• 5 minutes Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 11 minutes Saudi Fund Wants to Take Tesla Private?
  • 17 minutes Starvation, horror in Venezuela
  • 2 hours WTI @ 67.50, charts show $62.50 next
  • 49 mins Mike Shellman's musings on "Cartoon of the Week"
  • 1 hour Newspaper Editorials Across U.S. Rebuke Trump For Attacks On Press
  • 1 hour Venezuela set to raise gasoline prices to international levels.
  • 6 hours WTI @ 69.33 headed for $70s - $80s end of August
  • 36 mins Batteries Could Be a Small Dotcom-Style Bubble
  • 43 mins Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 8 hours Renewable Energy Could "Effectively Be Free" by 2030
  • 7 hours Corporations Are Buying More Renewables Than Ever
  • 23 hours Oil prices---Tug of War: Sanctions vs. Trade War
  • 22 hours California Solar Mandate Based on False Facts
  • 12 hours Don't Expect Too Much: Despite a Soaring Economy, America's Annual Pay Increase Isn't Budging
  • 12 hours Again Google: Brazil May Probe Google Over Its Cell Phone System
New Shipping Regulation Could Be A Boon For LNG

New Shipping Regulation Could Be A Boon For LNG

The International Maritime Organization’s sulfur…

Peak Lithium Won’t Happen Anytime Soon

Peak Lithium Won’t Happen Anytime Soon

Peak lithium is not happening…

Construction Begins in Pakistan on the World’s Highest Dam

Pakistani Prime Minister Syed Yusuf Raza Gilani has inaugurated construction of the country’s Diamer-Bhasha dam, the world’s highest, calling it the “lifeline” of Pakistan.

The $12 billion facility is located in the mountains between Khyber Pakhtunkhwa and Gilgit-Baltistan provinces on the upper reaches of the Indus River. Gilani told the assembled guests that the Diamer-Bhasha dam would generate 4,500 megawatts of electricity and store over 8 million acres of water to meet country's growing power and irrigation need, Islamabad’s The News Online newspaper reported.

Khyber Pakhtunkhwa Chief Minister Ameer Haider Hoti said that the dam would open new vistas of agricultural and economic development in the impoverished, mountainous region.

According to Water and Power Development Authority official Syed Raghib Abbas Shah,  WAPDA will build nine new villages to rehabilitate the people affected by the construction of Diamer-Bhasha dam. Shah told journalists, “We will get sufficient water for agricultural sector from Diamer-Bhasha Dam and barren lands will be made cultivatable after its completion in eight years, while it will also help increase power generation capacity of Tarbela Dam,” adding that the government had decided to build two to three new small dams in every province under its poverty alleviation program.

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News