Recently, C&D Clean Energy has announced a partnership with Integra Solar for panel supply chain services. According to a signed memorandum of understanding, C&D Clean Energy will provide Integra Pakistan with integrated supply chain services of 100MW solar modules in 2022. “Integra’s value concept is to write the earth’s green …
Read More »Pakistan Invests in Middle East Oil in $305 Million UAE Deal
The United Arab Emirates awarded an oil concession to companies from Pakistan for the first time. A group led by state-owned Pakistan Petroleum Ltd. will invest about $305 million to find crude and natural gas in the UAE’s Persian Gulf waters, according to Abu Dhabi National Oil Co. Adnoc is …
Read More »Pakistan Committed to Gas Pipeline Project with Turkmenistan
Pakistan’s Foreign Minister Shah Mahmood Qureshi reiterated on Thursday his country’s commitment to cooperation with Turkmenistan, including on the construction of a major regional pipeline and enhancing security in Afghanistan. “Pleased to call on President [of Turkmenistan] #GurbangulyBerdimukhammedov today in Ashgabat. I reiterated Pakistan’s commitment to enhance our economic connect …
Read More »Russia and Pakistan to Build Pakistan Stream Gas Pipeline
Russian Energy Minister Nikolai Shulguinov and Pakistani Ambassador in Moscow Shafkat Ali Khan signed an agreement for the future construction of the Pakistan Stream gas pipeline on Friday. According to the energy portfolio, the parties penned a protocol of amendments to an intergovernmental agreement that provided for the construction of …
Read More »Russia Ready to Supply LNG to Fuel-Hungry Pakistan
Russia has offered Pakistan liquefied natural gas (LNG) supplies, Foreign Minister Sergey Lavov has revealed, as the South Asian nation is facing more gas shortages in the near future. The two countries discussed deepening bilateral ties, including in energy and trade, earlier this week when Lavrov met his Pakistani counterpart, …
Read More »Plans for $10bn Aramco Refinery in Pakistani ‘Oil City’ Ready by Year-End
A masterplan for Pakistan’s largest oil city, including a $10 billion Aramco oil refinery project, is underway and expected to be ready before the end of the year, Pakistani officials said this week. The proposed mega oil city will be developed on 88,000 acres of land in the Gwadar district …
Read More »Pakistan will Produce Gas and Diesel from Thar Coal
The government has geared up the process on two projects for turning Thar coal into gas and diesel and in is contact with two Chinese companies — China Ghazuba and China Coal, Special Assistant on Coordination of Marketing & Development of Mineral Resources Shahzad Syed Qasim disclosed this to The …
Read More »Iran’s Quarterly Exports though Southeastern Border to Pakistan up 26%
The value of Iran’s exports to Pakistan through the border in the southeast of the country has risen 26 percent during the first quarter of the current Iranian calendar year (March 20-June 20), compared to the same period of time in the previous year, an Iranian provincial official announced. Davoud …
Read More »Italian Eni Mulls Exit from Pakistan after 20 Years
ENI, the Italian oil and exploration firm, is considering an exit from Pakistan after 20 years of its operations due to decline in profit margins associated with the volatile international oil prices since the coronavirus outbreak. A company official confirmed to The Express Tribune that the firm’s assets are up …
Read More »Rimdan Border Reopened
The Rimdan border between Iran and Pakistan has reopened since April 25, according to an official at Iran customs.
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