Author: Admin

ISLAMABAD: Despite Pakistan facing a natural gas and LNG glut, the government is moving towards imposing a captive power gas levy to ensure a “level playing field” between public and private sector gas suppliers. This development comes as Sui Northern Gas Pipelines Limited (SNGPL) continues unannounced rationing for residential and commercial consumers — even in summer — while simultaneously curtailing supplies from local producers. More than 300 mmcfd of cheaper domestic gas has been shut in, forcing producers like OGDCL, GHPL, and others to cut output, causing heavy financial losses…

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Milan, Italy, September 8, 2025 — deugro Milan has successfully delivered 58 kilometers and 3,550 metric tons of Prysmian HVAC subsea cables for the Cyclades IV Interconnector Project, a critical initiative linking the Southern and Western Cyclades to Greece’s mainland grid. To ensure timely delivery, deugro developed a customized, end-to-end logistics solution covering transport from Prysmian’s manufacturing facility in Pikkala, Finland, to the transshipment port of Heraklion, Crete. The scope included a 23-meter-diameter carousel spread, engineering services, spooling operations, and technical personnel. The heavy-lift deck carrier Vestvind was secured to…

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September 8, 2025: Chairman WAPDA Lt Gen Muhammad Saeed (Retd) was called on by World Bank’s Country Director for Pakistan Ms. Bolormaa Amgabbazar to review financial matters of Dasu and Tarbela 5th Extension hydropower projects. It is important to note that World Bank is providing financial support worth US$ 1517 million for under-construction Stage-I of Dasu Hydropower Project and US$ 390 million for Tarbela 5th Extension Hydropower Project. Besides, the World Bank is also funding Institutional Assessment and Reforms Consultancy Services (IARC) for WAPDA. During the meeting, the Chairman appreciated…

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