Category: Shortcode

Pakistan has not run out of gas overnight. At the turn of the 21st century, sufficient gas supplies and sources were available in Pakistan. As per a study by Hagler Bailey, there were limitations on the gas transmission system to lift gas from all the sources, but there was no gas shortage for any segment of the consumers. The said study, however, had a limited scope of finding a market for the newly discovered Miano gas field of Australian multinational OMV. To determine the overall demand and supply situation for…

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 In a new development, Pakistan has restarted talks with Azerbaijan on the latter’s offer made in late 2016 for providing Mogas on credit besides the current negotiations for distressed LNG at an affordable rate, a senior official of the Energy Ministry told The News. Both countries earlier inked an Inter-governmental Agreement (IGA) in 2017 under which Azerbaijan’s state-owned SOCAR was supposed to provide oil and gas products, including furnace oil, petrol, diesel and liquefied natural gas (LNG). SOCAR to this effect had offered two separate credit lines of $120 million…

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The government has decided to link Thar coal and Port Qasim (PQ) with Pakistan Railways network through Rs 58.240 billion project in order to provide bulk transportation facilities as per requirement of the economy. Sources said that the PC-I of the project has been prepared and is expected to be approved soon. They added that the total project cost of Rs 58.240 billion would be financed through Public Sector Development Programme and Annual Development Plan on equal cost sharing basis. The project comprises construction of 105-kilometer long track including 24.58-kilometer…

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Prime Minister Shehbaz Sharif on Wednesday said the government remains committed to diversifying the country’s energy mix, and will put special emphasis on renewable sources, which he termed as the “key to energy security”. The prime minister in a post on Twitter wrote that the federal cabinet has given serious consideration to an energy conservation plan. “The plan will be approved after taking provinces on board,” he said. “Extraordinary times call for extraordinary measures. Its effective implementation will save precious resources & help address energy crisis,” said the prime minister. he statement comes…

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So, energy conservation is the new plan. Nothing was ever seen before, but least needed than ever before. The idea is to have the markets shut earlier and wedding events be over earlier. Well, making the most use of daylight can never be a bad idea. But this being pitched as a solution to tackle the mess Pakistan finds itself in, does not make much sense. That is largely because like most times, there seems to be an issue with problem identification. Electricity generation capacity is not a problem in…

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