Category: Highlights

Kabul, (APP – UrduPoint / Pakistan Point News – 14th Feb, 2021 ) :Dozens of oil and gas tankers carrying millions of dollars’ worth of fuel caught fire on Saturday, creating an inferno at Afghanistan’s biggest trade crossing with Iran, officials said. The blaze broke out in the early afternoon at islam Qala port, 120 kilometres (75 miles) from the western city of Herat, engulfing the tankers that were parked nearby after crossing the border. “There were between 200 and 300 fuel tankers there and we managed to save some,…

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KARACHI: Spokesperson of Sindh Government and Advisor for Law, Environment and Coastal Development Barrister Murtaza Wahab has criticized Oil and Gas Regulatory Authority (Ogra) for its proposal to increase price of petroleum products to up to Rs16. He said that the hike in price of petroleum products was nothing but a nuisance to the people. He said that the selected government is bent on ending the relationship between the body and soul of the people. “The increase in the price of electricity is an anti-people move and the irony is…

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ISLAMABAD: The circular debt is set to alarmingly increase up to Rs4,936 billion by financial year 2025 with an increase of 2.04 times from the current level of Rs2,400 billion, highlights the report on Pakistan’s Power Sector Circular Debt Causes, Consequences, and Remedies prepared by Pakistan’s leading economist Sakib Sherani of Macro Economic Insights (MEI). Sherani served as Member, Prime Minister’s Economic Advisory Council, and Principal Economic Adviser, Ministry of Finance, Government of Pakistan. The stock of circular debt is still projected by MEI to increase to over Rs3,000 billion…

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KARACHI: Karachi’s Red Line BRT project will be using bio-methane made from cow dung to fuel more than 200 buses. The biomass fuel project is supported by the Asian Development Bank (ADB) and can be harnessed to power vehicles on the roads of Pakistan’s biggest city. The Express Tribune’s Fatima Sheikh sits down with Masood Alam Farooqui, an expert on renewable energy, to discuss sustainable transport and how exactly cow dung would help run the buses of the Karachi Breeze Red Line.

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THE “landscape” of the South Caucasus has now been drastically changed with the “miraculous” victory of Azerbaijan over Armenia. The “largest” economy of the South Caucasus in terms of GDP has been further advanced in terms of “diversification” of energy resources (production, supply, route) and socio-economic development. It has successfully changed the “energy map:” of Eurasia. The Republic of Azerbaijan has once again achieved another “milestone” by “supplying” natural gas to Europe through the “Trans Adriatic Pipeline (TAP)”. It is indeed a “giant step” towards greater “regional energy” “security” and…

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