Category: Highlights

Japan does not see immediate impact on its LNG imports from Russia following its March 31 order prohibiting gas supply to countries that have imposed sanctions against Moscow if they refuse to pay for imports in rubles, Minister of Economy, Trade and Industry Koichi Hagiuda said April 1. The METI minister’s comments come as Japan currently does not see the latest Russian order cover LNG, but only a gaseous form of natural gas, a METI source said. Russian President Vladimir Putin signed an order March 31 prohibiting supply of Russian…

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On March 28th, Sungrow, the global leading inverter solution supplier for renewables, signed a 100MW contract with its reliable partner Energy for You during the SOLAR Pakistan Expo 2022. This contract consolidates Sungrow’s leading position in Pakistan’s renewable energy industry. Sungrow also launched two significant products: the ultra-powerful SG350HX and the brand-new generation three-phase C&I inverter SG125CX onsite, which can better explore Pakistan’s tremendous potential to generate power from renewable sources.  Pakistan is a perfect place to develop solar power due to its high levels of solar irradiation, and the…

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Energy “transition” is a buzzword used by many who associate it with the beginning of the end of natural gas to power our communities. For the past two decades, my firm has studied public perceptions related to energy issues using both quantitative and qualitative research across the United States. Over this time, support for the continued use of natural gas has not waned, even as support for strong environmental protections and active steps to address climate change have increased. That’s because people want energy solutions that provide them with a…

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Even before Russia invaded Ukraine, diesel fuel was in short supply due to a drop in global refining capacity.Now, with sanctions on Moscow, Russia’s fuel exports to Europe are down and there is a global scramble for supply that has sent prices to record levels.“When you’re seeing crude rallying, you’ve seen diesel outpacing it just because of supply concerns. We’re already at eight-year lows for distillate inventories,” one analyst said. Even before Russia invaded Ukraine, the fuel that runs the global economy was in short supply. Now some analysts say…

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The World Bank (WB) has said that managing uncertainty and preparing for future crises will be the centre of bilateral meetings with Pakistani authorities and also during IMF/ World Bank spring meeting to be held from April 18-23, 2022. In a letter to Minister for Economic Affairs, Omar Ayub Khan, World Bank’s Vice President, South Asia Region, Hartwig Schafer has hoped that he would have the opportunity to meet him and his delegation on the occasion of Spring Meeting. Schafer intended to visit Pakistani during the last week of current…

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