Russian fuel cargoes to start arriving from April, Senate told
The vessels carrying Russian oil and crude products would start arriving Pakistan from April this year, Minister of State for Petroleum Dr Musadik Malik told Senate. Replying to the question of Senator Mushtaq Ahmed during question hour in Senate, he said negotiations with National Shipping Corporation (NSC) were going on for transporting Russian oil. High…
Adil Aziz
PM inaugurates 1,100 MW K-3 nuclear power plant in Karachi
Prime Minister Shehbaz Sharif inaugurated K-3, the third unit of Karachi Nuclear Power Plant (KANUP), which will produce 1,100 mega watt of electricity. The project has been completed with assistance from China. Addressing the occasion, the prime minister said K-3 was a step forward in cooperation with Pakistan’s trusted friend China. He congratulated the scientists…
PM to inaugurate K3 nuclear power plant in Karachi on Today
Prime Minister Shehbaz Sharif said on Wednesday that he would inaugurate K3 nuclear plant in Karachi on Thursday, that has been built in cooperation with China. The prime minister said this in a meeting with a delegation of China National Nuclear Corporation. After operationalisation of K3 power plant, the generation of nuclear power in Karachi…
Emirates operates milestone demonstration flight powered with 100% Sustainable Aviation Fuel
Conducted in partnership with GE Aerospace, Boeing, Honeywell, Neste and Virent First demonstration flight in Middle East and North Africa to be powered by 100% SAF in one of two engines Emirates has operated its first milestone demonstration flight on a Boeing 777-300ER, powering one of its engines with 100% Sustainable Aviation Fuel (SAF). The…
ENI unable to deliver February LNG cargo to Pakistan, declares force majeure
ENI said that the delivery of a liquefied natural gas (LNG) cargo to Pakistan LNG Limited that was scheduled for February has been disrupted due to an event of force majeure. The Italian major has a 15-year deal to supply Pakistan LNG with one cargo a month from 2017 to 2032. “February LNG delivery disruption…
Pak-Russia to sign low-cost oil accord in March, ‘holistic energy security plan’ by year-end: Musadik
Minister of State for Petroleum Dr Musadik Malik said Pakistan would sign an agreement with Russia in March to get inexpensive crude oil besides a ‘holistic energy security plan’ by the year-end, which would be beneficial for both countries. “In March, all commercial terms of the agreement will be finalized with Russia, following which low-cost…
Pakistan, Qatar discuss avenues to enhance cooperation
Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar and Minister of Finance, State of Qatar, Ali bin Ahmed Al Kuwari during a meeting in Doha agreed to enhance cooperation in fields of science, technology, agriculture, education, trade, finance and investment. Special Assistant to Prime Minister on Government Effectiveness, Dr. Muhammad Jehanzeb Khan and…
Russian energy minister meets PM; long-term oil, gas supply from Russia to Pakistan discussed
A delegation led by Russian Energy Minister Nikolay Shulginov called on Prime Minister Shehbaz Sharif here wherein the two sides discussed the supply of oil and gas from Russia to Pakistan on a long term basis. During the meeting, both the sides agreed on the importance of energy sector for the development of bilateral economic and trade…
BB Energy keen to supply LNG, petroleum products to Pakistan
The BB Energy, an independent energy trading company expressed interest to develop a strategic business relationship with Pakistan and supply affordable petroleum products and LNG to the country. According to press statement issued by finance ministry, Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar held a meeting with a delegation of BB Energy…
KE requests highest ever FCA reduction of PKR 10/unit for December 2022
K-Electric has requested NEPRA to pass a reduction of PKR 10.26 per unit in customer bills under Fuel Charges Adjustment (FCA) for the month of December 2022. This request has been made under the FCA mechanism governed by NEPRA. The FCA is reviewed every month as per the tariff regime applicable across the country and…