PIA resumes flights to Saudi Arabia to bring back Pakistanis

Pakistan International Airlines (PIA) resumed its flight operation from Saudi Arabia on Monday to bring back Pakistanis willing to leave the Kingdom. A PIA spokesman said that Saudi Arabia had announced suspension of all international flight services on 21st of this month, as part of precautions to avert any possible spread of Covid 19. However, in view of the existent situation, Saudi Arabia has allowed foreign airlines to operate flights and carry non-Saudi passengers outside the Kingdom. Saudi authorities have instructed that the crew of foreign airlines will not be…

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KE Acquisition Possible in 6 Months

China’s Shangai Electric Power (SEP) has expressed a commitment to complete transaction of K-Electric within six months subject to resolution of issues. A meeting, chaired by the minister for privatisation and minister for energy, was held in the second week of the ongoing month on the way forward on issues related to the transfer of K-Electric shares to SEP. Officials from SEP also joined the meeting through Zoom. The Chinese officials shared that once they have clarity on the pending issues, it will take approximately two months to draft a…

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Who Causes Climate Change?

The short answer is: all of us. Doubtlessly, climate change is caused majorly by the oil corporations. However, taking refuge in this mindset that the powerful and rich oil companies are causing this and we all are somehow innocent is a fallacy. It is quite therapeutic, yet self-deceptive, to view oneself as rather the victim instead of the participant in the story of climate change. Science doesn’t lie even if we do not want to hear what it is telling us. It is true that ExxonMobil knew as early as…

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What is behind the LNG controversy?

The last few weeks media has been buzzing with allegations and counter-allegations about import of LNG. Both Dawn and Geo have put a figure of $200 milliom as losses due to delay in procuring LNG. Geo went further and put a figure of $122 billion losses incurred by the PTI government due to this delay and other decisions. The debate Friday night between Former Prime Minister Shahid Khaqan Abbasi and SAPM Nadeem Babar helped clarify many issues. Babar clarified that the 23 cargos of LNG procured in the Nov/Dec/Jan window cost an…

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Call to check coal-based power generation

Islamabad : There was a broad consensus among key stakeholders during a consultative meeting on the need for checking coal-based power generation in the country and diverting 60 per cent of the total energy mix to renewable energy by 2030. The meeting was held at the Institute of Policy Studies to discuss IPS study on ‘barriers surrounding distributed generation’ with IPS executive president Khalid Rahman in the chair. The event was moderated by former water and power secretary Mirza Hamid Hasan and addressed by Asad Mehmood of the National Energy…

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