Month: March 2020

The award is in recognition of WLPGA’s activities in promoting LPG as a marine fuel and for its report: “LPG Bunkering, Guide for LPG Marine Fuel Supply”. The report offers guidance for LPG marine fuel supply, concluding that sufficient potential infrastructure for distribution of LPG is available to serve potential marine market demand. LPG is a key enabler for IMO 2050 and as fuel it addresses IMO sulphur regulation forever. The report aims to improve understanding within the maritime industry, of issues related to bunkering ships with LPG. The report highlights…

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US natural gas futures edged up for a third day in a row on Wednesday due to a slight decline in output, despite weather forecasts confirming the previous warmer-than-normal forecast for the next two weeks. After rising about 7% earlier this week, front-month gas futures for April delivery on the New York Mercantile Exchange rose 2.7 cents, or 1.5%, to settle at $1.827 per million British thermal units (mmBtu). That is the first time the front-month increased for three days in a row since early January. Despite this week’s gains,…

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Mahreen Aziz Khan has joined K-Electric (KE) as the first female CxO since the company’s transformation began in 2009. Ms. Khan is part of the KE Leadership as Chief Marketing & Communications Officer (CMCO) and this also makes her the first female CMCO at the company. After studying law from Cambridge University, Ms. Khan qualified as a Barrister and has also studied Public Policy from Harvard University’s Kennedy School of Government. She has more than 19 years of experience in strategic communications, media, and public policy. As KE continues its…

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PESHAWAR: Khyber Pakhtunkhwa’s (KP) Energy and Power Department could hardly spend 6.9 per cent from the allocated Rs9 billion for various projects to increase the province’s electricity production in this year’s annual development programme. According to the documents, the KP Finance Department had released Rs3.8 billion out of Rs9 billion in which the department could spend only Rs623 million on various projects. Provincial government allocated token funds for 496 MW project in Kohistan-Supat Power Project on in which KP has 26 per cent shares while Korea Hydro & Nuclear Power (KHNP)…

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Last year, the petroleum industry was left in a buzz with fresh oil and gas blocks on the market for exploration, located in Abu Dhabi. These were under the hat of Abu Dhabi National Oil Company (ADNOC), the emirate’s crown jewel. To take full advantage of this opportunity, several E&P companies worldwide partook in the bidding process. Representing Pakistan, major E&P Companies, namely, PPL, MPCL, OGDCL & GHPL, participated in the bidding by forming a consortium – the first of its kind in the country. ADNOC is currently in the…

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