Category: Recent Post

The highly coveted and most prestigious forum for the energy sector across the globe, S&P Global Platts Energy Awards announced K-Electric as the winner for its Roshni Baji Women Ambassador Program under the Corporate Social Responsibility – Diversified Program Category. Often described as the “Oscars” of Energy, the 23rd Annual Awards program was held at the Cipriani Wall Street in downtown Manhattan, United States. Out of 190+ companies from 29 countries shortlisted as the finalists, only 20 companies from 11 countries were awarded under 22 different categories. KE made it…

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President of the Federal Petroleum Corporation of Pakistan (FPCCI), Mian Nasser Hyatt Maggo, has welcomed the visit of Masroor Khan, Chairman of the Oil and Gas Regulatory Authority of Pakistan (OGRA), to the FPCCI Headquarters at Federation House in Karachi for a consultative session on the burning issue of increasing gas shortages for industry and end-users. He expressed his surprise at the purchase of LNG at a rate of $30.6 per MMBTU, claiming that this rate will jeopardize Pakistan’s fuel supply security as well as its foreign exchange reserves. Mian…

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Sindh Chief Minister Syed Murad Ali Shah on Monday said that achievements of Sindh government, include power generation from Thar coal, restoration of law and order in post-2008 scenario and establishment of powers plant, construction of roads and bridges on river Indus on PPP mode. This he said while talking to Assistant Superintendents of Police Inspectors (ASP) of Specialized Training Programme at National Police Academy here at CM House. The meeting was attended by Chief Secretary Mumtaz Shah, IG Police Mushtaq Maher, ACS Home Qazi Shahid Parvez, faculty members of…

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The domestic production of high-speed diesel (HSD) and petrol could potentially go up by 60 per cent and 48pc, respectively, leading to a significant foreign exchange saving provided the local refineries operated at optimum capacity. The oil import bill, particularly of refined petroleum products, has been the largest chunk of about 83pc increase in imports in the first five months (July to November) of the current fiscal year, causing unrest among the government’s ranks, as money and share markets nosedived with the start of this month. Adviser to the Prime…

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PAKISTAN’S energy sector is in a total mess, riddled with shortages, inefficiencies, massive debt, dependence on imported fossil fuels etc. We have consolidated different energy-related ministries and institutions under one ministry but failed to develop a comprehensive and integrated policy for ensuring national energy security. The lack of a well-defined national energy strategy also means the absence of a proper mechanism for coordination among different entities, which mostly work in silos and often in opposite directions. Thus, the government has never been able to do more than firefight at times…

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