Day: June 28, 2021

Peak in twin energy crises on the cards June 28, 2021 A twin energy crisis is going to peak in next few days with initiation of LNG terminal’s dry docking, annual closure of a key gas-well and man-made bottlenecks in supplies. The most efficiently-run LNG import terminal will be shut down temporarily today (Monday), as Floating Storage and Regasification Unit (FSRU) is going to leave for mandatory dry docking, disrupting gas supplies for around five days. The back-to-back cut in RLNG supply and annual closure of Kunar Pusaki gas field…

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For any developing economy tax collection represents the most critical component for growth and development. On an average, developing economies collect less than 15 percent of GDP in taxes, compared with the 40 percent collected by advanced countries. The ability to collect taxes is central to a country’s capacity to finance social services such as health and education, critical infrastructure such as electricity and roads, and also undertake much needed public welfare schemes and projects for the most under privileged segments of the society. Given the much needed investment required…

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Like Houston, we will have a problem. Results of a case when utilities are not encouraged to invest. Earlier this year, millions of homes in Texas were without power for days in what is dubbed as one of the worst power crises in world history. Houston is really a case in point. The electric grid in Texas was built for efficiency, but not for climate resilience and resultant changes to operational requirements. The past three decade’s policies in this sector do not reflect any adequate framework for future growth and…

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Sui gas companies have conveyed availability of LNG pipeline capacity to be allocated for transmission and distribution to M/s Energas and M/s Tabeer Energy, sources close to Secretary Petroleum told Business Recorder. On June 7, 2021 OGRA was apprised of pipeline capacity availability for 44 MMCFD in SSGC’s transmission and distribution network available for allocation to Energas while on June 11, 2021, SSGC apprised OGRA of pipeline capacity availability for 150 MMCFD in SSGC’s transmission network available for allocation to Tabeer Energy. The sources said, Sui Northern Gas Pipelines Limited…

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Prime Minister Imran Khan is due in Kaghan valley here today (Monday) to visit the 880MW Suki Kinari hydropower project and address a gathering of notables. Preparations for the visit have already been completed. The prime minister would be accompanied by Chief Minister Mahmood Khan and members of his cabinet from Mansehra during the visit. Official sources told this correspondent that the prime minister would visit the Suki Kinari hydropower project, the first such scheme across Khyber Pakhtunkhwa being built under the China-Pakistan economic corridor initiative in the power sector.…

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