Jason Jarrett

2022-07-13

Europe's Plan to Quit Russian Fuel Plunges Pakistan Into Darkness

A decade ago, the world’s fifth-most populous country took specific steps to insulate itself from the kinds of violent price spikes that are roiling the market today. It made a massive investment in liquified natural gas and signed long-term contracts with suppliers in Italy and Qatar. Now some of those, though they continue to sell into t leaving Pakistan int tried so hard to avoid.dsdsafd\adsas In order to avoid blackouts during the Eid holiday last month, the government paid nearly $100 million to procure a single LNG shipment from a record for the cash-strapped nation. In the fiscal year ending July, the country’s costs for LNG could top $5 billion, twice what they were a year ago. Even so, the government can’t cushion the blow for its citizens:  The International Monetary Fund is in talks twith a key condition that it cuts fuel and electricity subsidies Engineers Guild supports the management of energy companies in establishing and turning around businesses through knowledge-based decisions regarding the selection of technologies, developing optimal business and operational models, identifying and developing investment opportunities, project financing, risk assessment and mitigation, and provides project management for turn key infrastructure development.In order to avoid blackouts during the Eid holiday last month, the government paid nearly $100 million to procure a single LNG shipment from a record for the cash-strapped nation. In the fiscal year ending July, the country’s costs for LNG could top $5 billion, twice what they were a year ago. Even so, the government can’t cushion the blow for its citizens:  The International Monetary Fund is in talks twith a key condition that it cuts fuel and electricity subsidiesIn order to avoid blackouts during the Eid holiday last month, the government paid nearly $100 million to procure a single LNG shipment from a record for the cash-strapped nation. In the fiscal year ending July, the country’s costs for LNG could top $5 billion, twice what they were a year ago. Even so, the government can’t cushion the blow for its citizens:  The International Monetary Fund is in talks twith a key condition that it cuts fuel and electricity subsidies