EXECUTIVE SUMMARY: The recent blockage of the Suez Canal by the Ever Given tanker demonstrated the vulnerability of maritime chokepoints. The importance of maritime lanes to global trade makes them highly susceptible to interference and sabotage by terrorist organizations and rogue states. Global cooperation is essential to prevent such threats. The Ever Given, the massive tanker that recently blocked the Suez Canal for a few days, sharply illustrated the vulnerability of international maritime trading routes to disruption, both accidental and deliberate. Several chokepoints along essential maritime routes are ripe targets for…
Read MoreYear: 2021
OGDCL discovers gas from Jandran X-04 well
Oil and Gas Development Company Limited (OGDCL) as operator (100 percent) of Jandran Exploration Licence has discovered gas from its exploratory well Jandran X-04, which is located in District Barkhan, Balochistan. According to material information sent to Pakistan Stock Exchange on Monday, the structure of Jandran X-04 was delineated, drilled and tested using OGDCL’s in-house expertise. The well was drilled down to the depth of 1200m into Parh Limestone. Based on Wireline logs data successfully DST was carried out in Mughal Kot Formation wherein the Well tested 7.08 million standard…
Read MoreGovt, KE to sign agreement for supply of 2,050MW to Karachi
ISLAMABAD: While de-linking the past payables and receivables worth hundreds of billions of rupees, the government and the K-Electric have agreed to sign a new power purchase agreement (PPA) for supply of a total of 2,050MW to Karachi — instead of historic 650MW — under which the government would make timely payment of tariff subsidies and the KE would clear its power bills through standby letters of credit (SBLC). In doing so, the government has made a commitment to also sign a separate agreement for payment of market-based mark-up on…
Read MoreChinese RNL Technologies plans to produce EV chargers in Pakistan
Chinese Company RNL Technologies plans to start manufacturing electric vehicle (EV) chargers in Pakistan, said Owais Mir, CEO of Dynamic Engineering and Automation. Mir told China Economic Net that Dynamic Engineering and Automation has signed an MOU on Tuesday with one of the largest EV charger manufacturers and suppliers in China RNL Technologies and has sole representation of them in Pakistan. “RNL is willing to help DEA in every way possible to establish and grow this sector in a sustainable manner in Pakistan. DEA has already had a vast experience…
Read MoreOpen Letter to PM Khan: Stop Civil-Military Bureaucracy from derailing China Relations
Your assessment ( the western media and countries …..want to see a powerful India to tackle the growing (military and economic) threat of China” ) is unambiguous and candid. Your conclusion (I must sayit is a futile effort on the part of New Delhi. India will end up suffering (more) in the process) also sounds realistic. These thoughts on India and China came across as a recognition of the geo-politics currently playing out in the region, particularly since US President Joe Biden’s near open declaration of contest with an “assertive China” in his April 24 speech. People also remember your interviews in which you categorically…
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