The impact of the global energy crisis following the Russia-Ukraine conflict and the previous regime’s failure to take prudent steps had led to the fears that the nation would experience the worst-ever gas crisis during the ongoing high-demand winter season. Everything is not alright, however, the current coalition government’s multi-faceted strategy to tackle the situation seems working and so far…
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The Chinese company CIHC Pak Power Company Limited (CPPCL) working on 300MW Gwadar coal fired power project has termed the proposal for import of electricity from Iran to Gwadar and the proposed 600km 500KV transmission line from Hub to Gwadar as unreliable, susceptible to blackout due to technical or security concerns, which does not give investors the confidence to invest…
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The National Accountability Bureau (NAB) has initiated inquiry into irregularities in Thar-Coal water project. The Supreme Court had directed the accountability watchdog last year to investigate the corruption charges in the project. The NAB Karachi in a letter to the Secretary Sindh Irrigation Department has demanded record of the project. The NAB has asked about the record of the spending…
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A large number of villagers staged a demonstration on Wednesday in protest against mining companies, accusing them of illegally appropriating over 9,000 acres land in their settlements for laying a pipeline from Nabisar to a reservoir in Weejhiar area within Thar coalfields without paying compensation to landowners. The protesters’ leaders complained to media persons that their land in 30 villages…
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The federal cabinet on Wednesday approved the decisions taken in the meeting of the Cabinet Committee on Privatization (CCoP) to hire a firm for giving Roosevelt Hotel in New York on lease. The Express Tribune had reported that the committee in its meeting held on Monday had asked the privatisation commission to appoint a financial adviser for leasing the hotel…
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The federal cabinet Wednesday decided to expedite the process of consultation with all stakeholders, including the provincial governments to ensure the implementation of the energy saving plan. The federal cabinet meeting which was chaired by Prime Minister Shehbaz Sharif discussed the proposed energy saving plan presented by the Power Division. The meeting was briefed on the consultations conducted so far…
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Russian Energy Minister Alexander Novak said active work is underway for the establishment of the gas hub in Türkiye. ‘Currently, active work is underway with the countries that will participate in the implementation of this project, as well as with consumers in need of Russian gas,’ Novak said in an interview with the Russian state-run TASS agency on Monday. The…
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When a senior government minister of either Iran or Russia says that the two countries are now experiencing a ‘golden age’ in developing relations between them then it’s a pretty safe bet that one or more countries somewhere are going to be in serious trouble pretty soon. Iranian Petroleum Minister, Javad Owji’s, comment was echoed by senior Russian officials, which…
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Winter Storm Elliott, which swept through most of the United States during the Christmas holidays, exposed the vulnerability of the energy system as natural gas and power supplies were strained, wells froze off, and utilities vastly underestimated the power demand during the huge storm. Despite the fact that it wasn’t as prolonged as the Winter Storm Uri of February 2021,…
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