Month: February 2025

Asia LNG imports set to drop to 22-month low as Europe surge drives prices: Russell

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lng

LAUNCESTON: Asia’s imports of liquefied natural gas (LNG) are poised to drop to the lowest in nearly two years in February, while Europe’s are set to surge to the second-highest on record. The weakness in Asia shows buyers are shunning expensive spot cargoes, with prices at least 50% higher than what they were this time last year. A milder-than-usual winter across much of North Asia has also dampened demand, and allowed European buyers to bid for cargoes as part of efforts to re-stock the continent’s depleted inventories. Asia, the top-importing…

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PILDAT releases performance evaluation of federal ministers in the first year

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National-Assembly

As the first year of the 16th National Assembly draws to a close on February 28, 2025, PILDAT has looked at how Federal Cabinet members have fared during the year in terms of their presence and performance in the legislature. To evaluate performance of the members of the Federal Cabinet in the Parliament, PILDAT has looked at both the houses of the Parliament: 16th National Assembly that became functional on February 29, 2024 and the Senate of Pakistan which was reconvened after the election of half of its membership on…

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Sindh govt, UNIDO partner to build climate-resilient infrastructure; drive economic recovery in flood-affected areas: Murad Shah

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murad-ali

KARACHI (Feb 24): Sindh Chief Minister Syed Murad Ali Shah has taken a significant step towards poverty alleviation and inclusive rural development by signing a $5 million agreement with the European Union through the Sindh Peoples Housing for Flood Affected (SPHF), initiating the PAIDAR project – a Communal Infrastructure Grant Agreement. In collaboration with the United Nations Industrial Development Organization (UNIDO) and funded by the European Union’s PAIDAR program, the Sindh government is launching initiatives focused on climate resilience and sustainable development. The signing ceremony was held at the Chief…

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SPAR6C Pakistan to Provide Technical Assistance to Lakhodair Landfill in Lahore as Carbon Market Pilot Project

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Carbon market

Lahore, Pakistan, February 21st, 2025 – To support the development of a pipeline of feasible projects in Pakistan for international carbon markets, the Supporting Preparedness for Article 6 Cooperation (SPAR6C) program has announced its intention to provide technical assistance to the Lakhodair Landfill in Punjab province of Pakistan. The announcement was made as part of a visit from representatives of SPAR6C’s donor agency, the German Federal Ministry for Economic Affairs and Climate Action (BMWK) on 21st February 2025.   The announcement was made at the Chief Minister’s Office, Government of…

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