Category: Recent Post

The federal government drew the ire of its political rivals on Saturday after it raised the price of petrol by Rs10.49 per litre and that of high speed diesel (HSD) by Rs12.44 per litre. According to a notification issued by the Finance Division, the new price of petrol, effective from Oct 16 (today), is Rs137.79 per litre while high speed diesel will sell for Rs134.48. Meanwhile, the prices of kerosene and light diesel oil (LDO) were increased by Rs10.95 and Rs8.84 per litre respectively. The new price of kerosene is…

Read More

By Dr. Shahid Rahim The writer is a freelance consultant specializing in sustainable energy and power system planning and development. He can be reached via email at: msrahim@hotmail.com NEPRA has recently issued its flagship annual State of Industry Report 2021 (“SIR21”). The purpose of such reports generally is to provide an overview of the regulated business, summarize the major developments during a specified period, state the regulator’s position on key issues facing this business, and offer insight into its approach to regulating this business in the future. From this perspective,…

Read More

Good things tend to happen to the global economy when copper rises and bad things when its price falls on global metal exchanges. That is why Wall Street lore has given copper a PhD in macroeconomics; because its price trends predict turns in the global economic cycle ahead of time, making it a rare leading indicator. Since it is used in most sectors of the economy, like homes, factories, electronics, power generation and transmission, Dr Copper usually provides a more accurate reading of the global economy’s pulse than most central…

Read More

ussia plans to boost the production of liquefied natural gas (LNG) to 140 million tonnes per year by 2035 and take 20% of the global market, President Vladimir Putin said on Wednesday. “By 2035, we expect to increase the LNG production in Russia to 140 million tonnes per year, as well as strengthen our position in this dynamic market, occupying about 20% due to low production costs and competitive logistics,” Putin told the Russian Energy Week event.

Read More

During a virtual conference entitled, ‘Biogas: Driving the transition from fossil to green’ – hosted by the World Biogas Association and the World LPG Association, – bio-liquefied natural gas (bio-LNG) and its role in the maritime industry was discussed by Benoit Duee, Commercial Director at FOSMAX LNG. As countries across the globe take aim at reaching Paris Agreement targets and achieving net-zero goals, alternative fuels have seen widespread adoption in multiple industrial sectors. One such sector, the maritime industry, has been utilising the benefits of LNG for some time, with…

Read More