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KARACHI: If the adverse effect on climate was not compelling enough to adjust the carbon emissions level, the economic shift from changing energy landscape will eventually force global powers to reduce their carbon footprint. Energy production is the single largest source of global greenhouse emissions and reduction in the release of...
The Economic Coordination Committee (ECC) of the Cabinet has decided that the government will not provide any financial subsidy and off-take guarantee for future Liquefied Natural Gas (LNG) terminals, sources close to Minister for Petroleum told Business Recorder. The decision was taken by the committee headed by Finance Minister, Asad Umar...
ISLAMABAD:  Consumers, already reeling from a rise in inflation, should brace for another 41% hike in gas prices from the next financial year beginning July 1, 2019. Already, the Pakistan Tehreek-e-Insaf (PTI) government had increased gas prices by up to 143% last year and revised consumer slabs, which resulted in...
ISLAMABAD: Government has planned to drastically reduce carbon footprints by increasing the share of renewable energy in power generation to 30 percent by 2030 from the current four percent, power minister said on Wednesday. Minister for Power Omar Ayub Khan said a new renewable energy policy would help in reducing...
ISLAMABAD:  A hefty increase in electricity prices of up to Rs2.50 per unit is on the cards as the National Electric Power Regulatory Authority (Nepra) on Wednesday reserved judgment relating to a petition filed by the Central Power Purchasing Agency Guaranteed (CPPA-G) to revise base tariff up to recover Rs202...
ISLAMABAD: The cabinet committee on energy on Wednesday put a decision of correcting gas slabs on hold till June this year in a bid to allow inefficient gas utilities to continue charging higher bills from the gas consumers. The cabinet body on energy which met with Finance Minister Asad Umar in...
Pakistan has regressed from being self-sufficient in natural gas to becoming a gas importer faced with chronic shortages and rationing. This is a result of flawed policy making and lack of vision in the development of the energy sector infrastructure. Karachi, the economic hub of Pakistan, is bearing the brunt...
ISLAMABAD:  Only 20% of Pakistan’s population has access to clean piped natural gas (PNG) while the rest use biomass in the form of uplahs and shrubs or even trees, which causes deforestation. Most of the biomass, in the manner it is used, causes health issues as smoke and carbon dioxide create...
LAHORE: The National Transmission and Despatch Company (NTDC) has submitted an Indicative Genera­­tion Capacity Expansion Plan (IGCEP) 2018-40 to the National Electric Power Regulatory Authority (Nepra). The plan has been developed by the NTDC’s Power System Planning department pursuant to the mandatory regulatory obligations under the Nepra Grid Code 2005. According...
ISLAMABAD: Pakistan has decided to increase import of liquefied natural gas (LNG) from Qatar in an effort to ease a widening shortfall in natural gas supplies in the country. The decision came despite investigation by the anti-corruption watchdog into a previous long-term deal with Qatar for LNG supply to Pakistan for...

Opinion

exports

Slow growth in exports

The performance of exports in the first eight months of 2018-19 has been disappointing. According to the monthly trade statistics of the PBS the...