Sindh CNG stations closed for unidentified period

In the wake of worsening gas crisis in the country, Sui Southern Gas Company (SSG) on Monday announced to suspend gas supply to Compressed Natural Gas (CNG) filling stations across Sindh for an unidentified period from 22nd of June, ARY News reported. According to a spokesperson of Sui Southern Gas Company (SSG), gas supply to CNG stations in Sindh will be suspended for an unidentified period on the directions of the federal government from tomorrow. On the other hand, All Pakistan Petroleum Retailers Association’s office-bearer Sumair Najmal Hussain confirmed that…

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Illinois coal plants are closing even as fossil fuel objections stall energy bill again

Dulce Ortiz teared up during a virtual press conference as she recalled the family dinners and birthday celebrations she’s missed because of her dedication to the seemingly endless campaign to close the coal-fired power plant in Waukegan, Illinois. The surprise announcement on June 17 that the plant will close in 2022 was bittersweet for Ortiz and other members of the group Clean Power Lake County. It came just after a sweeping state energy bill yet again failed to pass, leaving in doubt “just transition” provisions that Waukegan residents say are…

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High gas prices fuel rise in SPP coal-fired power as wind generation flags

In the independent system operator’s territory, wind has generated an average 212,900 MWh, and captured about 26% market share in the generation stack this month. In May, the renewable generated an average 260,600 MWh in SPP, more than 40% of the total market, ISO data shows. As wind speeds ebb, generators across the Midcontinent appear to be opting mostly for coal as a backup fuel. In June, coal power has yielded an average 324,100 MWh, representing about 40% of the ISO’s generation. That’s up from an average 196,200 MWh and…

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Gulf states show ‘limited’ progress kicking oil & gas dependency

The latest report from credit ratings agency Moody’s found that despite ambitions to diversify Gulf economies away from fossil fuels, the results have been ‘limited’ and efforts will be constrained by lower oil prices. The clock is ticking for Gulf economies to end their overreliance on fossil fuels, as more countries around the world pour resources into accelerating their transitions to green energy and a low carbon future. But a report released on Monday from credit ratings agency Moody’s found that despite Gulf Cooperation Council (GCC) states announcing ambitious plans…

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CCI approves National Electricity Policy 2021 to reform power sector: Hammad Azhar

Federal Minister for Energy Hammad Azhar said on Monday that the Council of Common Interests (CCI) had unanimously approved the National Electricity Policy 2021 to streamline matters related to the power sector. “It is a historic time [for the country] as we have succeeded to formulate a national electricity policy which will have its impact in the next five to ten years when our next generations will get inexpensive and eco-friendly electricity, mainly depending on local fuels,” the minister told a news conference. Flanked by special adviser to the Prime Minister…

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Webinar highlights importance of Pakistan’s SEZs for Prospective Chinese investors

The importance of Special Economic Zones being constructed in Pakistan for prospective Chinese industrialists and businesses as being a lucrative business opportunity was highlighted at a webinar. Dynamic DEA Ltd successfully conducted the webinar to strategically discuss Progress on Special Economic Zones and related Chinese industrial relocation to Pakistan. Owais Mir, CEO of Dynamic DEA Ltd, began the webinar by presenting the current standings and benefits of industries of the Special Economic Zones to well-known Chinese enterprises. The webinar was moderated by Ms. Zoon Ahmed Khan in Beijing and Ms.…

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CNG stations may get no gas as crisis worsens

The gas crisis in the country has worsened as Sui Southern Gas Company (SSGC) has decided to disconnect supply to CNG stations and industrial units. According to sources privy to the matter, two gas fields in the Sindh province, Kunnar Pasakhi and Gambat gas fields have been shut for repair works, worsening the already strained supply. “The SSGC after the closure of these two gas fields is facing up to 40 percent shortage in gas supply,” they said, adding that the SSGC has a requirement of 1260 mmcfd, however, it…

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Karachi industry seeks restoration of gas supply

Industrial activities come to a standstill in the financial hub of the country due to suspension of gas supply by the Sui Southern Gas Company (SSGC), which may affect industry to meet export orders. Site Association of Industry (SAI) President Abdul Hadi expressing concern over the non-supply of gas to the industries of the Site Area, said that SSGC has suspended the gas supply to the industries, as a result, the gas crisis has intensified and the production activities have come to a halt and many industries have been shut…

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Mismanagement in liquefied natural gas business

Inefficiency and mismanagement in the liquefied natural gas (LNG) business has burdened Pakistani consumers, who are forced to pay an extra billions of rupees. In a recent deal, Pakistan LNG Limited (PLL) put an additional burden of around Rs30 billion by rejecting an offer of the Azerbaijan state firm, Socar, and from one of the Gulf-based producers that were submitted earlier this year. PLL recently floated bids for nine LNG cargoes at the highest price of over $10 per mmbtu, which accounts for 16-17% of Brent crude. Moreover, it refused…

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Power sector: the regulatory discontent

Public hearings were held by the National Electric Power Regulatory Authority (Nepra) recently on the Indicative Generation Capacity Expansion Plan (IGCEP) and allied issues. There was considerable controversy and discontent. There are two major issues that are under deliberation these days, which have a bearing on each other: Competitive Trading Bilateral Contract Market (CTBCM – a competition framework in the power sector) implementation issues and IGCEP. Recently, in this space, we discussed some of the issues that impinge on the accuracy and credibility of IGCEP. In the recent public hearing,…

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