Turkey has opted to defer until 2024 as much as $600 million in payments to Russia for natural gas deliveries, anonymous sources told Reuters on Wednesday. Last week, Turkey’s Energy Minister Fatih Donmez said that the country had reached a deal with Russian gas giant Gazprom to defer part of the payments
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Pakistan, Iran to Revive Gas Pipeline Project
Pakistan and Iran on Wednesday agreed to explore new avenues of collaboration in the fields of aviation including direct flight, revival of gas pipeline project and expansion of trade between the two nations.
Read MorePakistan Keen to Pay For Russian Oil Imports With Chinese Yuan
Pakistan has placed an order for a single cargo of Russian oil, but is keen for a long-term deal to buy the crude in Chinese currency, according to the country’s power minister.The payment for the first shipment has been made in US dollars but Pakistan would like further purchases to be in made in yuan,
Read MoreSolis Launches S6 Advanced Power Hybrid Inverter with Impressive Features and Functionality
Solis, a global leading manufacturer of solar & energy storage solutions, has announced the launch of their latest product, the S6 Advanced Power Hybrid Inverter. With an emphasis on generator connectivity and multiple input methods, the S6 offers automatic UPS switching and up to 10 seconds of 200% surge power backup overload capability. One of the unique features of the S6 is its support for both 1-phase and 3-phase flexible connection with a maximum of 48kW in parallel. Additionally, the S6 can handle up to 190A max charge/discharge current and…
Read MorePrime Electricity Users: APTMA Seeks New Power Tariff Structure
All Pakistan Textile Mills Association (APTMA) has sought new power tariff structure for prime electricity users considering their specific needs and constraints after the government severed concessional tariff for the textile industry as a prior condition of still stalled ninth review of International Monetary Fund (IMF).
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