LNG: delivering on our promises

When my fellow Pakistanis read this, the first question that may come to mind is why the minister for maritime affairs is writing an article on LNG. So, let’s start with that. My association with the PTI spans over two decades. I joined the struggle in 1999 and actively started participating in politics in 2002 when I contested the elections…

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Govt allows hiring of transaction adviser for discos privatisation

ISLAMABAD: The government on Thursday allowed appointment of a transaction adviser to award management contracts to private sector for operating power distribution companies. The decision was taken during a meeting of the Cabinet Committee on Privatization presided over by Minister for Finance and Revenue Hafeez Shaikh. The privatisation division presented various proposals regarding award of management contracts for smooth running…

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Packages Convertors Limited is now Powered by Zero Carbon

karachi: A contract signed between the two parties will enable Packages Convertors Limited to save over 2600 tonnes of carbon emissions by using a customized commercial solar installation by Zero Carbon. The 3.12MW project will be producing approximately 4.2 million units of electricity each year. The complex installation will comprise of a special structure to be installed on shell type…

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Uninterrupted gas for two Punjab plants ordered

ISLAMABAD: The government has ordered uninterrupted operations of two Punjab-based fertiliser plants — Agritech and Fatima Fertiliser — on domestic gas supply from Sui Northern Gas Pipelines Ltd (SNGPL) until November this year to ensure sufficient local fertiliser production. Also, the Petroleum Division and the SNGPL have been asked to charge late payment surcharge (LPS) on gas bills to these…

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Dawood for improving Pakistan’s economic security

Abdul Razak Dawood, Advisor to Prime Minister on Commerce and Investment, on Wednesday said that a strong economy will enhance country’s power and hence will strengthen national security.  He was addressing the Second Session of the Islamabad Security Dialogue. He said that history has shown that economic backwardness leads to social conflicts and political turmoil and thus weakens national security. …

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PSO launches procurement through SAP Ariba

KARACHI: The nation’s most progressive energy company, the Pakistan State Oil (PSO), has once again taken the lead by launching e-procurement through SAP Ariba. The new e-procurement solution will significantly enhance the company’s strategic and operational capabilities and provide a level playing field to a large pool of suppliers while also increasing efficiency and reducing turnaround time. This key milestone…

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