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Month: July 2021

Govt developing integrated plan to fix structural issues in energy sector: Gauhar

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Special Assistant to Prime Minister (SAPM) on Power and Petroleum Tabish Gauhar has said that the government is developing the first-ever Integrated Energy Plan to address various structural challenges in the energy sector. The SAPM tweeted this on Tuesday as detailed consultative sessions on the National Electricity Plan started following the National Electricity Policy 2021 recently approved by the Council…

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Socar hopes energy links with Pakistan will flourish

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The State Oil Company of Azerbaijan Republic (Socar) on Tuesday appeared to be back-peddling its diplomatic push for oil and gas deals with Pakistan’s public sector firms under government-to-government arrangement after an aggressive public snub by the Petroleum Division. A Socar spokesman said that various media reports appearing in the last several days did not represent the reality of successful cooperation between…

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National Minerals Data Centre being set up for investors’ facilitation

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The Petroleum Division, during the current fiscal year, would initiate a new project to compile the data of available minerals for facilitation of investors and future projects’ planning in the country. The two-year project, titled National Minerals Data Centre (NMDC), is a joint venture of Petroleum and Planning Divisions that would be carried out at a total cost of Rs…

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90% Work On White Oil Pipeline’s Dualization Completed; Commissioning From Sept 1

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The Petroleum Division has ‘technically’ completed 90 per cent work on dualization of the White Oil Pipeline (WOP), from Karachi to Mehmood Kot section, for smooth supply of petrol and diesel to Oil Marketing Companies (OMCs) and reducing reliance on the traditional mode of transportation through tankers. “Currently 90% project has been technically completed, while testing and commissioning is planned…

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NAVTTC’s job placement centres linking skilled workforce with industry

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The National Vocational and Technical Training Commission’s (NAVTTC) initiative for establishing job placement centres with dedicated resources is linking Pakistani skilled workforce with employers in both national and international job markets. In addition to this, 104 Job Placement and Vocational Counseling Centres (JP&VCCs) have been established across the country for the benefit of youth; NAVTTC Chairman Syed Javed Hassan said…

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Promote high-quality CPEC operation for a closer China-Pakistan community of shared future: Ning Jizhe

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BEIJING: China-Pakistan Economic Corridor (CPEC), as the signature project of the Belt and Road Initiative (BRI), has achieved remarkable results in the first phase of operation. While it enters into a new stage of high-quality development, the establishment of “five corridors” will be enhanced for building a closer China-Pakistan community of shared future, Ning Jizhe, deputy head of the National…

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Green necessities

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A review of national energy resources shows that the future development and use of resources for power generation will be strongly influenced by the necessity to control environmental pollution. Currently, power generation capacity from all resources is 37,261MW, whereas the demand for electricity continues to grow fast. It is projected to have an installed cumulative power generation capacity of 79,449MW…

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Private sector avoids taking risks

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Federal Minister for Planning, Development & Special Initiatives Asad Umar has emphasised that the state should own and operate selective enterprises to support economic growth, as the private sector has time and again failed to make necessary investment in potential sectors and played safe in Pakistan. Speaking at a webinar on ‘Role of the State in Economic Development’ organised by…

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