2020-08-03 12:10:00
PAKISTAN'S COAL ENERGY UP
PD - July 30, 2020 - While other countries move away from coal-fired power due its negative environmental impact, Chinese funding has increased power generated through coal in Pakistan.
According to a report published by Bloomberg, countries in the South Asian region are currently faced with the dilemma of choosing between affordable energy sources while trying to limit pollution. Demand for coal in Asia is expected to help coal as other developed countries switch towards cleaner energy alternatives.
According to data provided by National Electric Power Regulatory Authority (NEPRA), Pakistan's coal-fired power generation increased by 57 per cent in FY20. Moreover, coal made up about a fifth of Pakistan's total output.
The report further suggested that coal production and power generation might expand further as China invests in building additional power plants and additional coal mines to feed these plants in Pakistan.
On the other hand, China has been cutting back on coal for its own domestic use.
In the recent past, China's overseas energy spending as a part of its Belt and Road initiative has gone down with spendings last year dropping to the lowest in a decade. China's president had urged a move towards clean energy overseas, with China signing an agreement to build two hydro-power generation projects in Pakistan.
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Earlier:
2020, March, 31, 13:25:00
PAKISTAN REDUCES LNG
Pakistan has long-term contracts for the import of eight LNG cargoes per month on a take-or-pay basis, and out of these five are from Qatar, a government spokesman said, adding that the Qatari volumes had been reduced to three cargoes for April through mutual discussion, without invoking any force majeure.
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2020, February, 17, 11:40:00
PAKISTAN'S NUCLEAR STRENGTHENING
Pakistan aims for a significant expansion of its use of nuclear power over the coming decades
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2019, November, 22, 11:50:00
PAKISTAN'S RENEWABLE ENERGY: $40 BLN
The government of Pakistan has announced that it will invite bids for setting up renewable energy projects in the country in a bid to tap the investment potential of $40bn.
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Chronicle:
2021, June, 10, 12:39:00
Which Actions Can Fuel The Industry: The 7th International LNG Congress Summary
Global view on the LNG industry future, actions in frames of IMO Regulations, alternative fuels for trucks and fleet, opportunities of LNG increase in Europe, and Bio-LNG and LNG-to-Power initiatives have become some of the topics of the 7th International LNG Congress. It was held at the BGS online platform on the 7-8 of June, and gathered more than 500 decision-makers of the LNG industry.
2021, June, 10, 12:38:00
МЕЖДУНАРОДНАЯ КОНФЕРЕНЦИЯ И ВЫСТАВКА "УГОЛЬ РОССИИ И СНГ"
Более 150 руководителей ведущих предприятий угольной промышленности России и СНГ соберет Международная конференция и выставка «Уголь России и СНГ», которая будет проходить 16-17 ноября 2021 в г. Москва
Организатор мероприятия: Vostock Capital
2021, June, 10, 12:35:00
U.S. OIL INVENTORIES DOWN 5.2 MB TO 474.0 MB
U.S. commercial crude oil inventories decreased by 5.2 million barrels from the previous week to 474.0 million barrels.
2021, June, 10, 12:30:00
TC ENERGY HAS TERMINATED KEYSTONE
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project (the Project).
2021, June, 9, 12:55:00
OIL PRICE: ABOVE $72
Brent rose 73 cents, or 1%, to close at $72.22 a barrel, WTI rose 82 cents, or 1.2%, to settle at $70.05 a barrel,
2021, June, 9, 12:50:00
OIL PRICES 2021-22: $68-60
EIA forecasts that Brent prices will remain near current levels in 3Q21, averaging $68/b., and $60/b in 2022.
2021, June, 9, 12:45:00
OPEC+ OIL PRODUCTION UP 430 TBD
Despite the production gains, the looser quotas meant OPEC+ compliance stayed mostly steady at 111.45% compared to 111.16% in April,