Year: 2021

The foreign and local sponsors of two upcoming merchant LNG (liquefied natural gas) terminals have complained to the prime minister that their projects are facing roadblocks despite approval by all institutional forums and they may not be able to go ahead with their investment plans in the prevailing conditions. Informed sources told Dawn that both sponsors — Tabeer Energy of Mitsubishi Corporation Japan and Energas of three local business groups (Lucky, Sapphire and Halmore) — have reported to the government that they are fed up with bureaucratic wrangling over clear decisions of…

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Federal Minister for Energy has contradicted the State of Industrial Report 2021, published by the regulator, National Electric Power Regulatory Authority (Nepra), in his tweets and in his limited interaction with the media. Interestingly, he is not offering any other version, but just relying on the denial of the content of report and discrediting the media, which is using the report to raise questions on underutilisation of the efficient LNG plants to produce power or violating the merit order. Geo News programme, ‘Aaj Shahzeb Khanzada Ke Sath’, in its show…

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At a time when the country is facing an unprecedented rise in POL prices, the country still has the potential to produce 200,000 oil barrels per day (BPD) and 1.2 billion cubic feet per day gas by launching exploration and production activities of oil and gas where seepages of oil and gas are found in the three federating units of KPK, Balochistan and Punjab. KP and Balochistan are rich with seepages of petroleum products, which is a low hanging fruit but unfortunately, the Petroleum Exploration & Production Policy 2012 (Policy…

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