Day: August 12, 2020

Iranian Oil Exports Much Higher Than Official Data Suggests

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Iran is exporting a lot more crude oil than U.S. figures suggest, data from TankerTrackers.com has revealed, as reported by NBC News. According to the data, Iran is exporting as much as 600,000 barrels daily, using ship-to-ship transfers with transponders turned off to avoid detection, skirting U.S. sanctions. The daily average number compares with an estimate of 227,000 bpd made in a U.S. Congressional report, NBC’s Raf Sanchez wrote on Twitter. TankerTrackers.com first reported in 2018, after President Trump reintroduced sanctions on Iranian exports, that Iranian tankers were turning off their transponders…

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Energy policy: ‘Pakistan to domestically generate electricity up to 60 pc by 2030

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ISLAMABAD: Federal Minister for Energy Omar Ayub announced on Wednesday that the new energy policy has been approved for making a major shift to electricity generation to renewable and alternative sources in Pakistan, ARY News reported. Omar Ayub, while addressing a press conference along with Special Assistant to the Prime Minister on Petroleum Division Nadeem Babar in Islamabad today, said that the rate of power generation will be increased up to 20 per cent by using domestic reserves of renewable and alternative electricity projects. He detailed that the country will…

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Miandad Claims Imran Khan is Prime Minister Because of Him

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Pakistan legend, Javed Miandad, has claimed that he was the main driving force behind Imran Khan during his election campaign which paved the way for the latter’s ascent to power. In a YouTube video, Miandad claimed that Imran Khan has appointed inept individuals in the Pakistan Cricket Board (PCB) after becoming the Prime Minister. As a result, cricketers have lost their jobs. He said that Pakistan is full of talented individuals and there is no need to hire people from abroad to run the affairs of the board, adding that…

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Pakistan All Set To Purchase The Cheapest LNG Cargo EVER At A Record Low Price

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Pakistan is all set to purchase the cheapest LNG cargo at a record low price. The SOCAR Trading ( The State Oil Company of Azerbaijan Republic) has placed its lowest proposal to Pakistan LNG Ltd for a liquefied natural gas cargo for delivery in late August. The P.L.L. received an offer for an August 27th – 28th delivery cargo at about $2.20/mmbtu. It is pertinent to mention here that Pakistan has been out of the spot market in 2020, and this is its first tender since November 2019. The Managing Director at…

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CONSUMER FOOD WASTE: IGNORANCE OR LACK OF AWARENESS?

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The supply chain creates waste and every stage, and consumers contribute the most in developed countries. In the Netherlands consumers make up 33% of food waste; In the United States,  40-50 per cent of food is thrown away. This is around 76 billion pounds of food per year. Consumers need to find solutions and awareness on how they can change their behaviour to reduce the environmental burden.  What is the environmental impact?  The environmental burden of food thrown further down the supply chain is higher than the initial stages as…

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