Year: 2021

The power sector will continue to be the main driver of natural gas demand in the Middle East for years to come despite global plans to use more renewables and hydrogen as part of the energy transition to reduce carbon emissions. Power generation will remain about 40% of the region’s gas demand this year into 2040, according to S&P Global Platts Analytics.Iran will remain the biggest user in the region, as the country’s gas use for power more than doubles by 2040. The 3.1% increase in gas demand in the…

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After disruption in gas supply for around three days, gas supply to the general industry and its captive power (non-export), compressed natural gas (CNG) and cement sectors has been restored after the completion of dry docking and Floating Storage and Regasification Unit (FSRU) at the Karachi Port. Dry docking completed and original FSRU restored. This time ahead of schedule also. Just 66 hours of gas curtailment in some sectors that are being restored from tonight. Zero interruption on power side. All Pakistan CNG Association (APCNGA) group leader Ghayas Piracha said that…

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The government is all set to fully implement the first ever National Cyber Security Policy 2021 by end of June 2022 to monitor, detect, protect and respond on time to the international threats against the country’s digital ecosystem. The policy would enable the country protecting against cyber attacks like the one the Federal Board of Revenue (FBR) faced very recently. Dr Muhammad Sohail Rajput, Federal Secretary (IT & Telecommunication), said on Thursday the Federal Cabinet approved the policy on July 27, 2021. The policy implementation is on the stage that…

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The Senate Standing Committee on Planning, Development and Special Initiatives on Thursday directed the China Pakistan Economic Corridor (CPEC) Authority to complete the under implementation projects on fast-track basis by regaining the confidence of the Chinese companies. “According to my sources, the Chinese are not happy with the current progress of CPEC projects as they have approached me to help remove the bottlenecks,” Chairman of the Committee Senator Saleem H. Mandviwala said. The chair asked Special Assistant to Prime Minister on CPEC Affairs Khalid Mansoor to take responsibility of early…

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A Senate standing committee has asked the government to implement the China-Pakistan Economic Corridor (CPEC) projects on a fast-track basis, adding that Beijing is “not happy with the current progress,” stated a report The Senate Standing Committee on Planning, Development, and Special Initiatives held a meeting in which the committee’s chairman, Saleem Mandviwalla, said that the Chinese had approached him to get the project implemented quickly. “According to my personal sources, the Chinese are not happy with the current progress of CPEC projects as they have approached me to help…

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