Iran, Turkey reach new agreements over gas exports

National Iranian Gas Company (NIGC) has reached new agreements with Turkey’s state-owned BOTAS Petroleum Pipeline Corporation on gas exports to the neighboring country, a senior official with NIGC announced on Sunday. National Iranian Gas Company Dispatching Director Mohammadreza Jolaei said that some expert-level meetings have been held between the two sides and new agreements have been reached. According to Jolaei, with the agreements and coordination made between Iranian and Turkish gas officials, all technical, operational and executive measures for exporting Iranian gas to neighboring Turkey will be finalized within the…

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Pakistan’s beleaguered economy: KSA seems a reasonable solution

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Pakistan offers a world of opportunities due to its geostrategic location, agricultural potential, and wealth of minerals and natural resources. Moreover, it has a burgeoning young population which is almost 60% of the total population and offers a highly potent resource. Why do we then find ourselves in this continually rising debt situation with exports on diminishing lines and imports burdening the back of the country to a breaking point? Pakistan today stands at 108th position among 190 countries as an undesirable destination of an unfavorable investment zone. Pakistan’s economy…

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Low gas pressure irks Pindiites

Low gas pressure irked the residents of different localities of the city for the past few days creating problems for domestic users, especially in the mornings. The residents of Muslim Town, Sadiqabad, Satellite Town, Dhoke Elahi Baksh, Dhoke Khabba, and many other localities have been facing a gas shortage and low gas pressure for the last few days The unannounced gas loadshedding severely affected the daily routine activities of residents. Workers and students are forced to leave home early in the morning without having breakfast due to the unavailability of…

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Senator Musaddik, secretary petroleum visit SNGPL head office

State Minister for Petroleum Senator Musadik Malik and Secretary Petroleum Capt (Retd) Muhammad Mahmood visited SNGPL Head Office in Lahore. MD Sui Northern Gas Ali J Hamdani and Senior Management of SNGPL received the dignitaries. The state minister and the secretary petroleum held marathon meetings with the company’s management aimed at devising solutions to ensure provision of gas supply to the consumers. The company’s management gave comprehensive briefing on key areas of the operations of the company.  Senator Musadik Malik and secretary petroleum while appreciating the company’s initiatives issued directions…

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SA’s energy sector still the G20’s worst carbon emitter – report

South Africa’s energy sector is still the most carbon-intensive among G20 countries, a recent report has found. The Climate Transparency Report 2022, released on Thursday, provides a country-specific analysis of the emissions and efforts to address climate change. The research draws on the expertise and assessments from 16 partner organisations across the G20 countries. It is based on data up until 2021. The report shows that South Africa’s per capita emissions (that is, the average emissions for a person) are 1.2 times greater than the G20 average of 7.5. This…

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