• 3 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 5 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 9 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 12 minutes China's Blueprint For Global Power
  • 7 hours EU has already lost the Trump vs. EU Trade War
  • 1 hour Pioneer's Sheffield in Doghouse. Oil upset his bragging about Shale hurt prices. Now on campaign to lower expectations, prop up price.
  • 17 mins Science: Only correct if it fits the popular narrative
  • 3 hours ''Err ... but Trump ...?'' *sniff
  • 44 mins China's Renewables Boom Hits the Wall
  • 4 mins What are the odds of 4 U.S. politicians all having children working for Ukraine Gas Companies?
  • 6 hours Tesla Launches Faster Third Generation Supercharger
  • 15 hours Who writes this stuff? "Crude Prices Swing Between Gains, Losses"
  • 7 hours Passerby doused with flammable liquid and set on fire by peaceful protesters
  • 5 hours Crazy Stories From Round The World
  • 1 day Haaretz article series _ Saudi Arabia: A Kingdom in Turmoil | Part 1 - Oil Empire

Breaking News:

Russia Plans To Boost Crude Oil Exports

Putin Determined To Strengthen Ties With OPEC

Putin Determined To Strengthen Ties With OPEC

Putin, talking at the BRICS…

U.S. Willing To Shoot Syrian Officials To “Protect The Oil”

U.S. Willing To Shoot Syrian Officials To “Protect The Oil”

United States military officials reaffirmed…

Pakistan’s President Confident They Can Solve Endemic Energy Crisis

During independence celebrations on 14 August, Pakistani President Asif Zadari stated that his Pakistan People's Party government is determined to make Pakistan a strong, self-sufficient and prosperous state to ensure a bright future.

Prime Minister Syed Yusuf Raza Gilani said the government is striving hard to overcome the energy crisis, noting that the construction of the Basha and Munda dams is proceeding while the government has decided to fund efforts to exploit the country’s vast Thar coal reserves, Gulf News reported.

Seeking to apportion blame for the country’s current ongoing energy shortfalls Gilani added that Zadari’s Pakistan People's Party had inherited the country’s energy infrastructure problems from the previous administration and had nevertheless been successful in adding 3,000 megawatts of electrical production to the national grid.

According to Gilani, a ministerial committee headed by Finance Minister Hafeez Sheikh has been established to furnish recommendations to cope with the country’s ongoing energy crisis, which will develop a strategy to consult with the country’s four provinces to develop a policy to cope with projected energy price hikes, commenting that the federal government is providing $23 million subsidy through the Utility Stores Corporation to ensure provision of essential energy to the people at subsidized rates, which will reach six million people under the Benazir Income Support Program.

By. Joao Peixe, 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
Download on the App Store Get it on Google Play