Category: Recent Post

A review of national energy resources shows that the future development and use of resources for power generation will be strongly influenced by the necessity to control environmental pollution. Currently, power generation capacity from all resources is 37,261MW, whereas the demand for electricity continues to grow fast. It is projected to have an installed cumulative power generation capacity of 79,449MW by the year 2040, according to the government plans. It is heartening that total foreseeable energy resources will easily meet anticipated projected requirements for a considerable time. Pakistan has huge…

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Federal Minister for Planning, Development & Special Initiatives Asad Umar has emphasised that the state should own and operate selective enterprises to support economic growth, as the private sector has time and again failed to make necessary investment in potential sectors and played safe in Pakistan. Speaking at a webinar on ‘Role of the State in Economic Development’ organised by Institute of Policy Reforms (IPR) on Saturday, he said these were his personal views and not the policy of the government of Pakistan. “The government has no business of being…

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Special Assistant to the Prime Minister (SAPM) on Petroleum and Power Tabish Gauhar Friday said the Pakistan Tehreek-i-Insaf (PTI) government had devised a multi-pronged strategy to reform the gas sector and meet the country’s energy needs in an efficient manner. “Our government is determined to reform the gas sector and for this purpose, we have devised a strategic workstream that is further divided into three parts; short term, medium-term and long term,” he said in a series of tweets. Under the short term plan of 6-12 months, the SAPM said…

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Just as natural gas has competed with coal as the prime fuel for electricity in the last decades, renewables are putting pressure on the blue, clean-burning source of energy. The competition is fierce and will likely get worse. Yet, it is still too early to discount gas. This was the message at the 36th International Gas Congress in Croatia, where I spoke on Joe Biden’s plan to stop drilling on federal lands. The International Gas Union (IGU), with over 160 members from the U.S. to Qatar, is a non-profit that…

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The Petroleum Division has taken another U-turn in the new draft of the LPG Policy 2021, as it proposed local LPG price of around $80 over the international price. This means that LPG importers will be able to charge $80 above CP price. Saudi Aramco sets its propane term contract price, which is then followed by Pakistan. Now, the Petroleum Division has called a meeting of stakeholders, mainly dominated by LPG importers, on Sunday (today) to discuss the matter. In its earlier notification of the meeting, the Petroleum Division had…

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