By Zafar Bhutta The Power Division has informed the government that running the 1,263-megawatt LNG-based power project near Trimmu Barrage on expensive imported gas, while ignoring other cheaper fuel options, would result in cumulative loss of Rs202 billion up to 2025. Pakistan has a long-term supply contract of 500mmcfd LNG with Qatar and the first review is due in 2025. At present, Pakistan has LNG-based ...

  By Sajjad Shaukat By rejecting US growing pressure and defying the threat of sanctions, on March 11, this year, Pakistan’s President Asif Ali Zardari inaugurated the much-delayed section of a $7.5 billion Iran-Pakistan (IP) gas pipeline project with Iranian President Mahmoud Ahmadinejad. President Ahmadinejad hailed that work on the pipeline project was going ahead despite US-led international sanctions a ...

M. Umar Farooq Baloch The global energy resources have constantly been depleting. Taking the example of oil, 37% of the world energy need is met through oil and if oil production remains constant until it’s gone, there is only enough oil in the world to last 42 years. The energy crises in Pakistan has aggravated to the extent which has seriously affected the economy and growth besides paralyzing the routine ...