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Tidal energy a clean, nature-friendly source for common man solace

  Tidal resource is capable of producing clean, environmental-friendly and significantly affordable electricity on a large scale. It also has an advantage of being totally predictable, as tidal currents result from perfectly known astronomical phenomena. A desired level for exploitation of renewable energy resources has the potential to provide a solution to the present power crisis in Pakistan. Energy generation based on renewable resources accounts for about one-fifth of the …

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The future era in LNG

  Natural gas accounts for 50 percent of Pakistan’s total energy mix. The present shortage of 2,000mmscfd has led to the closing down of small and large scale industries and businesses across the country. The LNG Policy was issued in 2006 but so far no project relating to LNG has been materialized. This is the final attempt by the government to bring LNG to Pakistan. At present, Asia accounts for …

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The CNG dilemma: when and how should it end?

  CNG was introduced in Pakistan to counter high price of fuel. As a new business venture, many businessmen opened CNG stations to reduce the cost of transportation. CNG kit import became a wide market and especially popular in the transport industry. Introduced in mid 1990’s no one predicted the issues arising out of CNG supply, which we witness today. As the price of fuel based on international oil prices …

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Hydropower projects – A better future ahead

  For years, large scale hydropower progress has been sighted as something of a pariah within the renewable power sector. Indeed, despite an acknowledged contribution to sustainable power growth ‘ hydropower’s worldwide kWh contribution dwarfs all other renewable technologies ‘ it has chiefly been excluded from considerations that merit other forms of renewable energy generation and has weathered widespread criticism over schemes deemed unsustainable. All that is altering though, and …

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Hydropower projects – A better future ahead

  For years, large scale hydropower progress has been sighted as something of a pariah within the renewable power sector. Indeed, despite an acknowledged contribution to sustainable power growth ‘ hydropower’s worldwide kWh contribution dwarfs all other renewable technologies ‘ it has chiefly been excluded from considerations that merit other forms of renewable energy generation and has weathered widespread criticism over schemes deemed unsustainable. All that is altering though, and …

Read More »

The future era in LNG

  Natural gas accounts for 50 percent of Pakistan’s total energy mix. The present shortage of 2,000mmscfd has led to the closing down of small and large scale industries and businesses across the country. The LNG Policy was issued in 2006 but so far no project relating to LNG has been materialized. This is the final attempt by the government to bring LNG to Pakistan. At present, Asia accounts for …

Read More »

The CNG dilemma: when and how should it end?

  CNG was introduced in Pakistan to counter high price of fuel. As a new business venture, many businessmen opened CNG stations to reduce the cost of transportation. CNG kit import became a wide market and especially popular in the transport industry. Introduced in mid 1990’s no one predicted the issues arising out of CNG supply, which we witness today. As the price of fuel based on international oil prices …

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Energy conservation: A voyage from ICL to CFL

  Power shortfall was recorded at 2,400MW despite descending temperature due to rain. However, it may be noted that power shortfall has started rising from the level of 2,000MW and more is likely to take place soon the rainy weather is over. Present government took several initiatives to overcome the energy crisis and started enormous plan to develop not only energy resources but also energy conservation program. And one of …

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Long-term deals with oil marketing companies

  In 2014, global oil demand will be higher than formerly predict, after consumption in US rebounded to its strongest stage in 5-year. Economic adepts predicted that demand will boost by 1.2 million barrels a day to 92.4 million a day coming year, increasing its projection from November by 240,000 a day. USA fuel utilize increased over 20 million barrels a day in November for the first time since 2008. …

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Business dynamics of the crude oil market

  Crude oil determines inflation and also determines the GDP of an oil exporting nation. In more advance economics as discussed earlier, oil is used for investments i.e. trading of commodity futures. Irrespective of the current market price, futures are locked at a higher price being traded on the New York Mercantile Exchange (or NYMEX), as well as the International Petroleum Exchange. Speculation that who trade large volumes can easily …

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