The Ministry of Industries and Production has failed to act against the officers found involved in the irregular goods procurement and appointments in the public sector Heavy Engineering Complex, Hattar Industrial Estate, three years ago. According to the report of an inquiry, whose copy is available with Dawn, the departmental audit committee detected in Nov 2019 the irregular goods procurement…
Read MoreDay: January 8, 2022
Owners slam CNG stations closure in Abbottabad, Mansehra
The Khyber Pakhtunkhwa CNG Association and owners of the gas stations on Friday termed the closure of gas stations in Abbottabad, Mansehra and other districts of the province as contempt of court and decided to move the Peshawar High Court (PHC) against the Sui Northern Gas Pipelines Limited (SNGPL) and respective district administrations for closing the pumps till January 20.…
Read MoreUS natural gas rise as winter storm boosts demand to near record high
US natural gas futures rose almost 3% to a one-week high on Friday as a major winter storm blankets the Northeast in snow, driving overall gas demand to its highest in a day since hitting a record in 2019. As homes and businesses in New York and New England crank up their heaters to escape the freezing weather, next-day power…
Read MoreAnother gas explosion in Karachi nullah reported
Another gas blast was reported in a nullah in Karachi s Shershah area on Friday. It is pertinent to mention here that on December 19, a terrible explosion took place at Shershah Paracha Chowk near the same location due to filling of gas in the drain, as a result of which 17 people were killed. On the other hand, during the…
Read MoreHigher Natural Gas Prices Push Up U.S. Wholesale Electricity Prices
Rising fuel costs, especially those of natural gas, drove up wholesale electricity prices in all U.S. regions in 2021, the Energy Information Administration (EIA) said in an analysis on Friday. Average wholesale prices for electricity at all major trading hubs in the United States were higher in 2021 than in 2020 as a result of the rising costs of the fuels used…
Read MoreNatural gas bans are new front in effort to curb emissions
But as New York and other left-leaning states consider ways to limit natural gas and the greenhouse gas emissions it creates, 20 mostly Republican states have passed laws barring cities and counties from blocking gas hookups. “Growing the demand for natural gas is exactly what the world does not need right now,” said New York state Sen. Brian Kavanagh, the Democrat who…
Read MoreGovt’s three years in power an ‘economic success story’
Prime Minister Imran Khan Friday said despite the 2018 worst balance of payment crisis, economic problems due to Covid-19, high commodity prices in international market and direct and indirect impact of humanitarian crisis in Afghanistan, Pakistan was expected to achieve over four percent economic growth – which was a major success. “Since we inherited a huge circular debt, ant-export policies,…
Read MoreClimate Matters
During the month of December 2021 two warnings of impending sea level rise were issued by highly respected groups of climate scientists. These are professional scientists who do not deal in hyperbole. Rather, they are archetypical conservative serious-minded scientists who follow the facts. The most recent warning on December 30th is of deteriorating conditions at the Arctic and Greenland. The…
Read MoreGas suspension: Pakistan loses textile exports worth $250m
According to the working done by the All Pakistan Textile Mills Association (APTMA), the Punjab textile sector has sustained losses of $250 million in exports because of suspension of gas supply in December 2021. Shahid Sattar, Executive Director, APTMA, when contacted, confirmed that $250 million worth of textile exports were lost last month, which will never be recovered after mills…
Read MorePower sector entities: CPPA-G, LUMS join hands to achieve capacity-building goal
A two-day follow-up training workshop for the officer and engineering professionals of DISCOs (Distribution companies) was arranged on Friday under the banner of Power Sector Centre of Excellence (PSCE) established at LUMS in Lahore. PSCE is a training and knowledge hub founded jointly by CPPA-G (Central Power Purchasing Agency) and LUMS Energy Institute (LEI). The training was attended by 80…
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