Author: Admin

Global LNG: Asian spot prices slip on muted demand, ample supply

Admin

SINGAPORE: Asian spot liquefied natural gas (LNG) prices slipped this week on muted demand and ample supply, with the delivery of an LNG cargo from a sanctioned Russian project adding to supply concerns. The average LNG price for October delivery into Northeast Asia was at $11.15 per million British thermal units (mmBtu), down from $11.40/mmBtu last week, industry sources estimated. “LNG market sentiment remained calm with arbitrage for U.S. cargoes still Europe-bound. Major Northeast Asian buyers have limited interest in prompt cargoes due to high stocks and a relatively loosened…

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MD SNGPL for ensuring uninterrupted gas supply

Admin

LAHORE: Managing Director Sui Northern Gas has advised all the Regional General Managers to remain on station and maintain round-the-clock vigilance to ensure uninterrupted restoration of gas supply in flood-affected areas. Recent floods have caused some damage to SNGPL’s distribution infrastructure in Swat, Mardan, Sialkot, Rawalpindi, Gujrat and other regions, affecting gas supply to approximately 3,383 consumers and damaging around 7,480 meters of distribution network. Swift mobilization of field teams has enabled restoration of gas supply to over 90 percent of affected areas in Mardan Region, while in Swat and…

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Flood-hit areas: PD issues report on power restoration progress

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ISLAMABAD: Power Division has issued a report on progress in power restoration in flood-affected areas. According to the report released by the Power Division, in the Peshawar Electric Supply Company (PESCO) region, 12 grids and 91 feeders were affected in Swat, Buner, Shangla, Swabi, and D I Khan, according to the Power Division report. Out of these, 79 feeders have been fully restored and 12 partially restored, says the Power Division report. In Gujranwala Electric Power Company (GEPCO)-managed areas — Sialkot, Narowal, Wazirabad, and Hafizabad — 10 grids and 86…

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Solar power vital to protect Pakistan from Floods and Climate Change: Punjab Governor

Admin

The Governor of Punjab Sardar Saleem Haider Khan has said that the renewable energy is the answer to environmental degradation causing climate disasters in the country.“The solar is the best energy source to preserve the environment in view of the current climatic conditions and prevent natural disasters like floods in Pakistan,” he said while addressing a seminar at 2nd International Solar Power Conclave and Technology Excellence Awards 2025, organized by Energy Update in collaboration with Private Power & Infrastructure Board (PPIB), Pakistan Solar Association (PSA), Pakistan Alternative Energy Association (PAEA),…

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FPCCI Welcomes Thomas E. Schultze as the Consul General of Germany in Karachi Atif Ikram Sheikh, President FPCCI

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FPCCI

Consul General of Germany in KarachiAtif Ikram Sheikh, President FPCCI Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has said that the newly-appointed Consul General of Germany in Karachi, H. E. Mr. Thomas Eberhard Schultze, has apprised the business, industry and trade community from the apex platform of FPCCI that the business visas will be given priority in the visa issuance to Pakistani citizens as economic relations top the agenda. Atif Ikram Sheikh stressed that Pakistan has the world’s best textiles and related products; and, Germany should welcome the textile exporters…

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