No drilling at Kohlu Block despite passing 30 years to award of exploration license

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Despite passing 30 long years to the award of exploration license of Kohlu Block-28 to Tullow Pakistan, drilling at site could not take place allegedly owing to less attention of the Energy Ministry and Petroleum Division’s Directorate General Petroleum Concession (DGPC). According to sources, Kohlu Block has estimated gas reserves of 16Trillion Cubic Feet (TCF) and this Block 28 was…

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High Energy Prices To Persist In Europe Despite Arrival Of U.S. Gas

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Europe’s energy crunch is far from over, but a flotilla of liquefied natural gas (LNG) tankers from the U.S. are set to resupply the fuel-starved continent. European gas prices fell for the sixth day, the longest decline in more than a year. Even though natural gas prices are retreating from record highs, household power bills, especially in Great Britain, are…

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UAE Looks To Boost Gas Production Capacity With Sharjah Plans

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A cornerstone of the U.S.’s strategy to counter the growing influence of China and Russia across the Middle East via Iran remains the relationship normalisation deal signed between Israel and the UAE. Not only does this provide the U.S. with some element of control over more of the oil coming from the region, to augment that principally of Saudi Arabia, but also…

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U.S. Natural Gas Rise As Colder Weather Rushes In

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U.S. natural gas futures rose this week as colder weather with snow came into parts of the country. Although substantially lower than Asian or European gas prices, U.S. January futures for natural gas rose by 1.7 percent earlier today, to $4.127 per million British thermal units, according to Bloomberg. A day earlier, the contract gained 8.8 percent in the steepest one-day…

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Rs23,911.77m disbursed for Power Division’s projects so far

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The government has disbursed a sum of Rs23,911.77 million for various power division schemes under the annual Public Sector Development Programme (PSDP) for year 2021-22 so far. According to the data, the government has specified Rs69,485.05 million under PSDP-2021-22 for various power projects with Rs40,174 million foreign aid components. An amount of Rs10,520.74 million has been spent on various projects…

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Saudi ambassador, Hammad Azhar discuss energy sector cooperation

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Ambassador of Saudi Arabia to Pakistan Nawaf bin Saeed Al-Maliki called on Federal Minister for Energy Muhammad Azhar on Tuesday. During the meeting, the minister also highlighted expeditious steps taken by incumbent government in energy infrastructure development across the country, said a press release issued. The minister apprised the ambassador of government’s initiatives in energy sector focusing on induction of…

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MD SNGPL Ali J. Hamdani Issues directives on consumers’ complaints

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Sui Northern Gas organized an e-Kachehri at its Head Office. Managing Director SNGPL Ali J. Hamdani listened to complaints of customers and directed relevant officials for immediate resolution of complaints. Senior Management of the Company along with Regional Managers attended E-Kachehri through video conference. Consumers belonging to different areas of Punjab and Khyber Pakhtunkhwa lodged complaints related to gas connection,…

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Power co Facing ‘discrimination’: Norwegian Envoy

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Norway ambassador to Pakistan has lodged a complaint with the Ministry of Foreign Affairs regarding purported discrimination against a Norwegian company which intends to set up a solar power plant. The Ambassador has forwarded a letter of Norwegian Scatec ASA Country Manager Ijaz Anwar to the Prime Minister, highlighting difficulties being faced by the company in the operationalization of MoU…

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