NTDC raises questions over energy conservation target assumptions

National Transmission and Despatch Company (NTDC) has raised questions on energy conservation targets assumptions by the National Energy Efficiency and Conservation Authority (NEECA) in its National Energy Efficiency and Conservation (NEEC) Policy 2022. NTDC, in a letter to NEECA, has acknowledged that energy efficiency and conservation targets are very vital building block for the long-term energy and demand (electricity) forecast.…

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OGRA cuts RLNG Price

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Oil and Gas Regulatory Authority (OGRA) has slashed the price of Re-gasified Liquefied Natural Gas (RLNG) for Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) by $0.20/mmbtu to $15.62/mmbtu and $16.91/mmbtu, respectively for the month April. According to the revised price notified by OGRA, a total of eight RLNG cargoes were received out of which seven…

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PM Shahbaz Sharif chairs meeting on petrol prices

The meeting discussed various measures to control the skyrocketing prices of petrol in the country. The participants of the huddle were briefed on the existing formula relating to fuel prices in the country. It was discussed in the meeting how the government can continue subsidies on petroleum products. The participants also discussed steps to overcome electricity load shedding amid ongoing…

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Credit ceiling raised for oil firms

Banks have revised credit lines for the oil industry to facilitate the import of petroleum products to meet the country’s requirements. Earlier, the Oil Companies Advisory Council (OCAC) – an industry lobby – brought the matter before the State Bank of Pakistan (SBP), asking it to intervene and advise commercial banks to enhance the credit limit for oil companies. OCAC…

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Former Federal Climate Change Adviser cautions new government against launching again imported coal-based power plants in Pakistan

Former Federal Climate Change Adviser, Malik Amin Aslam, has cautioned the newly elected government against launching again new imported coal-based power generation projects as doing so wouldn’t be in the interest of Pakistan. The former Climate Change Adviser expressed these remarks while taking part in a dialogue on “Pakistan’s New Government: the future for Energy and Environment” organised by the…

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