Day: February 23, 2020

The National Electric and Power Regulatory Authority (Nepra) is organizing Energy Week 2020 from February 24 to 28 to look into the challenges and to suggest way forward for the power sector of Pakistan. Sessions regarding China Pakistan Economic Corridor (CPEC), generation, transmission, distribution and innovation will be held during the Energy Week. These sessions will be attended by ambassadors, federal ministers, federal and provincial secretaries as well as national and international experts on energy. The inaugural and CPEC session will be held on February 24 (Monday) which will be…

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ISLAMABAD: Amid a modest rise in liquefied natural gas (LNG) imports by Asia, Pakistan has ranked among the top three countries in South Asia, which recorded 19% increase in imports in the year 2019. Also notable was the LNG demand growth in South Asia. In total, Bangladesh, India and Pakistan imported 36 million tonnes, an increase of 19% over the previous year, pointing to the emerging growth of countries in Asia, according to Shell’s latest annual LNG Outlook published on Friday. According to the outlook, global demand for LNG grew 12.5%…

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Recovering prices, strong demand from the transportation industry and modern developments of oil and gas exploration and production activities are some of the factors driving Pakistan Oil And Gas market growth. Increasing exports and imports of oil and gas on the account of surged demand across the world are fuelling the market growth. Global oil demand is estimated at 104 MMbbl/d in 2025 and natural gas continues to expand its share across major markets. Oil and gas companies will need to expand their production to meet emerging demand in the…

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