Year: 2021

Sindh Minister for Energy Imtiaz Shaikh on Tuesday said that gas crisis in the country has intensified, while the federal government has no capacity to import RLNG to mitigate the forthcoming challenges. Addressing a press conference at Sindh Assembly, he said that federal government is not capable to do anything good for the people. The country is bound to face the gas crisis in winter while the government will ask the people to gather firewood quickly as an alternate of gas in the winter season. He said Sindh despite producing…

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Sindh Governor Imran Ismail along with United States Consul General, Mark Stroh on Wednesday inaugurated the 220 kV grid station Jhimpir-I. This investment from the United States would add 780 megawatts (MW) clean energy generated by wind power plants to the national grid of Pakistan, he said. The Governor Sindh, while appreciating the cooperation and financial support extended by USAID in power sector of Pakistan, stressed the need for greater interaction and dialogue between public and private sectors to promote the cause of clean power generation in the country. “Wind…

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In a new development, the government-owned company Pakistan LNG Limited (PLL) has again asked the private sector to import LNG for December, January and February amid high spot prices by using its unutilized re-gasification capacity in the range of 240-385 confirming the bitter fact that the country is going to have a massive shortfall of gas. This is the second time that the private sector has been asked to import LNG as the PLL earlier in September 2021 had invited bids from private parties to import LNG for the month…

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Prime Minister Imran Khan on Wednesday announced a Rs120 billion relief package providing subsidy on essential food items but warned people of another increase in petroleum prices in the near future. In an address to the nation, the prime minister promised to reduce prices of food items by 50 per cent if the opposition leaders’ families brought back even half of the money to the country they had looted over the last three decades. He gave a detailed comparison of prices of oil and essential items in the world with…

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According to Petroleum Division, during the first meeting of expert panels of the China-Pakistan Subgroup on Cooperation in the Oil and Gas Sector, both sides agreed that the China Petroleum Planning and Engineering Institute, along with an expert panel of the Ministry of Energy (Petroleum Division) and its organizations /Companies shall jointly study and prepare the Development Plan for Pakistan’s Oil and Gas Industry. The main objective of the plan is to assist the Energy Working Group of China-Pakistan Economic Corridor (CPEC) in finalizing its investment for the development of…

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