UAE Leadership’s Vision Behind Successes In Peaceful Nuclear Energy Sector: Hamdan Bin Zayed

ABU DHABI, (UrduPoint / Pakistan Point News / WAM – 06th Apr, 2021) H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region, stated that the continuous successes and major achievements accomplished by the UAE in the area of peaceful nuclear energy are the outcomes of the vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince…

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Pakistan and Russia are Shaping New Era of Strategic Relationship

Asia is a goldmine of opportunities and choices for the major powers. Significant location of Pakistan in the region attracts major powers as well. Change in geopolitics with opportunities and choices leads regional states towards decisive shift in their foreign policy. Russia is opening eyes and looking to be a regional hegemon. Although Pakistan and Russia have no history of good relationship but the strategic realities gave birth to the current shift which is much positive for both Islamabad as well as Moscow. Pakistan-Russia has past of adversary but today,…

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CPEC: China & Iran strategic partnership | By Dr Mehmood Ul Hassan Khan

CHINA Pakistan Economic Corridor (CPEC) has now become hot topic in the South East Asia and Central Asia regions because of its “trans-regional” importance in terms of a real “pushing force” to achieve immense “socio-economic” prosperity, “regional integration”, food and energy cooperation, poverty eradication, green revolution and last but not the least, “connecting hub”. The CPEC has become a “magnetic force” to promote ties of mutual respect, equal rights of prosperity, community development and positive & productive political consultations in the region and beyond. The “preachers” of disinformation, disintegration, destruction,…

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LNG is competitive with diesel and LPG for industrial use: CEEW study

According to the study, small-scale LNG can offer a cheaper alternativeSmall-scale LNG can be delivered at prices competitive with diesel and LPG used in industry, according to a study released on Tuesday by Council on Energy, Environment and Water (CEEW). Considering a one-way distance of 200 km and the average 2017-18 LNG import price, the study estimates the delivered price of natural gas to be $11.11 (₹815) per million British thermal unit (mmBtu) as compared to the average industrial prices of $24.04 per mmBtu for diesel and $16.62 per mmBtu…

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Lesco leads Discos in receiving applications for net-metering

LAHORE: The Lahore Electric Supply Company (Lesco) is leading rest of the distribution companies (Discos) in receiving applications for net-metering, issuance of generation licences by National Electric Power Regulatory Authority (Nepra) and commissioning of the capacities, said sources. According to reliable sources in the Alternative Energy Development Board, the Lesco has received 2,995 applications with a total capacity of 58785.2 kilowatt till February 28, 2021. Against these applications, the Nepra has issued licences against 2,704 applications with a generation capacity of 50.14 megawatts out of which 2,494 applicants have commissioned…

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LNG Bidding: The right way

Pakistan has been taking strides to improve the RLNG spot purchase process, and the last tender saw significant changes towards the goal. The previous process was time and again blamed and criticized for being too cumbersome and rigid, with painstakingly long tender closure dates, and out-of-date pricing structure linked with crude oil prices. That has changed for the better, and the immediate impact is there for everyone to see. The latest LNG tender floated by the Pakistan LNG Limited saw much increased participation from bidders, with as much as 12…

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Petroleum Ministry’s report ‘shocks’ PLL ex-MD

ISLAMABAD: Former managing director of PLL Adnan Gilani Tuesday said he was shocked to see the inquiry report of the Petroleum Ministry. Talking in Geo News programme “Aaj Shahzeb Khanzada Kay Saath”, Gilani said after joining he would review agreements and payments every two or three months in a bid to avoid mistakes. Gilani said he came to know in October-November 2018 that the port charges could have different interpretations. He said the issue was conveyed to the Pakistan State Oil (PSO) and a thorough investigation held. “The issue was…

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NAB gives go ahead to revised deals with IPPs

ISLAMABAD: In a new development, the National Accountability Bureau (NAB) has written a letter to the Power Division saying that the government has the full authority to execute their altered agreements with 47 IPPs in a bid to provide relief to those officials who are hesitant to implement the new agreements because of fears of possible action against them in future. The anti-graft body has written this in its letter to the Power Division after the government missed the deadline of March 29, 2021 in paying Rs85 billion to nine…

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How electricity theft impacts Pakistani society

Pakistan’s ongoing battle with electricity is one that the country just can’t seem to overcome. The alarming rate of transmission, distribution losses, power theft and the resulting load shedding is one that has left the country in a constant state of grief for decades. More alarming is the estimated Rs 53 billion worth of power theft in Pakistan in 2018 which is assumed to have risen since. While the government continues to try and figure out which is the best route to take with the IPPs and pricing strategies are…

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Russia keen to develop ‘waste-to-energy plant’ near Karachi

Russian experts, on the request of Sindh Chief Minister Syed Murad Ali Shah, have agreed to submit their proposals for modernisation of Pakistan Steel Mills (PSM) for which a study visit would be conducted. This was emerged on Tuesday when a Russian delegation, led by its adviser Andrey Zubal, called on the Sindh CM and discussed matters of mutual interest, said an official statement issued on Tuesday night. The delegation members include Consul General of Russia in Karachi Rus Welding, Dr Aleksandr G Khozin, Ahmed Rana of Concord Ventures (PVT)…

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