Category: Recent Post

The most recent wake-up call for the Pakistani elite was last week’s mini budget. Nearly every aspect of this mini budget exposes a profound crisis at the heart of what is and what will be Pakistan for the over 110 million Pakistanis below the age of 23. Let’s count some of the more obvious crises to begin with. Shaukat Tarin, the finance minister was left dangling despite a six-month timeline afforded to the good folks that brought him into office in the first place, to convert his status to one…

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Sui Southern Gas Company Ltd (SSGCL) has said that it is facing a shortfall of around 240-250 million cubic feet per day (mmcfd) of gas primarily because of depleting indigenous supplies and constant increase in demand. Clarifying a news report published in Dawn’s Jan 2 issue under the headline ‘Eight-hour gas supply hampering Karachi export industry’, the gas utility said that in January 2021 around 1,010mmcfd average gas was available for supply compared to 940 mmcfd in December 2021. A similar situation is likely to persist in the ongoing month…

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The government’s decision to impose 17 per cent sales tax on solar panels, inverters and related equipment will jeopardise the very essence of the National Renewable Energy Policy which aims to acquire a 30 per cent share of renewables in energy mix by 2030. Pakistan Solar Association chairman Rana Ghulam Abbas said the increase in prices of solar energy systems/equipment is taken as a threat to the progress of the renewable energy sector and all the stakeholders foresee a drastic negative impact on the future of renewable in the country.…

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Draft European Union plans that would allow nuclear and gas energy to remain part of the bloc’s path to a climate-friendly future came under immediate criticism over the weekend from both environmentalists and some governing political parties in EU member nations. In draft conclusions, the EU’s executive commission proposes a classification system for defining what counts as an investment in sustainable energy. Under certain conditions, it would allow gas and nuclear energy to be part of the mix. The plans would have a huge impact on nuclear-fired economies like France…

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Pakistan’s prime oil and gas exploration company, OGDCL has discovered huge oil and gas reserves in the Wali block near Lakki Marwat in KP. The find is being estimated as the biggest one in the last decade, top sources in the Energy Ministry told The News on Sunday. “The Wali block reserves are considered equal or more than the reserves found in the Nashpa field. The Nashpa reserves are equal to 95 MMBOE (million barrels of oil equivalent). Once the Wali block is developed with at least nine to ten…

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