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Chairman National Electric Power Regulatory Authority (NEPRA) Tauseef H Farooqi on Thursday urged the power sector companies to strive hard in improving their performance in the areas of Occupational Health, Safety and Environment (HSE). Addressing at award ceremony, the Chairman highlighted the significance of NEPRA’s drive of “Power with Safety”. He stressed that HSE issues were at the forefront of his priorities and therefore he elaborated that NEPRA being the sole regulator would continue to apply and promote the best HSE practices in the industry. The Authority would also continue…

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The Cabinet Committee on Energy (CCOE) was informed on Thursday that the enhanced demand of domestic consumers would be met through savings from captive power generation. The meeting presided over by Federal Minister for Planning, Development, and Special Initiatives Asad Umar here was informed that the prudent pressure management plan would also be developed to ensure the stable supply of gas to the consumers. The Petroleum Division presented the projected natural gas supply and demand position in the country for the coming winter. During the meeting, Petroleum Division presented a…

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mran Maniar, MD, SSGC has termed the Company’s participation in Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) as an extremely useful one. ADIPEC a premier energy sector event that concluded today in Abu Dhabi kicked if on November 15, 2021. It is hosted annually by Abu Dhabi National Oil Company (ADNOC). MD, SSGC said that finding new suppliers, probing new technologies and exploring investment potentials were among the key objectives behind SSGC’s participation in ADIPEC, along with Pakistan’s five other leading energy sector companies. Imran Maniar said that SSGC…

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Oil and liquefied natural gas (LNG) prices could climb higher this winter as low inventories threaten supply disruption or demand shocks for the market, an official of Vitol (VITOLV.UL), the world’s top independent oil trader, said on Wednesday. Consumption of natural gas, coal and oil has surged as the global economy re-opens from COVID-19 curbs, leading to price spikes and supply crunches that could threaten the recovery. “Most people think about cold winters, and it is true that the last winter in the northern hemisphere reduced (LNG) inventories quite dramatically…

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Prime Minister’s Advisor on Finance and Revenue, Shaukat Tarin has termed liquidity crunch as a major constraint in investment at the moment in oil and gas sector despite high returns, well informed sources told Business Recorder. He shared his views at a recent meeting of Cabinet Committee on Energy (CCOE), during deliberations on development plan of Pakistan’s oil and gas sector. The Petroleum Division briefed the forum on the Development Plan for Pakistan Oil and Gas Sector (2020) and sought approval of the CCoE for the proposed plan. Sharing the plan,…

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