What's new

Nawaz approves PML-N’s energy plan

the only surgery these guys need is frontal lobectomy...

Wrong diagnosis bro. May want to finish your residency and get a fellow ship in Neuro Surgery or Psychiatry. All of your politicians have severe ADD. When you can treat it with Stimulants, why do frontal lobectomy? Also, if seizures are the case, give them a combo of Carbamazipine and Clonazepalm, problem solved. Why offer surgery and risk your patient's life? If I was you, I'd stay away from Surgery. Just be a Physician.
 
.
The energy to fill the gap will be imported with high commissions for the Ganja brothers. Mark my words. In my guess, looking at Ganja and Manmohan's love affair, the exporter is going to be India. I will not be surprised.
 
.
=====================
@Aeronaut @nuclearpak How can anyone improve the situation when stealing of electricity is so blatant and widespread as this:


Kundas by ArgusPanoptes007, on Flickr

This is nothing, give a visit to Murree Road or Raja Bazar and you will see the enormity of the problem!

The WAPDA and local Electric company employees take money to install a kunda connection!
 
Last edited by a moderator:
.
@Aeronaut The new energy policy of Albak Istan:

$15 billion Saudi bailout likely - Dawn.COM News

ISLAMABAD, May 22: With an ‘amiable’ government in place, Saudi Arabia is expected to extend a bailout package of about $15 billion to Pakistan’s highly indebted energy sector by supplying crude and furnace oil on deferred payment to enable it to resolve the chronic circular debt issue.

A senior government official said the Saudis had been taking reasonable interest in helping out the incoming PML-N government led by Nawaz Sharif.

They had extended a similar special package to Pakistan soon after it went nuclear in 1998 and faced international economic sanctions.

Between 1998 and 2002, Pakistan received $3.5 billion (Rs190 billion at the exchange rate at that time) worth of oil from Saudi Arabia on deferred payment, a major part of which was converted into grant.

According to the official, as soon as the PML-N emerged as the majority party after the May 11 elections, the Saudi ambassador in Islamabad sought a briefing on the country’s oil requirements from the foreign ministry before calling on prime minister-designate Nawaz Sharif in Raiwind, Lahore.

He was immediately provided a position paper, the official said.

Pakistan expects about 100,000 barrels of crude oil and about 15,000 tons of furnace oil per day from Saudi Arabia on deferred payment for three years. The amount involved works out at about $12-15bn.

The facility can be utilised to reduce loadshedding in the short term and provide an opportunity in the medium term to restructure the power sector by minimising subsidies, eliminating circular debt, ensuring recovery from the public sector and reducing system losses to bring it to a self-sustainable level.

“During the package period, the PML-N government can resolve the electricity crisis and develop hydropower projects through a combination of public and private investments and bagasse-based power production by the sugar industry,” he said.

He said the arrangement for oil supplies on deferred payments could be further discussed during Mr Sharif’s first visit to Saudi Arabia soon after assuming the office of prime minister early next month.

Pakistan’s total crude oil import is about 400,000 barrels per day and 30,000 tons of furnace oil. Its total oil import bill stands at about $15bn per annum.

The official said a request for 100,000 barrels of oil and 15,000 tons per day of furnace oil had already been passed on through the Pakistan-Saudi Arabia Joint Ministerial Commission.

A meeting of the commission could be convened soon after the new government assumed charge, an official said.

The Saudi rulers had not taken any interest in the issue earlier ostensibly because of the chill in their relationship with the PPP government.

Large political delegations taken to Saudi Arabia by the PPP government were cold-shouldered, an official said, adding that warming up of diplomatic relations with Iran and the UAE and cancellation of hunting facilities for Saudi royals had also annoyed the kingdom.

The official said the breathing space provided by the likely Saudi package could also be used for renegotiating gas price with Iran for the Iran-Pakistan gas pipeline to bring it down to a sustainable level.

Under the gas sales and purchase price agreement, any party may seek revision of the rates in view of the cost of alternative import options one year ahead of the first gas flows scheduled to take place in December 2014.

The official ruled out any possibility that the Saudi oil package could be used to persuade Pakistan to stay away from the Iranian gas import. He said the project had reached an advanced stage and involved international agreements and, therefore, backtracking was no option, but the development could give leverage to Pakistan to secure lower gas prices.
 
Last edited by a moderator:
. .
I think you are VERY wrong there. Here's what I don't like about people, you should be fair to everyone. Give credit to where it deserves. If you take a look around, Sharriff's had won seats from ALL of your provinces. Even I KNOW THAT!!! Some provinces may be lesser but there was a vote bank and it'll only increase.
Also, I do work with a large Pakistani infrastructure company. Even I know the amount of money and the projects that have been completed. And they are ALL over Punjab. So PLEASE do me a favor, keep your personal biases to yourself and not lie or misinform people. Doesn't your religion forbid you from doing so? Oh WAIT!! You guys don't follow the real good things about your own religion. But yet, when it comes to America.....you are quick to jump the gun that they are behind everything. Wake up guys, time to play the blame game and shifting blame due to your own biases is over. You guys should build a new Pakistan from this year on. AND the most important thing should be, honesty and trust for all. Otherwise, you can't build a society based on lie and BS.

I guess we'll have to see.
 
.
The energy to fill the gap will be imported with high commissions for the Ganja brothers. Mark my words. In my guess, looking at Ganja and Manmohan's love affair, the exporter is going to be India. I will not be surprised.

If buying electricity from India can end a 70 year long animosity and CAN put Pakistan's economy back to work....and it's affordable or at least cheaper than other options.....what's wrong with that? The only thing you have to keep safe is your national security. The rest can have investments, etc from all over the world. Also, buying electricity from India will be temporary in my view. If you just build about 15-18 dams around the river Indus on its path all the way through Pakistan, you can finish the electric issue and can eliminate floods and the devastation that happens as a result. AND you'll always have decent amount of water. ALL that, from just ONE river. So...I think the Shariff's have mentioned that as a big option with the Chinese help. I think that would be in Pakistan's interest long term. In the short term, to get your industry going......you can buy energy from anyone. Just have the US, or the UN and whoever else both of you trust as the guarantors....
 
.

Pakistan Affairs Latest Posts

Back
Top Bottom