Russia and Pakistan amend key pact to help unlock long-stalled gas pipeline dream

A planned 1100-kilometre pipeline is intended to transport imported regasified natural gas from a liquefied natural gas terminal in Port Qasim near Karachi to Kasur in Punjab province. The new protocol introduces recent changes to the project, agreed by the two countries, to reduce Russia’s controlling stake in the project to 26% and pass operatorship into local hands. The Russian…

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Chinese Oil, Gas Enterprises Set Up Methane Emission Control Alliance

Chinese oil and gas enterprises have set up an alliance on methane emission control amid China’s efforts to meet its 2060 carbon-neutral target. The alliance was jointly initiated by PetroChina, Sinopec and CNOOC, with the National Pipeline Network, Beijing Gas, China Resources Gas, and ENN Energy as its founding members. The alliance will focus on promoting technology and experience exchange…

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Pakistan Nuclear Technology Potential

After the establishment of KANUPP, in 1972 its first nuclear power plant in Karachi produced 137mw of energy – the use of nuclear power in Pakistan has seen a sharp escalation in recent times. Pakistan presently being an energy-hungry economy with outstanding industrial growth potential continues to invest in renewable nuclear power technology. Pakistan embraced a National Energy Security Plan,…

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China pushes coal trade on the longer route – a boon for smaller vessels?

China continues to block Australian coal and is diversifying its import sources (long haul countries) which will support coal shipping demand in 2021.Amid the China-Australia trade dispute, China has significantly increased its imports from the US, Canada, Colombia, Russia and South Africa, boosting tonne-mile demand. We expect shipping demand arising from Chinese imports to expand further despite a forecast 6.6%…

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Berlin Lawmakers Get a New Green Workspace

n a site steeped in history a few hundred meters from the Reichstag in central Berlin, an office building is rapidly taking shape that handily symbolizes how climate protection has come to dominate the political narrative ahead of September’s election. The modular Luisenblock West, which will provide working space for Germany’s Bundestag, or lower house of parliament, is mostly wooden…

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Shell Energy gets gas marketing licence

KARACHI: The Oil and Gas Regulatory Authority (OGRA) has awarded a gas marketing licence to Shell Energy Pakistan (Pvt) Limited, a statement said on Monday. Shell Energy Pakistan has been incorporated to carry out downstream gas marketing activities in Pakistan, it added. It aims at aggregating the demand from customers and secure competitive international supply to meet such demand. After…

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Pakistan mandated to host World Environment Day for its leading role

Pakistan, despite being the least contributor to global greenhouse gases emissions has been bearing the burden of erratic natural disasters and environmental degradation whereas its initiative to host World Environment Day was its recognition as international leader in nature based solution and eco-system restoration initiative. The country has been persistently among the top 10 countries facing adverse impacts of climate…

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Increasing demand for solar power takes toll on generator sales

Import of power generating machines hit $1.4 billion in the first ten months of the ongoing fiscal year (10MFY21) from $971 million in the same period last year. However, market players contest this whopping import bill figure, attributing it to bulk import of generators for housing and government-related projects instead of household consumption. They said increasing demand of solar power…

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