price hikes

Dominican Republic: Se reduce servicio de concho y taxi por aguda escasez del gas propano

The availability of LPG in the country has gone from bad to worse. Yesterday dozens of tankers remained in a row over a kilometer off the Dominican Petroleum Refinery, while carriers reported that over 50% of taxi service and conchos across the country went out of operation due to lack of liquefied gas.

India: No official end to 6-hr cuts yet

Once bitten, twice shy - that seems to the approach of the MSEB, which has withdrawn the six-hour power cuts in most cities and towns but is reluctant to announce it officially, fearing that the rains may play truant again.

Thane, Mulund and Navi Mumbai have not faced any load-shedding in the last two days due to a dip in demand and procurement from outside the state. Sources also say there has effectively been zero load-shedding in most big cities. The MSEB, though, is not sure about the stability of its generation sets or the rains.

India (Kashmir): Siege Throws Valley into Fuel Crisis

Petroleum stocks in the valley are on the point of running out because of the cutting off of supplies over the Srinagar-Jammu highway, and the shortage has assumed the proportions of a crisis.
But the government maintains that the valley has adequate reserves of petroleum products.

Nepal: Fuel price hike can only ease supply - Supplies Minister

Minister for Industry, Commerce and Supplies Shyam Sundar Gupta Monday said that the price revision is the only alternative to ensure the smooth supply of fuel.

Addressing today’s Constituent Assembly (CA) meeting, Minister Gupta said that the government have been attempting find an alternative sources of energy in order to cope with the unresolved fuel crunch.

Afghanistan: Fuel prices surge in Afghanistan after imports stop

The price of fuel has risen sharply in Afghanistan after major foreign suppliers stopped exports to the landlocked nation, an official said on Tuesday.

The rise has also pushed up prices of food and other commodities in one of the poorest countries of the world which is already struggling to cope with a virulent Taliban insurgency and faces poor harvests this year due to drought.

Argentina: Horticultores preocupados por los bajos precios y la escasez de combustibles

Low prices and shortages of fuel put at risk the profitability of the horticultural sector, as producers assured the Republic of Saint Lucia, Goya and Lavalle. The most urgent demand in the sector is that the nation is not involved with their pricing policies, as they believe that the activity should be governed by the law of supply and demand.

China: China is no leading light in energy efficiency

China's ballooning appetite for energy has helped push global prices higher for oil and coal, much of which is wasted.

Energy efficiency in China is just a fifth of U.S. levels. The government has put a priority on improving that by closing hundreds of small, coal-fired power plants and steel mills, raising fuel economy standards and consumption taxes on gas-guzzling cars, and pushing stores and apartment owners to replace incandescent bulbs with green ones.

Dominican Republic: Electricity’s dark edge has Dominicans on the brink

Dominican Republic’s electricity sector is “on the brink of darkness,” reports the financial publication Market Watch, quoting from a report by Fitch Ratings, while citizens and groups get edgy and announce protests

Dominican Republic: Miffed at blackouts , Dominican capital’s downtown stores to shutdown

As of 3 p.m. Tuesday Calle El Conde store owners will shut their doors to demand better electricity service, a situation they affirm has taken them to the brink of bankruptcy.

In a press conference Conde street and Colonial Zone retailers grouped in Asoconde said their agreement with the electricity distribuitor Edeeste has never been adhered to and on the contrary get blackouts as long as 10 hours daily.

India (Kashmir): Severe shortage of essential commodities in Jammu - JKNP

Jammu and Kashmir National Party (JKNP) on Monday alleged that the Jammu region was reeling under an "acute scarcity" of essential commodities with no measures in place to tide over the crisis.

"There is acute scarcity of essential commodities here triggered by bandhs and curfew. But Governor NN Vohra is yet to take any measures in this direction," JKNP President, Randeep Singh Parihar said to the reporters here.

India: Rains blamed for higher load-shedding

First, the Maharashtra State Electricity Generation Company (Mahagenco) blamed the lack of rains for high demand of power. Now it is blaming the rains for not being able to generate enough electricity.

Lebanon: Egypt to supply 200 MW of power to Lebanon

Egypt is to supply power-starved Lebanon with 200 megawatts (MW) of electricity to help it meet a drastic shortfall, Lebanon's Energy Minister Alan Taburian said on Monday.

"Egypt has an excess of 600 MW of electricity which will be divided as follows: 200 MW for Jordan, 200 for Syria and 200 for Lebanon," Taburian told reporters after talks in Beirut with his Egyptian counterpart, Hassan Yunes.

Northern Marianas: Power Plant 1 down to one power engine

Mechanical problems on three engines at Power Plant 1 left the Commonwealth Utilities Corp. with only one engine running at the plant, resulting in more outages on Saipan yesterday

In a statement, CUC said that Engines No. 2, 6 and 8 at Power Plant 1 experienced some mechanical problems, forcing the agency to expand the previously announced load shedding schedule to include other areas of the electrical grid not previously scheduled.

Vietnam: Solutions for Vietnam’s power industry

The electricity shortage in Vietnam has become critical and some people say the country, after 20 years of development, is still having as many power cuts as in the days of the state subsidy system.