Aramco, STC & Huawei to study 5G uses in oil & gas

STC and its partner in 5G network deployment in the Middle East, Huawei, have signed a memorandum of understanding (MoU) with Saudi Aramco to launch a joint innovation program to study the application of 5G technology in the oil and gas industry and develop solutions. The MoU is expected to fuel economic growth and societal benefits in the Kingdom and around the world. Aramco and STC have reached a consensus that 5G is a key technology for the fourth industrial revolution and digital transformation in the oil and gas industry.…

Read More

660MW coal power plant faces delay

The beginning of commercial production by Lucky Cement’s 660-megawatt local coal-fired power project worth over $1 billion has faced a delay of around five months due to inability of the government to finish construction of transmission lines on time in the wake of Covid-19. The company has, however, refused to accept excuses from government agencies responsible to build the required power transmission infrastructure. In this regard, it has remained under contract with the authorities to launch commercial operation of the project by the middle of first quarter (Jul-Sept 2021) of…

Read More

Divestment of Mari shares hits snag

ISLAMABAD:ISLAMABAD:ISLAMABAD:The divestment of government of Pakistan’s remaining shares in Mari Petroleum has been held back due to observations made by the anticorruption watchdog. Sources told The Express Tribune that a meeting was held in the first week of January at the Privatisation Commission to discuss the divestment of Mari Petroleum’s shares. The meeting was chaired by the privatisation minister and attended by officials of the Petroleum Division as well as others. The participants were apprised that in a meeting held on August 5, 2019, both joint venture partners – Fauji…

Read More

Was it a Crisis Communications Blackout Too?

This was the first post I read at 12:00 midnight PST on January 9, 2021 and within five minutes, by just looking at (without reading) the number of comments, I knew this was a major power breakdown. As a student of crisis communications, there onwards I started noting the different pieces of information doing rounds on social media. They included speculation by the mainstream media about the causes of the breakdown, from “sources” talking about terrorist attacks, including misleading images of posts dating from 2015 as well as an attack…

Read More

Ogra proposes up to Rs11 hike in POL rates

ISLAMABAD: The prices of key petroleum products — petrol and high-speed diesel (HSD) — are estimated to go up by Rs9-11 per litre on Jan 31 for the first fortnight of February if straight calculations of Oil & Gas Regulatory Authority (Ogra) are accepted by the prime minister. However, based purely on international prices published in Platt’s Oilgram, the prices of petrol and HSD would need an increase of Rs2.30 and Rs2.11 per litre, respectively. A Petroleum Division official said that based on import shipments as of Jan 27, the…

Read More

Coal demand expected to spike in 2021

KARACHI: Coal demand is expected to remain upbeat in 2021 as more coal-fired and captive power plants are coming up in the current year. According to sources, the import of coal at three coal-based power plants – China Hubco, Sahiwal and Port Qasim Electric — is around 10-12 million tonnes per annum. According to Nepra, the contribution of coal to the country’s energy mix was a staggering 21 per cent in CY20. The cement sector is also expanding its capacity to cope with the rising demand under Prime Minister’s Naya…

Read More

NEPRA questions furnace oil use in power generation

The National Electric Power Regulatory Authority (Nepra) has once again questioned the use of expensive furnace oil instead of re-gasified liquefied natural gas (RLNG) for electricity generation in December 2020. The regulator has also questioned the diversion of gas from power plants to other sectors during the month. At a public hearing of a petition of the Central Power Purchasing Agency (CPPA), presided over by Nepra Chairman Tauseef H Farouqi, the regulator reserved its judgement on the application seeking a power tariff hike of Rs1.81 per unit on account of…

Read More

OGRA approves 5.4% tariff hike

The Oil and Gas Regulatory Authority (Ogra) has allowed a 5.4% increase in the price of gas for consumers of Sui Southern Gas Company (SSGC). The regulator allowed the hike in the prescribed price of gas while determining the estimated revenue requirement (ERR) of SSGC for financial year 2020-21. The oil and gas regulator allowed the price increase in order to recover shortfall of Rs14,270 million in the ERR for financial year 2020-21, including prior year shortfall of Rs50,983 million. The new prescribed price has been determined at Rs778.59 per…

Read More

Ex-KE MD made head of reconstituted NTDC board

ISLAMABAD: The government on Thursday reconstituted the board of directors of the National Transmission & Despatch Company (NTDC) under the chairmanship of former managing director of K-Electric Naveed Ismail. According to a notification issued by the Power Division, seven out of 11 members of the existing board have been replaced. All the independent directors are new faces on the board whose number has been reduced from six to five. They include Ali Zain Banatwala (a Karachi-based system optimisation and smart grids expert), Nauman K. Hyder (former HBL president), Almas Hyder…

Read More

Karachi ranks as second most polluted city in the world today

KARACHI: Pakistan Meteorological Department said the city’s weather is likely to remain dry and cold during the next 24 hours on Thursday. According to the Air Quality Index, Karachi has been ranked second among the most polluted cities in the world today. The minimum temperature recorded in the provincial capital city today was 9.2°C. However, due to the haze, the visibility near the airport was recorded at 3 kilometres. Read more: Karachi ranks seventh among most polluted cities of the world today As per details from the weather department, the…

Read More