Several major countries pledge to phase out coal use

In the fight to curb climate change, several major coal-using nations announced steps on Thursday to wean themselves at times slowly off the heavily polluting fossil fuel. The pledges to phase out coal came on top of other promises made at the UN climate summit in Glasgow, Scotland, that the head of an international energy organisation said trimmed a few tenths of a degree from projections of future warming. Optimism also abounded in relation to the promises on coal, which has the dirtiest carbon footprint of the major fuels and…

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Tokyo Gas considers new term LNG contracts linked to European, US gas hubs

The utility is interested in short- and medium-term supply deals, in addition to the long-term contracts for LNG volumes it currently has with producers in six countries, including the US, Atsunori Takeuchi, senior general manger of LNG optimization and trading, said in a video address to the World LNG & Gas Series Americas Summit & Exhibition in Lake Charles. Tokyo Gas’ expansion of its LNG supply sources has previously included non-traditional contracts. In 2019, for instance, it announced an LNG contract with Royal Dutch Shell that was partly linked to…

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Gas ‘Crisis’ Has Worsened, Claims Sindh Minister

Sindh Minister for Energy Imtiaz Shaikh on Tuesday said that gas crisis in the country has intensified, while the federal government has no capacity to import RLNG to mitigate the forthcoming challenges. Addressing a press conference at Sindh Assembly, he said that federal government is not capable to do anything good for the people. The country is bound to face the gas crisis in winter while the government will ask the people to gather firewood quickly as an alternate of gas in the winter season. He said Sindh despite producing…

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Sindh Governor, US CG Inaugurate 220 KV Grid Station Jhimpir-I

Sindh Governor Imran Ismail along with United States Consul General, Mark Stroh on Wednesday inaugurated the 220 kV grid station Jhimpir-I. This investment from the United States would add 780 megawatts (MW) clean energy generated by wind power plants to the national grid of Pakistan, he said. The Governor Sindh, while appreciating the cooperation and financial support extended by USAID in power sector of Pakistan, stressed the need for greater interaction and dialogue between public and private sectors to promote the cause of clean power generation in the country. “Wind…

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PLL Asks Private Sector to Import LNG for Peak Winter Months

In a new development, the government-owned company Pakistan LNG Limited (PLL) has again asked the private sector to import LNG for December, January and February amid high spot prices by using its unutilized re-gasification capacity in the range of 240-385 confirming the bitter fact that the country is going to have a massive shortfall of gas. This is the second time that the private sector has been asked to import LNG as the PLL earlier in September 2021 had invited bids from private parties to import LNG for the month…

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