Ministry gives proposals for slashing LNG prices

ISLAMABAD: The Petroleum Division has proposed that the government should consolidate all LNG terminal and LNG supply contracts in one state-owned entity in an attempt to eliminate multiple margins and extra port handling charges of state enterprises, a move that will slash prices of imported gas by 5% and make it economical for consumers. At present, different entities are dealing with LNG imports and terminals. Pakistan State Oil (PSO), Sui Southern Gas Company (SSGC), Pakistan LNG Terminal Limited (PLTL) and Pakistan LNG Limited (PLL) are dealing with LNG terminals and imports,…

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It’s high time for US firms to invest in Pakistan

ISLAMABAD: US can provide assistance to Pakistan in the energy sector and the details of projects where economic cooperation can be enhanced are being worked on, said US Secretary Commerce Wilbur Ross. Ross said this in a meeting with Adviser to PM on Finance Abdul Hafeez Shaikh during his visit to Islamabad, which came in the backdrop of talks between Prime Minister Imran Khan and US President Donald Trump to boost economic engagements. Speaking on the occasion, Shaikh said that Pakistan and the United States had maintained a durable relationship over…

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Trina unveils two 500 W bifacial solar modules

The Duomax V and Tallmax V panels are equipped with glass-glass and glass-backsheet frames, respectively. Both offer a reported 21% efficiency and orders will be taken from the second quarter on. Trina plans to have a combined 5 GW of annual production capacity for the products this year. The company intends to have 5 GW of annual production capacity in operation for the products this year. Image: Trina Solar ShareIcon FacebookIcon TwitterIcon LinkedInIcon Google PlusIcon WhatsAppIcon Email Chinese panel maker Trina Solar has launched two new PERC monocrystalline bifacial solar…

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Energy sector under acute stress: Nepra

National Electric Power Regulatory Authority (Nepra) said on Wednesday that Pakistan’s energy sector is under acute stress of take or pay mode of contract which have long-term implications. Addressing Energy Week, Nepra’s member, tariff, Saif Ullah Chatha said the purpose of the seminar is to provide a platform for interaction and discussion to combat energy challenges. He was of the view that on one side there is cry of capacity trap and surplus energy and on the other still large areas of the country are without electricity. “The reasons of…

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Pakistan seeks IAEA support to boost N-power programme

ISLAMABAD: Pakistan has sought the support of the International Atomic Energy Agency (IAEA) to strengthen its nuclear power programme as the country is significantly scaling up nuclear power to meet the rising energy demand. To facilitate the rapid expansion of nuclear power, IAEA has amalgamated four of its pre-existing national technical cooperation projects, which supported the regulators, operators, waste managers and non-destructive testers involved in Pakistan’s nuclear power programme, into a single project, according to a press release of IAEA. IAEA’s streamlined support for Pakistan aimed to expand the nuclear…

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