Author: Admin

ISLAMABAD: Pakistan’s power system has received significant relief as electricity generation from hydropower sources surged to 5,000 megawatts during peak hours since April 17, 2026, according to the Power Division. A spokesperson said increased water releases from reservoirs, in line with provincial requirements, enabled hydel generation to reach 5,000MW during peak night hours, easing pressure on the national grid. The situation was further supported by an additional 400MW supply from the southern region, helping stabilize electricity distribution to central areas. As a result, no load management was observed during peak…

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ISLAMABAD: Oil and Gas Development Company Limited (OGDC) has stepped up efforts to unlock value from its stranded and low British thermal unit (BTU) gas reserves, with a renewed focus on accelerating development of the Zin Gas Field. As part of this initiative, OGDC is actively engaging with the Government of Balochistan to explore the utilisation of Zin’s low BTU gas for industrial clusters and fertiliser projects. The move is aimed at promoting regional economic development while bringing underutilised indigenous energy resources into productive use. In a further push to…

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ISLAMABAD/WASHINGTON: Donald Trump has announced an extension of the ceasefire between the United States and Iran, citing a request from Pakistan’s leadership to allow more time for diplomacy. In a statement posted on his Truth Social platform, Trump said the decision followed appeals from Shehbaz Sharif and Asim Munir to delay military action and give negotiations a chance. The ceasefire, initially set to expire this week, will now remain in place until Iran presents a “unified proposal” and talks are concluded. “I have directed our military to continue the blockade…

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ISLAMABAD: The International Labour Organization (ILO) has estimated that around 3.3 million jobs were affected by the devastating floods of 2025 in Pakistan, underscoring the severe impact on livelihoods across key regions. The assessment, covering 14 of the worst-affected districts in Punjab and Khyber Pakhtunkhwa, revealed that the majority of employment losses occurred in nine flood-hit districts of Punjab. Rural areas bore the brunt of the crisis, accounting for nearly 78% of total job disruptions. According to the ILO, the agriculture sector suffered the most significant losses, followed by services…

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ISLAMABAD: Azerbaijan has expressed readiness to supply liquefied natural gas (LNG) to Pakistan as the country scrambles to secure fuel amid growing energy shortages. State-owned energy company SOCAR confirmed that it can begin LNG deliveries immediately upon receiving a formal request from Pakistan LNG Limited (PLL). The offer comes under a framework agreement signed in 2025 between SOCAR Trading and PLL, which enables Pakistan to procure LNG cargoes through an expedited process. “SOCAR is ready to provide LNG to Pakistan as soon as PLL submits a corresponding request,” the company…

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