For many years, and as it was pursuing ambitions to become a global LNG exporter, Mozambique has struggled to generate enough energy for its domestic market. We are now about to see an energy revolution thanks to great gas discoveries made by international investors over the past decade. While international technological innovation and skillful know-how will be driving such projects, we must all push for a transfer of knowledge throughout the development of Mozambique’s LNG projects. The need for more collaboration and shared experience among African energy experts is going…
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PD aligns strategy to streamline oil, gas sector in year-2020
ISLAMABAD: Cognizant of the country’s existing and future energy needs, the Petroleum Division (PD), during the year 2020, has aligned its strategy to streamline the matters related to the oil and gas sector. It introduced the ease-of-doing-business plan and took radical measures to ensure a level-playing field for all competitors in the energy sector. For the purpose, as many as 10 unnecessary steps, out of 24, were abolished to encourage investment in the petroleum sector. Recounting the government achievements in the oil and gas sector in year-2020, a senior official…
Read MoreWind power accounts for more than half of UK’s electricity
LONDON: Wind power accounted for more than half of Britain’s daily generated electricity on Saturday in the wake of Storm Bella, according to energy giant Drax. The percentage of wind power in the country’s energy mix hit a record 50.67 per cent on Saturday, the company said over the weekend, beating the previous record of 50 per cent in August. “For the first time ever (on Saturday), amid StormBella, more than half of Great Britain’s electricity was generated by the wind,” Drax Group tweeted. It added: “This is the first…
Read MoreExperts Stress Depoliticising the Energy Sector for Economic Progress
LAHORE: The energy sector should be depoliticized and people having conflict of interests should not be appointed in any of the key posts in the sector. This will helpful for ending the incompetency, nepotism and favoritism from the energy sector and leads to proper development of the sector.These views were expressed by the energy sector experts responding to the questions speaking at a webinar at Lahore Chamber of Commerce and Industry (LCCI) here on Thursday. The energy sector experts including Senior Research Economist Pakistan Institute of Development Economics (PIDE) Afia…
Read MoreFWO to Start Construction of Dadocha Dam in Rawalpindi
The Frontier Works Organization (FWO) will soon begin the construction of the Dadocha Dam near Dadocha Village in Rawalpindi, and construction teams have been mobilized to the execution site along with the machinery. Once constructed, the dam will supply 35 million gallons of water to the residents of Rawalpindi and its adjoining areas every day. The total storage capacity of the dam will be 60,000 acre-feet, while the dead level storage capacity will be 15,000 acre-feet and the live storage capacity will be 45,000 acre-feet. The project is expected to…
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