Month: May 2024

Pakistan Seeks Chinese Support for Hydropower Projects and Energy Investment

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ISLAMABAD – Pakistan is actively engaging with Chinese leadership to revive over 1800 megawatts of hydropower projects (HPPs) and attract fresh investment from Chinese companies in the country’s transmission and distribution network. This effort is part of the second phase of the China-Pakistan Economic Corridor (CPEC), aimed at bolstering energy infrastructure and collaboration. Efforts are underway to convene a meeting of the Joint Cooperation Committee (JCC) of the cabinet on May 22-23 to ensure the success of Prime Minister Shehbaz Sharif’s upcoming visit to Beijing early next month. A high-level…

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K-Electric’s Proposed Fuel Adjustment Charges Met with Resistance

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karachi-electricity

ISLAMABAD – The National Electric Power Regulatory Authority (Nepra) confronted K-Electric’s request for an additional fuel cost recovery of up to Rs18.6 per unit from its consumers over the past nine months. During a public hearing led by Nepra’s Sindh member, Rafique A. Shaikh, key consumer groups and trade bodies strongly opposed any tariff hikes until consumers receive approximately Rs75 billion owed to them, currently blocked by legal challenges initiated by K-Electric. Major concerns raised during the hearing included questioning the legitimacy of provisional fuel cost adjustments (FCA) based on…

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POGEE 2024: Energy Sector’s Premier Exhibition Inaugurated in Lahore

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Lahore, Pakistan: The 18th edition of the Pakistan Oil, Gas & Energy Exhibition (POGEE) kicked off with great fervor at the Lahore Expo Centre, showcasing the latest advancements in Oil, Gas, and Power technologies. This year’s event, held alongside the 15th Safe Secure Pakistan (SSP) exhibition, witnessed a notable gathering of industry leaders and participants from both national and international spheres. The ribbon-cutting ceremony, a symbol of the event’s commencement, was graced by esteemed personalities including Mr. Zaki Aijaz, Vice President of the Federation of Pakistan Chambers of Commerce &…

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LNG case and other travesties

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LNG-CASE

LNG case and other travesties February 27, 2025 LET’S take some names today. Former prime minister Shahid Khaqan Abbasi is owed an apology now that the so-called National Accountability Bureau (NAB) has withdrawn its case of alleged corruption in the LNG deal of 2015. All co-accused in that case are also owed an apology: former finance minister Miftah Ismail who had his home raided by the police, Sheikh Imran ul Haq the former managing director of Pakistan State Oil who spent time in jail without even knowing what his crime was, Agha…

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OGDCL Announces Commencement of Oil, Gas Production from Well Togh-2 in Kohat

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OGDCL-new

ISLAMABAD: Oil & Gas Development Company Limited (OGDCL), the operator of the Togh and Togh Bala Development and Production Lease (D&P.L), on Thursday announced the successful commencement of production from the Togh-02 well from Lumshiwal-I Formation. The well is situated in the Kohat district of Khyber Pakhtunkhwa.The Togh-02 well is currently contributing 70 barrels of condensate and 8.0 Million Standard Cubic Feet per Day (MMSCFD) gas, into SNGPL’s network. OGDCL remains steadfast on its core objective of adding to shareholder value through growth oriented business strategy. Production from the well…

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