Author: Admin

Pakistan, Iran Agree to Extend Electricity Sale, Prices Set Between 7.7–11.45 Cents/kWh

Admin
Pak-iran-1

ISLAMABAD: Pakistan and Iran have reached an agreement to extend their electricity sale contract, setting the price range between 7.7 and 11.45 US cents per kilowatt-hour (kWh) after successful negotiations, sources said. The revised agreement is expected to be presented to the Economic Coordination Committee (ECC) of the Cabinet for approval on Tuesday. The previous contract between Pakistan’s Central Power Purchasing Agency–Guaranteed (CPPA-G)/NTDC and Iran’s Tavanir expired on December 31, 2024. Pakistan currently imports 100 MW of electricity from Iran, primarily supplying the bordering districts of Balochistan, amounting to roughly…

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US Solar Installations Surge 49% in Q3 Despite Regulatory Hurdles

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solar-Project

WASHINGTON: The US solar industry installed 11.7 gigawatts (GW) of new capacity in the third quarter of 2025, marking a 49% sequential increase, according to a report by the Solar Energy Industries Association (SEIA) and Wood Mackenzie released on Tuesday. Solar accounted for 58% of all new electricity-generating capacity added to the US grid through Q3, with more than 30 GW installed year-to-date. Most of the gains were driven by utility-scale projects largely completed in the second quarter. The surge comes amid ongoing uncertainty caused by the One Big Beautiful…

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UAE Eyes Major Expansion in LNG Exports Amid Rising Global Demand

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China-LNG

ABU DHABI: The United Arab Emirates (UAE) plans to not only meet its domestic liquefied natural gas (LNG) needs but also significantly expand exports, Energy Minister Suhail Al-Mazrouei said on Monday. Speaking at Abu Dhabi Financial Week, Al-Mazrouei noted that global demand for natural gas is growing faster than investments in new production. He echoed the views of Qatar’s Energy Minister Saad Al-Kaabi, who recently projected that LNG demand will rise to 600–700 million tonnes per year by 2035, driven in part by the soaring energy requirements of artificial intelligence…

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Pakistan Seeks U.S. Support to Accelerate Energy Reforms, Investment

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Awais-Leghari

ISLAMABAD: Federal Minister for Power Awais Ahmed Leghari on Monday met U.S. Ambassador to Pakistan Natalie Baker to discuss ongoing power-sector reforms, future collaboration and investment opportunities in Pakistan’s energy landscape. Leghari urged U.S. support in engaging major development partners and international financial institutions — including the IMF and World Bank — to help remove bottlenecks slowing down sustainable sector growth. He said multilateral assistance was vital for implementing structural reforms and improving overall performance. The minister briefed the ambassador on the Surplus Power Package, designed to stimulate economic activity…

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Govt to End Gas Cross-Subsidy for Households by 2026 as Sector Opens to Private Players

Admin
OGRA-GAS

ISLAMABAD: The government is set to overhaul Pakistan’s gas sector by 2026, ending the long-standing cross-subsidy that kept tariffs low for domestic consumers and shifting to a targeted, budgeted subsidy model linked to income levels. With private investors entering the gas market for the first time, the government has begun restructuring state-owned utilities and phasing out the fixed asset-based return formula under which Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) operate. The Oil and Gas Regulatory Authority (Ogra) has already held licensing hearings for several…

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