IMF report exposes how Pakistan’s energy crisis is rooted in mismanagement and political interference - Yes Punjab News IMF’s 2025 report exposes political interference and mismanagement driving Pakistan’s deepening energy-sector debt crisis.

IMF report exposes how Pakistan’s energy crisis is rooted in mismanagement and political interference yespunjab.com?p=185991

#IMFReport #PakistanEnergyCrisis #CircularDebt #NEPRA #OGRA #PowerSector #GasSector #PakistanEconomy #SOEs #SIFC #IMF2025 #EconomicReforms

"WILL THE LAST PERSON TO LEAVE THE OIL INDUSTRY PLEASE TURN OFF THE LIGHTS"
@andrewjquinn97.bsky.social / @davidbol.bsky.social for @scotsman.com
Full Story: t.ly/8ekp6

The #OilSector and #GasSector warn they'll be "taxed to death inside 5 years".

#TheScotsman
#TomorrowsPapersToday
#IBPAPERS

Image from image_1.jpg

Lebanon's Interior Minister, Ahmad al-Hajar, met gas sector representatives to address challenges and safety concerns, urging action against unlicensed traders and the need for regulations to improve the struggling sector.

#Lebanon #GasSector #PublicSafety

Image from image_2.jpg

The Gas Cylinder Dealers and Investors Syndicate in Lebanon warned Minister Joseph Aoun about safety violations and unsafe storage at gas stations, pushing for stricter regulations and accountability while criticizing a proposed committee as insufficient.

#Lebanon #GasSector #PublicSafety

Namibia Advised to Follow Norway's Oil Sector Strategy [Namibian] As the third Namibia Oil and Gas Conference (NOGC) 2025 is set to take place, the country has been advised to follow in Norway's steps to maximise full benefits from the oil and gas industry.

#Namibia #Norway #OilIndustry #GasSector #EnergyStrategy

سوئی نادرن گیس پائپ لائنز لمیٹڈ (SNGPL) نے رواں مالی سال کے دوران 30 ارب روپے کا ریکارڈ منافع حاصل کیا!

#SNGPL #RecordProfit #PakistanEconomy #GasSector #EnergyNews #FiscalYear2025 #EconomicGrowth #BreakingNews #PublicSector #SuiNorthern #pakistanmatters

Namibia expects two final investment decisions in oil sector by 2027 The Ministry of Mines, Energy and Industry has expressed confidence that Namibia will secure at least two final investment decisions (FIDs) in its emerging oil and gas sector by 2027, paving the way for production within the next five years. Petroleum commissioner Maggy Shino confirms that the transition from exploration to production is becoming a reality following a series of successful discoveries. “Oil and gas production in Namibia is no longer a myth that we have been preaching for the past 30 years since we started exploration. We have made the discoveries, we have appraised those discoveries, and at least for a bare minimum, we are going to get at least two FIDs that are going to come on board in the next two years,” Shino says. Namibia’s recent petroleum discoveries, including the highly anticipated Venus project, are expected to enter the production phase by 2030, depending on successful investment and project execution. Shino emphasises the need to develop local capacity to ensure Namibians play an active role in the industry rather than remaining spectators. She called on the financial sector to support local businesses looking to enter the oil and gas value chain, urging financial institutions to take calculated risks in funding start-ups that will provide essential materials, logistics and services. “Namibia’s local content policy is positioned as a key enabler in ensuring that the economic benefits of oil and gas production are retained within the country,” she says. She also stresses the importance of local capital in maximising value and reducing dependence on international financing. “If money is coming from the international market, the value and the benefit that’s going to be ripped out of that investment will go when the capital is coming from it,” she says, urging stakeholders to recognise the opportunity as a tangible and imminent one. The announcement comes as French oil major TotalEnergies has postponed its final investment decision on its major offshore oil discovery in Namibia to 2026. Chief executive Patrick Pouyanne confirmed the delay last month. The Venus oilfield, initially projected to produce 160 000 barrels per day, is now expected to reach 150 000 barrels per day, according to revised forecasts presented during the company’s investor day in October 2024. Meanwhile, Portuguese energy company Galp Energia, in partnership with the National Petroleum Corporation of Namibia and Custos Energy, is advancing offshore oil exploration in Namibia’s Mopane complex under petroleum exploration licence 83. The recent drilling of the Mopane-3X well confirmed substantial light oil and gas-condensate reserves across multiple reservoirs, bringing the company closer to a final investment decision. – miningandenergy.com.na The post Namibia expects two final investment decisions in oil sector by 2027 appeared first on The Namibian.

#Namibia #OilIndustry #GasSector #InvestmentDecisions #EnergyProduction