Back in 2008, Beijing introduced a nationwide ban on ultra-thin plastic bags in a bid to tame the plastics menace that had earned the nation the reputation as the world’s largest generator of waste and also the largest source of waste plastic flowing into our oceans. But more than a decade since the policy was unveiled, use of these banned…
Read MoreYear: 2020
Pakistan looks for financial consultant as TAPI up for grabs
KARACHI: Pakistan is hiring a consultant to update financial and commercial aspects, including pricing formula, related to trans-Afghanistan pipeline that targets first gas flow in next four years, it was learnt on Tuesday. State-owned Inter State Gas Systems (ISGS) wants international/local firms for provision of commercial consultancy services with respect to the commercial and financial aspect of Turkmenistan-Afghanistan Pakistan-India (TAPI)…
Read MoreNew Zealand’s Ardern Declares ‘climate Emergency’
Wellington, Dec 2 (APP – UrduPoint / Pakistan Point News – 2nd Dec, 2020 ) :New Zealand Prime Minister Jacinda Ardern declared a “climate emergency” on Wednesday, telling parliament that urgent action was needed for the sake of future generations. Ardern said the science on climate change was clear and New Zealand had to acknowledge the threat. The centre-left leader…
Read MoreUK one of first countries to start vaccinating its population, approves shots from ‘next week’
Pfizer and BioNTech say they’ve won permission on Wednesday for emergency use of their Covid-19 vaccine in Britain, the world’s first coronavirus shot that’s backed by rigorous science — and a major step toward eventually ending the pandemic. The move makes Britain one of the first countries to begin vaccinating its population as it tries to curb Europe’s deadliest Covid-19…
Read MoreExports rise 7.2pc to $2.15bn, says Razak
KARACHI: The country’s exports in November rose 7.2 per cent year-on-year to $2.156 billion from $2.011bn in November 2019, Adviser to PM on Commerce and Investment Abdul Razak Dawood said in a tweet on Tuesday. Exports during the month under review were highest in 30 months since peaking at $2.227bn in May 2018. “I would like to share that in…
Read MoreKarachi industry slams low gas pressure
KARACHI: Various industrial areas in the city are facing severe low gas pressure despite the federal government’s assurance of uninterrupted gas supply in winter, heads of industry associations said on Tuesday. President SITE Association of Industry Abdul Hadi said the area is still deprived of consistent and committed gas pressure due to which many industrial pockets are struggling to meet…
Read MoreAgreements for Azad Pattan project inked
The project agreements for construction of Azad Pattan Hydropower Project, under the China-Pakistan Economic Corridor (CPEC), were signed on Tuesday. With an investment of over $1.35 billion and 700.7 megawatts of electricity, the Azad Pattan Project involves no fuel import and will enable the country to move towards cheaper and greener power generation. The agreements, including the implementation agreement and…
Read MoreFuel loading starts for nuclear power plant testing
ISLAMABAD: Pakistan on Tuesday started loading fuel to the 1,100MW nuclear power plant in Karachi for testing in run-up to its commercial operations in April 2021 while the Azad Jammu and Kashmir government signed agreements with a Chinese company for construction of a 700MW hydropower project. A spokesperson for the Pakistan Atomic Energy Commission (PAEC) said fuel loading for the…
Read MoreTurkey Halts Mediterranean Oil, Gas Survey On EU Sanctions Threat
Turkey has halted survey for oil and gas in the Mediterranean and had its survey vessel back to a Turkish port, days before European Union leaders are set to discuss the possibility of EU sanctions on Turkey over its intention to drill for oil and gas in waters that EU members Greece and Cyprus consider part of their territorial waters.…
Read MoreOGRA suggests increase in petrol prices for Dec
The Oil and Gas Regulatory Company (OGRA) has advised the petroleum division to raise fuel prices in December. It has sent a summary with higher prices to the division. OGRA recommends raising petrol prices from Rs2.55 per litre from December 1. High speed diesel should be increased by Rs2.70, it advised. Prime Minister Imran Khan has to approve the increase…
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