Welcome to The Azadi Briefing, an RFE/RL newsletter that unpacks the key issues in Afghanistan. I’m Abubakar Siddique, senior correspondent at RFE/RL’s Radio Azadi. Here’s what I’ve been tracking and what I’m keeping an eye on in the days ahead. The Key Issue Plans by the Afghan Taliban to build a hydroelectric dam on a major river in eastern Afghanistan have raised…
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ISLAMABAD, December 22, 2023: In continuation of its strategic collaboration for uplifting the local community, Oil and Gas Development Company Limited (OGDCL) has partnered with the Health and Nutrition Development Society (HANDS) for the construction of 84 climate-resilient houses at Umaid Ali Rawtani village of Jhal Magsi district of Balochistan province. The transformative initiative aimed to uplift the community of…
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KARACHI: Imran Maniar, Managing Director, Sui Southern Gas Company (SSGC) has reiterated Company’s commitment towards addressing the complaints and grievances of its customers in a swift manner, even though the utility is faced with an uphill challenge of ensuring sustainable gas supplies in the backdrop of a widening demand and supply gap. He said this while chairing the physical /…
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ISLAMABAD: With system losses touching a record 14.5 per cent, the Oil and Gas Regulatory Authority (Ogra) on Friday notified about 10pc increase in the sale price of Regasified Liquefied Natural Gas (RLNG) for two Sui gas companies – SSGCL and SNGPL — for the current month with effect from Dec 1 owing to higher international prices, particularly of two…
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Islamabad, December 22, 2023: The Oil and Gas Regulatory Authority (OGRA), in accordance with the Policy Guidelines of the Federal Government, has determined the Re-gasified Liquefied Natural Gas (RLNG) prices effective December 01, 2023, as under: 2. The RLNG price Notification for the month of December 2023 is readily available at OGRA website www.ogra.org.pk. 3. The increase in RLNG prices is…
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Sluggish economic activities, soaring product prices contribute to reduced demand KARACHI: Pakistan experienced a 13% decline in overall energy imports, reaching $1.42 billion in November 2023, shedding light on subdued demand for petroleum, oil, and gas products. Economic activities remained lacklustre due to sluggish growth, and the recent surge in product prices has hampered purchasing power across various sectors. The…
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Angola’s oil production is around 1.1 million bpd. LONDON: Oil prices fell by more than $1 a barrel on Thursday after Angola announced it is leaving the Organisation of the Petroleum Exporting Countries (OPEC). Brent crude futures were down $1.30, or 1.63%, to $78.40 a barrel by 1419 GMT, while US West Texas Intermediate crude was lower by $1.19, or…
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KARACHI: High gas prices appeared to have made textile exports uncompetitive on the world market resulting in an eight per cent month-on-month and 7pc year-on-year decline to $1.3 billion in November. In rupee terms, the country’s textile exports clocked in at Rs376bn, down by 7pc month-on-month but rose 19pc year-on-year owing to rupee depreciation against the dollar, said a note…
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LONDON: British Prime Minister Rishi Sunak on Thursday hailed a deal with the European Union to delay post-Brexit tariffs on electric vehicle sales that were due to kick in from January. It comes after the European Commission agreed earlier this month that it would back a one-off postponement until the end of 2026 of the planned 10 per cent tariffs,…
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Mithi (Dec 20): Sindh Engro Coal Mining Company (SECMC) has deposited Rs12 billion in royalty to the Sindh government accounts and paid Rs8 billion to the shareholders of the company- which means the government and the displaced persons who are paid Rs100,000 annually.This was disclosed in a meeting held under the chairmanship of Caretaker Sindh Chief Minister Justice (Retd) Maqbool…
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