Category: Highlights

‘SIFC initiatives must trickle down to each province’

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SIFC-initiatives

QUETTA: Initiatives taken by the Special Investment Facilitation Cou­n­­­cil (SIFC) at federal level should have a trickle-down effect in each pro­­vin­ce, Caretaker Prime Minister Anwaarul Haq Kakar said on Tuesday. He was speaking in Quetta at Balochistan’s apex committee meeting, also attended by Army Chief Gen Asim Munir, Federal Interior Minister Sarfraz Ahmed Bugti, Balochistan Chief Minister Ali Mardan Khan Domki, his cabinet members and other senior officials. During the meeting, officials briefed the participants on the revised National Action Plan (NAP), law enforcement operations, anti-smuggling and anti-narcotics operations in…

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PPL achieves production enhancement milestone

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PPL-achieves

Karachi, October 10, 2023: Pakistan Petroleum Limited (PPL) has achieved significant production gain of 13 MMscfd gas and 90 bpd condensate from existing wells through a rigless production enhancement campaign. The company is vigorously pursuing production enhancement utilizing latest techniques and production optimizations efforts. These initiatives were successfully carried out on a number of wells in Sui Gas Field, Gambat South and Hala between June and September 2023. Against the backdrop of maturing producing assets, PPL remains committed to enhancing their production to secure energy for the future.

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KCCI be taken on board to finalize industrial electricity tariff on incremental consumption Gas tariff should be cost-based, cross-subsidization be discontinued: President KCCI

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KCCI-Import

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while welcoming federal government’s willingness to provide cheaper electricity to industries on incremental consumption basis for four months under winter package, urged the government to take KCCI on board for finalizing industrial tariffs based on the cost of service to tackle the issue of cross subsidy for domestic users which is eroding competitiveness of exports.While referring to discussions with Federal Secretary, Ministry of Energy (Power Division) Rashid Mehmood Langrial during his last visit to KCCI, President KCCI said…

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Anatomisation of power tariff

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power-tariff

Power Sector as a whole and specifically the electricity tariff is under discussion every day. All and sundry are challenging the validity and veracity of DISCO billing as being patently unfair. Most of the people consider that they are being unjustly penalised for the inefficiency of Discos and the non-payment culture of huge swaths of areas, where illegal abstraction of power happens too often. The experts on being asked, basically blame the tumbling PKR and the spike in international fuel prices as the culprit. A little foray into the works…

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‘Detached from reality’: anger as Rishi Sunak plans to restrict solar panels

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solar-panel

Climate campaigners dismiss government argument that controversial move will improve food security Rishi Sunak plans to restrict the installation of solar panels on swathes of British farmland, which climate campaigners say will raise bills and put the UK’s energy security at risk. Last year, then prime minister Liz Truss attempted to block solar from most of England’s farmland. The plans were deeply controversial and unpopular, and were dropped when she left office. However, solar panels in the countryside are disliked by many rural Conservative MPs, and the Observer can reveal that Sunak and environment secretary Thérèse…

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