Russian LNG market projects are seeking new long term markets with additional LNG Russia’s market share in Europe is expected to remain above 30% (~6.1 TCF Gas sales), rising close to 40% by 2040, as domestic European gas production and supplies from Norway dwindle. (also Russia exporting Gas to China 58 BCF (2 TCF) via pipeline and around 4 MTPA of LNG). In addition, Russian projects are new and has risks: such projects, therefore, selling LNG at discount. Russians always looking for new markets now, else they also had too…
Read MoreYear: 2021
Govt plans to power Gwadar Port with Iranian electricity
The government has decided to start negotiations for importing 70 to 100 megawatt Iranian electricity to power up Gwadar Port, officials said on Thursday. A decision to this effect was taken during a session of Cabinet Committee on China Pakistan Economic Corridor (CCoCPEC), which met under the chairmanship of Federal Minister for Planning, Development, and Special Initiatives Asad Umar. Different options were considered during the meeting for the provision of electricity to the deep sea port as the 300 MW power plant under-construction in Gwadar would be completed by 2023…
Read MoreNation will celebrate 74th Independence Day
The nation will celebrate Independence Day today with renewed resolve to work with the spirit of Pakistan Movement to make the country a true Islamic welfare state. The day will dawn with thirty-one gun salutes in the Federal Capital and twenty-one gun salutes in the provincial headquarters. Prayers will be offered for security and progress of Pakistan and well-being of the people. National flag will be hoisted at all important public and private buildings. The main feature of the celebrations will be a national flag hoisting ceremony at President House…
Read MoreSNGPL’s mobile vaccination drive kicks off
In light of the directives from National Command and Operation Centre (NCOC), the Sui Northern Gas has launched its mobile vaccination campaign. During the campaign, more than 9,000 people have been vaccinated so far. It is pertinent to mention that Prime Minister of Pakistan formally approved the national vaccination campaign on May 31 following which NCOC requested State Owned Enterprises (SOEs) to contribute in the campaign. The SNGPL decided to fully cooperate in this campaign of significant national importance. Managing Director SNGPL Ali J. Hamdani also issued special directives in…
Read MoreGreen Pakistan campaign to bring positive change to climate: Shibli
Federal Minister for Science and Technology, Senator Shibli Faraz Thursday said that Clean and Green Pakistan campaign of Prime Minister Imran Khan would help bring positive change to the climate. “The effects of climate change are affecting the whole world”, Shibli Faraz said while launching a tree plantation campaign in the premises of his ministry by planting a sapling. The federal minister said that planting tree was a national duty and the launch of tree plantation campaign at the Ministry of Science and Technology aims to highlight the importance of…
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