PLL offers to allocate unutilised capacity of LNG terminal for six months

ISLAMABAD: Pakistan LNG Limited (PLL) has floated a tender and sought bids to allocate idle capacity of LNG terminal to the private sector for a period of six months from February to July this year.The PLL through an advertisement has sought applications from the interested parties to utilise idle capacity of LNG terminal for the six-month period. The deadline fixed for the submission of applications is January 18.As per details, the PLL will have an unutilised capacity of 235 million cubic feet per day (MMCFD) in February, 136 MMCFD in March…

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Net-metering installations reach cumulative capacity of 148MW, study reveals

ISLAMABAD: A study conducted and published by Institute of Policy Studies (IPS) titled ‘Barriers and Drivers of Solar Prosumage: A Case-Study of Pakistan’ states that as of November 2020, net-metering installations in Pakistan have reached a cumulative capacity of 148MW, which contrasts very poorly in comparison with other peer regional countries such as India where distributed generation has exceeded 5GW of installed capacity. The study further observes that strong geographic uneven growth exists across the DISCOs in terms of distributed generation uptake where around 70 percent of growth is concentrated…

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U.S. Renewable Energy Consumption Surpasses Coal For 1st Time In Over 130 Years

In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S. Energy Information Administration’s (EIA) Monthly Energy Review. This outcome mainly reflects the continued decline in the amount of coal used for electricity generation over the past decade as well as growth in renewable energy, mostly from wind and solar. Compared with 2018, coal consumption in the United States decreased nearly 15%, and total renewable energy consumption grew by 1%. Historically, wood was the main source of U.S. energy until the…

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Azerbaijan Makes First Gas Deliveries To Europe

Baku, (APP – UrduPoint / Pakistan Point News – 31st Dec, 2020 ):Azerbaijan said Thursday it started gas deliveries to Europe from the Shah Deniz field in the Caspian Sea, part of a project aimed at reducing European dependence on Russian supplies. The Shah Deniz consortium led by British oil giant BP said in a statement that gas from the field had arrived via the newly completed Southern Gas Corridor (SGC) pipeline system. Deliveries to Europe through the Trans Adriatic Pipeline, the consortium said, “marks the full integration of the…

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OGRA notifies massive raise of Rs16/kg in LPG prices for January

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Thursday notified a record increase of Rs16 per kilogramme in the prices of Liquefied Petroleum Gas (LPG), which will be effective from January 1, 2021. According to OGRA’s notification, the LPG prices for the month of January are raised by Rs16 per kilogramme, raising the price of an LPG cylinder for domestic users by Rs188 and commercial users by Rs722. As per details, LPG will now be available at Rs 148/kg and domestic cylinder will be available at Rs1,741, while commercial cylinder…

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