Energy

  It seems there is a deliberate attempt to create justification for the import of Liquefied Natural Gas (LNG) and bid farewell to Iran-Pakistan (IP) gas pipeline project. This lobbying is being done on the behest of those who have been opposing the project for one or the other reason. The bottom line is to keep Iran and Pakistan at a distance and the efforts have been further enhanced by …

  CNG was introduced in Pakistan to counter high price of fuel. As a new business venture, many businessmen opened CNG stations to reduce the cost of transportation. Import of CNG kit became a wide market and gained popularity in the transport industry. Introduced in mid 1990s no one predicted the issues arising out of CNG supply, which we witnessing today. As the price of fuel based on international oil …

  Prime Minister Nawaz Sharif and former President Asif Ali Zardari finally inaugurated the work on the Sindh Engro Coal Mining (SECMC) project, a joint venture between government of Sindh and Engro Corporation. This marks the beginning of not only clean coal extraction from Thar Coal Block II, however, inauguration also reflects the complete political consensus on Thar Coal, as a sustainable indigenous solution for Pakistan’s energy security. The initial …

  New energy and infrastructure projects in the pipeline The socio-economic and political stability of a country is deeply linked with the strong and stable leadership. If the leaders and their vision is strong and linked with the good or bad of the people, no matter what ever the situation the things are sure to take a shape sooner or later. Pakistan despite having enormous energy resources and a strong …

  One of the most inexpensive energy resources in the country, having the potential to not only make the energy sector self-sufficient but to turn Pakistan into a power exporting country is coal . Around 41 percent of electricity generation is accounted through coal all over the world. Recently, China has agreed to set up four coal fired power stations in Balochistan at the Gadani Power Corridor. This announcement was …

  It is estimated that by 2030 Pakistan would need 113,695MW of energy while its economic prosperity and development was linked with availability of energy for which country needs coal-based power projects to meet energy shortfall. Pakistan’s coal is better than India in terms of heating value, sulfur, ash and moisture. Pakistan needs a large number of coal-based power projects to bridge the widening gap between electricity demand and supply. …

  Presently Brent oil sank to $36.05 a barrel — its weakest since July 2004 — before recovering slightly to $36.56. A worldwide oversupply has dramatically driven down the oil price, with suppliers declining to reach deals to address the glut. Just 18-month ago, in June last year, the price of oil was traded at $115 per barrel. The price of US crude was also recorded down this week, dropping …

  The reliable and steadfast friendship between China and Pakistan is considered as an example all over the world and the economic benefits of this friendship for Pakistan are getting more eminent day by day under the recent agreement of China-Pakistan Economic Corridor investment project signed between the brotherly nations. The rising of China as an international economic power is proving advantageous for Pakistan. Regardless of the detrimental law and …

  During early 1990s in Pakistan, power and transport industry were the key consumers of petroleum/oil having share of 25 percent and 50 percent, respectively in its total consumption. The crude oil prices have shown a record rise in the last few years rendering the oil importing and developing countries to face the serious fall out and economic setbacks. Experts have revealed that the consumption of petroleum/oil has explained an …

  Industrialization is regarded essential for rapid development of the country while the nations, which gave weight to rapid development to industry achieved high rates of development. Pakistan at the time of partition in 1947 had negligible industrial base. Since the division of the sub-continent, the Government of Pakistan has been utilizing all available resources domestic as well as external for rapid development of the manufacturing sector. Pakistan has now …