Category: Highlights

Asia is a goldmine of opportunities and choices for the major powers. Significant location of Pakistan in the region attracts major powers as well. Change in geopolitics with opportunities and choices leads regional states towards decisive shift in their foreign policy. Russia is opening eyes and looking to be a regional hegemon. Although Pakistan and Russia have no history of good relationship but the strategic realities gave birth to the current shift which is much positive for both Islamabad as well as Moscow. Pakistan-Russia has past of adversary but today,…

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CHINA Pakistan Economic Corridor (CPEC) has now become hot topic in the South East Asia and Central Asia regions because of its “trans-regional” importance in terms of a real “pushing force” to achieve immense “socio-economic” prosperity, “regional integration”, food and energy cooperation, poverty eradication, green revolution and last but not the least, “connecting hub”. The CPEC has become a “magnetic force” to promote ties of mutual respect, equal rights of prosperity, community development and positive & productive political consultations in the region and beyond. The “preachers” of disinformation, disintegration, destruction,…

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According to the study, small-scale LNG can offer a cheaper alternativeSmall-scale LNG can be delivered at prices competitive with diesel and LPG used in industry, according to a study released on Tuesday by Council on Energy, Environment and Water (CEEW). Considering a one-way distance of 200 km and the average 2017-18 LNG import price, the study estimates the delivered price of natural gas to be $11.11 (₹815) per million British thermal unit (mmBtu) as compared to the average industrial prices of $24.04 per mmBtu for diesel and $16.62 per mmBtu…

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LAHORE: The Lahore Electric Supply Company (Lesco) is leading rest of the distribution companies (Discos) in receiving applications for net-metering, issuance of generation licences by National Electric Power Regulatory Authority (Nepra) and commissioning of the capacities, said sources. According to reliable sources in the Alternative Energy Development Board, the Lesco has received 2,995 applications with a total capacity of 58785.2 kilowatt till February 28, 2021. Against these applications, the Nepra has issued licences against 2,704 applications with a generation capacity of 50.14 megawatts out of which 2,494 applicants have commissioned…

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On the morning of March 23, the world was shaken by the unfortunate news of the Suez Canal being blocked. At 07.40 local time, the Ever Given ran aground when strong winds blew it off course. The importance of the Suez Canal to global shipping can hardly be underestimated. Pundits were quick to point out the blockade’s effect on global supply chains. Energy prices were anticipated to be impacted too. However, the blockade failed to significantly move oil and gas prices. Taking a closer look at global LNG markets, the…

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