Govt to help KE raise generation capacity by 1,600MW

ISLAMABAD: Amid delays in K-Electric takeover by the Shanghai Electric Limited (SEL) of China, the government has decided in principle to facilitate the Karachi-based power utility to increase its own generation capacity by 1,600MW and enhance supply from the national grid to 1,400MW on an urgent basis. For this to deliver, the government would immediately allow the KE to start…

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Paracha Hopes Decrease In CNG Price With Private LNG Import

ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 23rd Feb, 2020 ) :All Pakistan CNG Association (APCNGA) Central Chairman Ghiyas Abdullah Paracha has expressed confidence that there would be a considerable decrease in price of the commodity after arrival of private sector players in import of Liquefied Natural Gas (LNG). “The association expects the arrival of private LNG cargoes…

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AGP detects losses of Rs 3.384 billion in KP Energy & Power Department

The Auditor General of Pakistan (AGP) has detected two cases of the non-recovery of a huge amount of Rs.3384.794 million in the accounts of the Energy and Power Department of Khyber Pakhtunkhwa, says AGP Audit Year 2016-17. The audit report has already been tabled in the provincial assembly that has referred it to the Public Accounts Committee (PAC) of the…

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Nepra ‘Energy Week’ to kick off tomorrow

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,…

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Pakistan Oil and Gas Market Insights and Outlook During 2020-2026

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…

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FATF decides to keep Pakistan on grey list till June 2020

PARIS: The Financial Action Task Force (FATF) on Friday decided to keep Pakistan on the greylist for another four months till June 2020. FATF authorities will review Pakistan’s implementation on the anti-money laundering watchdog’s recommendations during its next plenary meeting in June 2020. At the conclusion of its plenary meeting, the FATF stated Pakistan’s progress or implementation on its recommendations…

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Turkmenistan to hold TAPI gas pipeline conference in Dubai

Turkmenistan plans to hold an international conference titled “TAPI – The Gas Pipeline for Peace and Cooperation” on Feb. 24-25 in Dubai, the UAE, Trend reports with reference to the Turkmenistan State News Agency. Turkmenistan”s Deputy Prime Minister Myratgeldi Meredov said earlier at a government meeting that an international forum to attract foreign investment in the country”s oil and gas…

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1st shale gas and oil well penetrated more than 2,487 meters in Sindh

According to an official “The drilling began on 14th December 2019 at the Shale gas well, KUC-01 (Kunar Unconventional-1), is in progress. As of January 30, 2020 the well was drilled towards downward of 2,487 meters that will be taken to 3,910 meters in Chiltan formation,”interesting reading:  PTCL initiates its 1st Digital Learning Hackathon 2019 Presently, the Oil and Gas Development Company…

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