideally, the oil and gas industry’s approach to data should not be any different. Large-scale data accumulation is becoming more common in shale development. However, the industry struggles with a data dilemma. On the one hand, operators know…

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Iran Cuts Power Supply To Iraq On Unpaid Debt

Iran has reduced exports of natural gas to its neighbor Iraq claiming the latter owed it more than $6 billion for supplies already made. The cuts were made two weeks ago, and further cuts will be made, Iranian officials said. “The Iraqi electricity ministry owes more than $5bn to NIGC for gas imports from Iran,” the National Iranian Gas Company said, as quoted by Argus, adding, “Of this, $3bn is blocked and inaccessible in the [state-owned] Trade Bank of Iraq, and more than $2bn has not even been released yet by the…

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Oil Prices Continue Climb On Large Crude Draw

The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 4.785 million barrels for the week ending December 25. Analysts had predicted an inventory draw of 2.100 million barrels for the week. In the previous week, the API reported a build in oil inventories of 2.70-million barrels, after analysts had predicted a draw of 3.135 million barrels. Both Brent and WTI were up on Tuesday morning before the data release on hopes of a larger round of stimulus checks signed off on by President Donald…

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UAE-Based Firms Help Venezuela’s Oil Exports To Skirt U.S. Sanctions

Little-known shipping companies registered in the United Arab Emirates (UAE) have been shipping Venezuelan crude oil in breach of the U.S. sanctions on Nicolas Maduro’s regime, Reuters says in a special report on Tuesday. The companies Muhit Maritime, Issa Shipping FZE, and Asia Charm Ltd, all registered in two free zones in the UAE, have transported nearly 4 percent of Venezuela’s total crude oil and fuel exports so far this year, according to Reuters estimates based on internal shipping documents of Venezuelan state oil firm PDVSA, tanker tracking data from…

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