Sui Southern Gas Company (SSGC) on Saturday restored gas supply to Quetta and other parts of the province. Gas supply was suspended to Quetta, Mastung, Qalat, Pishin, Ziarat and some other areas of the province after the 24-inch wide gas pipeline passing under the riverbed was washed away by floodwater in Bibi Nani area on Friday. “Gas supply has been…
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ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has extended the ban on the use of LPG as fuel in public transport and letters have been issued to all chief secretaries of the provinces. Liquefied Petroleum Gas (LPG) as fuel in public transport is the reason behind blasts which continue unabated despite a ban imposed by the OGRA. On December…
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Directorate General of Customs Valuation Karachi has fixed US$140 Per Metric Ton (PMT) as the import value of Afghan-origin coal imported into Pakistan via land-borders Custom stations. In this connection, the directorate has issued new valuation advice to the Collectors of Customs, Appraisement (Peshawar), Enforcement (Peshawar) & Enforcement (Dera Ismail Khan) Khyber Pakhtunkhwa (KP). According to the valuation advice, the…
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The federal cabinet on Saturday approved big changes in the Liquefied Natural Gas Policy, 2011 ahead of Prime Minister Shehbaz Sharif’s visit to Qatar. According to sources, the federal cabinet’s approval for making big changes in the LNG Policy, 2011 were taken on an emergency basis through a circulation ahead of PM Shehbaz’s visit to Qatar. Sources said that the…
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The Federal Cabinet has approved changes to the Liquefied Natural Gas (LNG) Policy 2011 ahead of Prime Minister Shehbaz Sharif’s visit to Qatar. According to sources, the federal cabinet has approved the summary through circulation on an emergency basis as Prime Minister Shehbaz Sharif is scheduled to visit Qatar next week. Media reports said that the cabinet approved the changes…
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The country’s major water reservoir, Tarbela Dam, on Saturday attained its maximum capacity of holding water, indicating that there will be enough water available for irrigation of crops in the coming Rabi (winter) season that starts in October with major crops like wheat, barley, lentil, potatoes, onions, tomatoes, etc. The filling of the dam to its maximum level would also…
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Attock Refinery Limited (ARL) has warned Oil and Gas Regulatory Authority (Ogra) of going for a complete shutdown during the upcoming week due to refusal of oil marketing companies (OMCs) to lift oil stocks due to heavy imports. In an urgent letter written to Ogra Chairman Masroor Khan on Thursday, ARL Chief Executive Officer Adil Khattak drew attention towards the…
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The sales-strapped Attock Refinery Limited (ARL) on Thursday shouted out to apex oil sector regulator to save it from a full-scale shutdown owing to a drastic fall in the upliftment of petroleum products by the oil marketing companies (OMCs) that are now relying more on somewhat cheaper imports, The News learnt on Thursday. “If the OMCs do not increase lifting…
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Reports indicate that the province has received 308% more rainfall than historic average in July 2022 alone, with at least 800mm of rain in the last 48 days in Karachi alone. KE’s network of over 1900 feeders remained stable, powering the city during the ongoing spells. The maximum number of feeders powered down for safety reasons were less than 100,…
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Crude oil prices resumed their climb on Thursday, reclaiming some of the ground lost over the last month. At 1:30 p.m. ET, the WTI benchmark was trading at $91.09, a 3.38% gain on the day. WTI prices are still down from the $100+ barrel mark seen last month, as recession fears took hold of the market, threatening to subdue crude…
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