Pakistan has imposed restrictions on fuel oil imports with immediate effect, as domestic consumption declines amid rising LNG imports and the shutdown of several fuel oil power plants. A new energy Continue Reading
Pakistan’s fuel oil demand is expected to fall sharply over the next three years as growing LNG imports help the country move to a gas-based energy economy. Fuel oil demand Continue Reading
For nearly two weeks, Lahore, Pakistan’s second-largest city, has been like one huge airport smokers’ lounge. But Abid Omar’s jaw still dropped on Wednesday, when he checked the air-quality monitor Continue Reading
Disruption to Pakistan’s domestic trade flows of fuel oil due to almost $5 billion of circular debt is swelling stocks and causing severe power shutdowns during the country’s peak summer Continue Reading
On April 16th, Chinese investments in Pakistan through the much-vaunted China-Pakistan Economic Corridor (CPEC) were revised upwards, from $46 billion to a whopping $62 billion . The project, part of Continue Reading
When Prime Minister Nawaz Sharif came to office in 2013, rolling power outages across the country were plunging homes and businesses into darkness for up to 12 hours a day. Continue Reading
Iran once again suggested it was moving forward on plans to build a long-delayed natural gas pipeline to Pakistan, this time with the help of China. An interview published by Continue Reading
China’s state-owned Shanghai Electric Power Co. 600021 3.08 % plans to acquire a controlling stake in Pakistani power utility K-Electric Ltd., in a deal that could be one of the Continue Reading
Pakistan and Iran have signed a deal under which the former will import 75,000 tons of liquefied petroleum gas within a year, months after a similar agreement was inked with Continue Reading
Bringing natural gas through a pipeline from Turkmenistan will help address chronic energy shortages in Pakistan, the Asian Development Bank said. ADB officials were on hand for the signing of Continue Reading
