Tag Archives: Energy and Infrastructure

Federal Government Reduces Petroleum Prices

Introduction: In response to the recent decline in international oil prices, the federal government has taken a commendable step by announcing a reduction in petroleum product prices. This move aims to provide relief to consumers who have been grappling with rising fuel costs. Finance Minister Ishaq Dar made the announcement during a press conference, highlighting the significant cuts in the …

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Economic Policymakers Seek Reduction in Electricity Generation Cost by K-Electric

Introduction: Economic policymakers have expressed serious concerns over the high cost of electricity generation by K-Electric (KE) and are seeking measures to reduce production costs. Discussions held at a recent meeting of the Economic Coordination Committee (ECC) focused on the need for a detailed plan to slash the cost of electricity generation and alleviate the fiscal burden. Gas Allocation Policy …

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Advancing Battery Technology: Electrode Degradation Diagnosis

Introduction: Battery technology is a vital aspect of our modern world, powering everyday devices such as smartphones and electric vehicles. However, challenges like fire safety and performance degradation have limited the lifespan and efficiency of lithium-ion batteries. In a significant advancement, a joint research team led by Professor Lee Yongmin of DGIST and Professor Kim Sungsoo of Chungnam National University …

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Pakistan Awards New Exploration Blocks to OGDCL to Boost Hydrocarbon Reserves and Reduce Energy Imports

Introduction The Pakistan government has provisionally awarded two exploration blocks to the state-owned Oil and Gas Development Company Limited (OGDCL) as part of an initiative to discover fresh hydrocarbon deposits and reduce the country’s reliance on energy imports. OGDCL reported that it has been provisionally awarded the Sehwan 2,667-19 block in Sindh and the Zindan-II 3,271-9 block in Punjab, with …

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Pakistan's Energy Trade Ambitions: Eyeing Central Asia and LNG Expansion

Pakistan is actively looking to strengthen its energy trade partnerships, with a specific focus on Central Asia and Turkmenistan. The goal is to establish Gwadar as an international energy hub, attracting investments from China and European countries to set up liquefied natural gas (LNG) plants and facilitate the export of fuel. State Minister for Petroleum, Musadik Malik, highlighted Pakistan’s interest …

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Strengthening Enforcement: Proposed Amendments to Penalize Illegal Oil Storage

Introduction: The Oil and Gas Regulatory Authority (Ogra) in Pakistan is pushing for stricter penalties against the unauthorized storage and handling of petroleum products. Recognizing the potential risks posed by this illegal practice, Ogra has proposed amendments to the Pakistan Penal Code. The proposed changes aim to ensure the safety of human lives and protect property from potential hazards. With …

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Government Set to Hand Over Seaports to UAE

Introduction: In a significant development, the government of Pakistan has taken steps to hand over its Karachi port terminals to the United Arab Emirates (UAE). The government anticipates that this move, which aims to raise emergency funds, will be the first intergovernmental transaction under a law enacted last year. The negotiations have gained momentum, and the government expects to finalize …

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Huawei Contributes to Multilevel Digital Transformation Across Pakistan

Introduction: In recent years, Pakistan has witnessed a remarkable surge in internet and digital services, and Huawei, a leading global technology company, has been at the forefront of contributing to the country’s digital transformation. With its extensive range of services and solutions, Huawei has played a pivotal role in driving Pakistan’s digital economy forward. At the 2023 Pakistan International Energy …

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NEPRA's Recommendation for Gwadar Power Plant

Introduction: The National Electric Power Regulatory Authority (NEPRA) has recently raised concerns over the proposed usage of imported coal in the 300-megawatt Gwadar coal-fired power plant. In a public hearing, NEPRA engaged in a heated discussion, questioning the decision to rely on imported coal instead of utilizing the plenty Thar coal available locally. The regulatory authority also expressed concerns about …

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