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Category: Energy

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UGDC ink deal with Trafigura for terminal capacity, supply of gas

  By Kazim Raza Rizvi 26-Sep-2019 26-Sep-2019 Energy

KARACHI: Universal Gas Distribution Company (UGDC) and leading Singapore based Commodity Multinational, Trafigura have reconfirmed their cooperation agreement for the terminal capacity and supply of… Read more

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Tagged   gas, LNG, Trafigura, Universal Gas Distribution Company (UGDC)
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CDWP approves two energy sector projects wroth Rs7.15 billion

  By Kazim Raza Rizvi 26-Sep-2019 26-Sep-2019 Energy

ISLAMABAD: Central Development Working Party (CDWP) meeting approved 05 projects worth Rs.11 billion and recommended 02 projects worth Rs 25 billion to ECNEC for consideration…. Read more

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Tagged   Central Development Working Party (CDWP), energy
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NEPRA not to renew licences of inefficient power plants

  By Press Release 20-Sep-2019 20-Sep-2019 Energy

KARACHI: The National Electric Power Regulatory Authority (NEPRA) has decided to not renew the licences of those power plants having lowest efficiency levels. “The power… Read more

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Tagged   DISCOs, Gencos, National Electric Power Regulatory Authority (NEPRA), power plants
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K-Electric Reports PKR 12.3 Billion Profit For FY2018

  By Kazim Raza Rizvi 18-Sep-2019 18-Sep-2019 Energy

KARACHI : The Board of Directors of K-Electric Limited in its meeting held on September 18, 2019 at KE head office, approved the Company’s financial… Read more

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Tagged   K-Electric Limited
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UGDC signs deal with Exxonmobil for country’s first ever commercial import of LNG by private sector

  By Mashhud Aslam 18-Sep-2019 18-Sep-2019 Energy

KARACHI: ExxonMobil has inked a gas supply deal with Pakistani energy company Universal Gas Distribution Company (UGDC), according to which commercial import of LNG by… Read more

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Tagged   ExxonMobil, LNG
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Prices of petroleum products reduced

  By Mashhud Aslam 31-Aug-2019 31-Aug-2019 Energy

ISLAMABAD: Amid confusing statements by some cabinet members, the government on Friday announced a reduction in prices of petroleum products by up to 5.8 per… Read more

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Electricity generation surge 3.0 percent in July 2019

  By Kazim Raza Rizvi 29-Aug-2019 29-Aug-2019 Energy

KARACHI: Pakistan’s overall electricity generation surged 3.0 percent to 14,231 Gwh in July 2019 as against 13,751 Gwh in the corresponding period last year, data… Read more

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Tagged   coal, electricity, gas
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Korean company offers energy value chain for electric vehicles

  By Kazim Raza Rizvi 29-Aug-2019 29-Aug-2019 Energy

ISLAMABAD: Songuo, a company of South Korea, which specializes in manufacturing batteries, has offered Pakistan for setting up charging infrastructure in Pakistan in the wake… Read more

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Tagged   Batteries, electric vehicles
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OGDC announces discovery of oil and gas

  By Press Release 23-Aug-2019 23-Aug-2019 Energy

LONDON: The Oil and Gas Development Company (OGDC) Pakistan has notified that as per information received from MOL, the operator of TAL Block, hydrocarbons have… Read more

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Tagged   drill stem test, gas, oil
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Petroleum products sales decline 6pc in July

  By Mashhud Aslam 03-Aug-2019 03-Aug-2019 Energy

KARACHI: According to the latest numbers revealed by the OCAC, volumetric sales for both black and white oil declined during Jul’19 with overall OMC volumes… Read more

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