The oil sales in Pakistan have seen a huge jump of 57% in the month of April 2021. The country recorded sale of 1.67 million tons of oil in the said month, compared to 1.07 million tons in April 2020. The Month on Month (MoM) sales were increased by 13%, from 1.49 million tons in March 2021. During the ten months of the current fiscal year, the overall oil sales were increased by 19% at 15.83 million tons, against 13.34 million tons in July-April 2020. Petrol and Diesel Sales:Coming to…
Read MoreCategory: Highlights
Gen Bajwa says no power on earth can sabotage CPEC
CPEC Authority Chairman Lt General (retd) Asim Saleem Bajwa Tuesday said no power on earth could sabotage China Pakistan Economic Corridor (CPEC) as it was the country’s national project. Addressing a ceremony at Karachi Chamber of Commerce and Industry (KCCI) here, he said CPEC, being a flagship project of the Chinese Belt and Road Initiative, had improved the road connectivity between the two countries and would do so further. On eastern alignment of CPEC, Bajwa said only one section Sukkur-Hyderabad was left that had already been launched by Prime Minister…
Read MoreRussia and China set to ramp up small-scale LNG
Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Russia and China will lead global small-scale liquefaction natural gas (LNG) capacity additions by 2025, according to a report by GlobalData. The report “Global Small-Scale LNG Liquefaction Capacity and Capital Expenditure Outlook, 2021–2025 – Russia and China Lead Global Capacity Additions” signals that global small-scale LNG liquefaction capacity is expected to expand by 30% over the next four years increasing from 33,900 thousand tonnes per annum (ktpa) in 2021 to…
Read MoreStrong Demand For Fresh Graduates In Manufacturing Sector: Ministry
Recruitment of college students graduating this summer is currently underway, with students majoring in energy and power, equipment manufacturing, transportation and logistics emerging as popular candidates, according to the Ministry of education (MOE). This trend reflects strong demand for a new workforce in manufacturing-related industries, the ministry said. The MOE has organized 40 special job fairs for designated regions, industries and student groups since September last year, offering a total of 3.42 million positions. Such recruitment drives for central China’s Hubei Province, once hit hard by the COVID-19 epidemic, have…
Read MorePPL commences commercial gas production from Baneri D&PL
Pakistan Petroleum Limited (PPL) has commenced commercial production of gas from Benari Development and Production Lease. In a statement, PPL the operator of block 2467-16 (Shah Bandar) announced the commencement of commercial gas production from Baneri Development and Production Lease (Benari D&PL) in Shah Banda Block with effect from 3 May 2021. As per details, the block is located in districts Thatta and Sujawal and lies in the southernmost part of the lower Indus basin. Baneri X-1 well in Baneri D&PL is the first exploratory well drilled in Shah Bandar…
Read More