Category: Highlights

Total feedgas deliveries to US LNG export terminals hit its highest level in four months Sept. 12 at 11.3 Bcf/d, based on nominations for the morning cycle; the total Sept. 13 was just shy of that level, at 11.29 Bcf/d, S&P Global Platts Analytics data show. Strong demand in Asia and Latin America was buoying markets. Asian spot LNG prices rose Sept. 13 above $21/MMBtu, in part due to persistent global supply uncertainty. As of early afternoon Sept. 13, there were two tankers moored at Freeport LNG, south of Houston,…

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There is now a broad consensus that unabated coal power generation must be rapidly phased out if the goals of the 2015 Paris Agreement are to be met. The Intergovernmental Panel on Climate Change (IPCC) sees coal use falling by around four-fifths this decade on a 1.5C pathway. The International Energy Agency roadmap for 1.5C says unabated coal power should end by 2030 in advanced economies and by 2040 globally. A pivotal first step is ensuring no new coal-fired power stations are built. UN secretary general António Guterres is calling…

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To coincide with the pace of growth in the cement industry, Pakistan International Bulk Terminal (PIBT) has announced it plans to increase its coal-handling capacity at Port Qasim in Pakistan at a ‘marginal cost’ of up to US$70m over 2-3 years. The increase in demand for imported coal is primarily attributed to economic recovery driven by the relief measures taken by the Government of Pakistan (GOP) to mitigate the effects of COVID-19, which include a favourable package for construction, lower interest rates and subsidised loans for housing by the government.…

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The Water and Power Development Aut­hority (Wapda) says it recorded 8,854 megawatts of hydel power generation on Sunday night — the highest peak-hour hydel generation of the year so far, and 1,277MW more than the level achieved on the same day last year. The generation included 4,926MW by the Tarbela hydel power station, which is 38MW more than the ins­talled capacity of 4,888MW. “Last year (Sept 12 night), our maximum hydel generation was 7,577MW that we surpassed on Sept 12 night of 2021 by generating 8,854MW,” Wap­da Chair­man retired Lt…

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The Cabinet Committee on Energy (CCoE) will meet on Monday to discuss the $400m Automated Metering Infrastructure (AMI) project likely to be installed in Islamabad and Lahore. Pakistan has been paying millions of dollars in commitment charges for not using Asian Development Bank’s (ADB) funding for this project that includes a smart electricity meter grid with full communication and data infrastructure, customer care and billing centres. These specialized meters will provide real-time data on such factors as voltage and amperage to servers to be set up at distribution companies. The…

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