All posts tagged: resources

The Reason for the High Prices of Electricity and Natural Gas is Capitalist Policies

The Turkish Energy Market Regulatory Authority (EPDK) announced an increase in electricity tariffs for residential subscription groups by 20%, and for industrial subscription groups by 50%. Meanwhile, Turkish Petroleum Pipelines Corporation (BOTAŞ) announced a 20.4% increase in the residential subscription natural gas tariff and a 50.8% increase in the industrial subscription natural gas tariff. Thus, […]

Greedy West Casts Evil-Eyes on Petroleum-Rich Bangladesh

Bangladesh faces another three years of rolling power cuts as the developing nation struggles to secure long-term supplies of natural gas and is priced out of spot markets. The South Asian country stopped purchasing spot liquefied natural gas cargoes in June because of volatile prices, and is considering sourcing more long-term supplies, Nasrul Hamid, the […]

The Narrative of so called “Depleting Gas Reserve” proves that the Rulers under this Colonialist System neither care for Energy Security nor do they care about the Misery of the People

A major crisis is said to be looming for Bangladesh’s energy security as the country is heading towards a total depletion of its natural gas reserves. Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) said that the country has gas reserves for nine to 10 years, assuming a consumption of around 1 trillion cubic feet every […]

Electricity is Unaffordable Because of Capitalism’s Privatization Concept, as Safeguarded by Democracy

Through democracy’s implementation of Capitalism, the government is responsible for Pakistan’s electricity crisis. The present capitalist system ensures that through privatization a few private owners, foreign and local, fully benefit from electricity resources whilst the public faces hardship. Privatization raises electricity prices so that the private owners can profit in their business. As an example […]

Decisions and Actions of Secular Regimes are based upon Securing their Thrones by Giving Away the Nation’s Natural Resource to the Imperialists

Only the Khilafah will take Appropriate Steps to Explore Natural Resources and Distribute the Benefits to the Ummah Last June, on the pretext of acute gas crisis, Hasina government increased gas price, signed deals with Qatar and other countries to import millions of tons of LNG annually for the next 15 years, and nearly doubled […]

Resources Exploitation in the Name of Development Projects

Media outlets reported on Bill Gates recent visit to Tanzania, where the Bill & Melinda Gate Foundation set aside 777 billion Tsh to finance development projects in agriculture, health and Information Communication Technology (ICT) in the country. Comment: The Bill & Melinda Gates Foundation announced that the donation aims at reducing infant mortality rates, malaria […]