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Riaz Haq's Blog – April 2012 Archive (6)
Pak Virtual Education Institution Wins Top Award
Pakistan's Virtual University (VU) has won the Outstanding New Site Award 2012 for an Open CourseWare website which was created last year, according to media reports.
The Awards for OpenCourseWare Excellence…
Added by Riaz Haq on April 30, 2012 at 11:00pm — 14 Comments
Expensive Fuel Hits Power Sector in India & Pakistan
Lack of affordable fuel has forced many power producers in Pakistan to operate at a fraction of their installed capacity since 2008. It has led to widespread load-shedding in the country, seriously hurting its economy. Similar situation now appears to be developing in India as well, although it's not quite as serious as Pakistan's current crisis yet. Current costs of various fuel options vary from $4 per mmBTU for coal to $20 per mmBTU for oil. Recently, the US prices of natural gas have…
ContinueAdded by Riaz Haq on April 21, 2012 at 10:00am — 11 Comments
Pakistan Should Seek US & Saudi Help to Develop Domestic Shale Gas Reserves
There are strong rumors that Kingdom of Saudi Arabia has joined the United States to oppose Iran-Pakistan gas pipeline project for which Pakistan is trying to arrange financing in the face of tightening US sanction on Iran.
The Chinese have already pulled out of the project after the US imposed sanctions on banks and other entities dealing with projects and transactions involving Iran. Russia's Gazprom is reportedly interested in financing and constructing the Pakistan section of the…
ContinueAdded by Riaz Haq on April 17, 2012 at 5:00pm — 6 Comments
Shale Gas Revolution For Abundant & Cheap Energy in Pakistan
US natural gas prices have fallen below $2 per million BTU (approx 1000 cubic feet), about one-sixth of the price Pakistan has agreed to pay for Iranian gas. With over 50 trillion cubic feet of known shale gas reserves in Sindh alone, Pakistanis can also enjoy the benefits of cheap and abundant source of energy for decades via…
ContinueAdded by Riaz Haq on April 12, 2012 at 6:30pm — 4 Comments
Pakistan's Informal Sector Drives Consumer-Led Economic Boom
Car sales increased 14 percent in February from a year earlier. Cement sales are rising with growing housing demand for increasing population. Lucky Cement, Pakistan’s biggest publicly traded construction materials company, is expected to post record earnings this year. Rising farm prices of bumper crops are pumping hundreds of billions of rupees each year into Pakistan's rural economy.
Contrary to…
ContinueAdded by Riaz Haq on April 7, 2012 at 7:30am — 14 Comments
Pakistan Can Overcome Energy Crisis with US Help on Shale Gas Development
Pakistan has over 50 trillion cubic feet of shale gas reserves, according to the US Energy Information Administration (EIA) estimates. It's enough to energize Pakistani homes, businesses, power plants, CNG vehicles, fertilizer plants and factories for 25 years at a rate of 2 trillion cubic feet of consumption per year at…
ContinueAdded by Riaz Haq on April 4, 2012 at 6:00pm — 2 Comments
Latest Blog Posts
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Blog Posts
Comparing 30 Years of Military Rule in Indonesia and Pakistan
General Suharto stepped down 15 years ago tomorrow. Here's an excerpt of today's New York Times story on the Indonesian strongman's legacy:
"Mr. Suharto’s spirit continues to loom over modern-day Indonesia. He brought the country back from the brink of political, social and economic…
Posted by Riaz Haq on May 20, 2013 at 10:00pm
India Leads the World in Racism
43.5% of Indians, the highest percentage in the world, say they do not want to have a neighbor of a different race, according to a Washington Post report based on World's Values Survey.
About Pakistan, the report says that "although the country has…
Posted by Riaz Haq on May 16, 2013 at 10:33pm — 2 Comments
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