Year: 2022

With LNG Momentum and More Cold Coming, February Natural Gas Futures Forge Ahead

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NGI’s Spot Gas National Avg. dropped $1.280 to $5.510 as prices pulled back sharply in the volatile Northeast amid a spate of moderate weather to start the week. NatGasWeather said forecasts showed mild conditions would push across the country through Wednesday. However, heating demand “is still on track to spike late this week as an Arctic blast sweeps across the Midwest and East with areas of snow” and subzero temperatures. This is to be “aided by lows of 20s and 30s into portions of the southern United States. A reinforcing Arctic shot…

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BRI & changing geopolitics | By Dr Mehmood Ul Hassan Khan

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GEO-economy has become the “mantra” of every government in the world. Now Chinese “shared prosperity” and the US & West “hegemonic concepts” are competing to sway the hearts and souls of the people. China’s posture is open, transparent, unconditional, interactive, productive and participatory. Whereas, the US and the West are giving mixed signals pertaining to their obsession of military might, economic superiority, global outreach and so-called democratic philosophies and human rights prophecies but have not yet been borrowed these means of survival to other developing countries. However, One Belt One…

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China to lead Asia’s oil and gas transmission pipeline length additions through 2025

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China is expected to lead the trunk/transmission oil and gas pipelines network in Asia, accounting for 39% of the region’s total pipeline length by 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Oil and Gas Pipelines Industry Outlook to 2025 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Pipelines’, reveals that the total length of Asia’s trunk/transmission pipeline network is expected to be 243 772 km by 2025 with the operational start year being December 2021. China leads with 95 709…

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Korea: Researchers champion LPG as a green alternative bunker fuel

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A recent study conducted by researchers from Korea Maritime and Ocean University shows that using liquefied petroleum gas (LPG) could reduce air pollution, is low-cost, and is applicable regardless of ship size. “Although LPG is a potential eco-friendly alternative, its viability as a maritime fuel has not been assessed so far,” noted Korea Maritime and Ocean University in a joint statement on Wednesday (12 January). Considering the current economic feasibility vis-à-vis the regulatory laws and the available technology, LPG is a viable eco-friendly alternative fuel. Given its advantages and market…

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Renewable energy policy: provinces

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The approval of the Indicative Generation Capacity Expansion Plan (IGCEP) 2021-30 marked a major milestone for the development and planning of power sector. The approval itself was shrouded in controversy, with the Sindh representative opting to withhold his approval and subsequently Sindh government openly challenging this approval process. Nevertheless, it highlighted a key opportunity for growth in the energy sector: the need for provincial autonomy when it comes to power planning. Article 157 of the constitution of Pakistan authorises provinces to “construct power houses and grid stations and lay transmission…

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