Residents of Gharibabad area on Dalazak Road here on Monday demonstrated against the prolonged suspension of gas supply, excessive electricity loadshedding and non-provision of drinking water. The protesters, who also included children, blocked the area road by staging a sit-in led by chairman of the neighbourhood council, Noor Zaman. The protesters set on fire used tyres and raised slogans against…
Read MoreMonth: September 2022
OGRA asks provinces to ensure LPG Availability at Notified Price
The Oil and Gas Regulatory Authority (OGRA) on Monday asked the provincial and district authorities to ensure availability of the Liquefied Petroleum Gas (LPG) at the prescribed rate across the country. “The current notified LPG producer price is Rs 2,013 per 11.8 kg cylinder and for the consumer, it is Rs 2,496,” OGRA Spokesman Imran Ghaznavi said in a news…
Read MoreReconsidering Power in a Crisis
The floods are a major catastrophe the scale and consequences of which will take time to become embedded in the national consciousness. A trauma and crisis such as these floods plays a key role in pushing along the evolution of institutions, habits of thinking and approaches to policy. The good news is that we have agency to intervene in and…
Read MoreLHC Seeks Reply Over Hike In Fuel Prices
The Lahore High Court (LHC) on Monday summoned a reply from the Petroleum Ministry and the Oil and Gas Regulatory Authority (OGRA) over the recent hike in fuel prices. LHC bench heard a petition challenging the increase in the prices of petroleum products. The petitioner has argued that petrol prices have been increased in Pakistan despite downward trend at the…
Read MorePakistan Software Houses Association (P@SHA) IT Companies Donate 15 Million for Flood Relief to Alkhidmat Foundation
Pakistan Software Houses Association (P@SHA) and Alkhidmat Foundation have joined hands to help alleviate the miseries of the flood-affectees in these times of crises of unprecedented proportions. P@SHA member companies have collectively donated 15 million to Alkhidmat Foundation and more contributions are on their way. As a responsible association determined to contribute to prosperity of Pakistan, P@SHA initiated the relief…
Read MoreGovt Begins Implementing FCA Waiver For Power Consumers
The federal government has started the implementation process for grant of relief to power consumers over fuel charge adjustment (FCA) as announced by Prime Minister Muhammad Shehbaz Sharif. A formal notification has been issued by the Ministry of Energy, copy of which is available with The Nation. According to a notification of the Ministry of Energy (Power Division), Non-ToU domestic,…
Read MoreDamaged gas pipelines repaired in Balochistan: SSGC
Gas supply to affected areas of Balochistan will be restored shortly as the technical team of Sui Southern Gas Company has repaired the 12-inch diameter gas pipeline swept away by rains and floods in the Bibi Nani area of Bolan district. Talking to media on Sunday, the SSGC officials told that the repair work of the affected pipelines had been…
Read MoreForeign Minister Bilawal Bhutto Zardari Along with Diplomats of More than 20 Countries
Foreign Minister Bilawal Bhutto Zardari along with diplomats of more than 20 countries and representatives of international organizations visited the flood affected areas of Sindh, Balochistan and Khyber Pakhtunkhwa . The diplomats from Turkmenistan, Bahrain, Saudi Arabia, Azerbaijan, Germany, Spain, United States, China, France, Japan, Italy, South Korea, Qatar and Turkey among several other countries as well as representatives of…
Read MoreFactbox-Germany’s LNG import project plans
German is acquiring liquefied natural gas (LNG) terminals as part of its efforts to diversify away from Russian gas. It leased four floating storage and regasification units (FSRUs) in May capable of importing at least 5 billion cubic metres (bcm) of seaborne gas per year, two of them due to become available this year. Wilhelmshaven will become the first LNG…
Read MoreAsia Fuel Oil: HSFO Margins Weaken
Refining margins for 180-cst high sulphur fuel oil remained weak on Friday despite an uptick in cash differentials over recent trading sessions. The front-month crack was at a discount of $20.60 per barrel at the Asia close (0830 GMT) on Friday, declining further compared to an average discount of $16.59 per barrel over last month, based on Refinitiv data. Fuel…
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