Month: January 2024

This is about recent news items circulating in electronic, print and social media concerning Sui Southern Gas Company and its Board of Directors.The Petroleum Division condemns the malicious campaign against the SSGC, its chairperson and its board of directors.Dr. Shamshad Akhter along with the Board members has successfully led the organization since her initial appointment in 2019. Under her visionary…

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Islamabad. The Oil and Gas Regulatory Authority (OGRA) in accordance with the Policy Guidelines of the Federal Government has determined the Regasified Liquified Natural Gas (RLNG) prices for sui companies with effective from January st, 2024 as under: The decrease in RLNG prices is due to decrease in DES price. The RLNG price notification for the month of January, 2023…

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KARACHI: The Information technology (IT) exports surged to a record high of $303 million in December, up 17 percent month-on-month and 23 percent year-on-year, industry data showed on Wednesday. The IT exports in December were also higher than the last 12-month average of $222 million, reflecting the strong performance of the sector, brokerage Topline Securties said in a report. The…

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ISLAMABAD: Private Power and Infrastructure Board (PPIB) has decided to conduct International Competitive Bidding (ICB) for an Independent Auction Administrator (IAA) for the 330 MW Thar coal power project for sale of electricity to K-Electric (KE) as a private power purchaser without GoP guarantee, official sources told Business Recorder. Sharing the details, sources said, M/s Siddiqsons Energy Limited (SEL), the developer…

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In early hours of 18 January 2024, Pakistan carried out effective strikes against hideouts inside Iran used by terrorists responsible for recent attacks in Pakistan. The precision strikes were carried out using killer drones, rockets, loitering munitions and stand-off weapons. Maximum care was taken to avoid collateral damage. Hideouts used by terrorist organisations namely Balochistan Liberation Army and Balochistan Liberation…

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Karachi – In the wake of the recently concluded 6th Karachi International Water Conference, organized by Hisaar Foundation (HF) in association with Infra Zamin Pakistan and other partners, Pakistan has taken a significant leap by unveiling three essential initiatives aimed at addressing pressing water and climate challenges. The two-day conference, a testament to Hisaar Foundation’s persistent dedication to water-related issues…

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KARACHI: Chairman Karachi Port Trust (KPT) Syed Syedain Raza Zaidi, after listening to the grievances being faced by business community due to exorbitantly high and totally unjust charges, grilled Shipping Companies for terribly looting traders by overcharging under various headers without any justification.KPT will go very tough against the highhandedness of shipping companies, hence, they should submit details of their…

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