ISLAMABAD: Prime Minister Shehbaz Sharif is expected to embark on a high-level visit to China in August 2025 to strengthen economic ties and hold strategic consultations with Chinese leadership, according to official sources. In preparation, Chinese Ambassador Jiang Zaidong and a delegation from the Chinese Embassy met with Commerce Minister Jam Kamal Khan on Tuesday to discuss the upcoming visit’s economic agenda. The envoy was joined by senior embassy officials, including Minister Counselors Yang Guangyuan and Xu Hangtian. Ambassador Jiang praised Pakistan’s recent economic reforms, highlighting progress in GDP growth,…
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Power Sector’s Reduced RLNG Offtake Sparks Gas Supply and Financial Concerns
ISLAMABAD: Pakistan’s power sector consumed 28% less RLNG than its committed volumes with Sui Northern Gas Pipelines Limited (SNGPL) in June 2025, triggering serious operational and financial concerns for the gas utility, sources revealed. SNGPL had planned for a committed supply of 550 MMCFD (million cubic feet per day) to the power sector, but actual consumption averaged just 396 MMCFD, leading to gas buildup in the system. The utility has repeatedly flagged the issue to the Directorate General of Gas (Petroleum Division) and the Power Division, warning of potential disruptions…
Read MorePakistan Faces Looming LPG Shortage Amid Regional Conflict and Limited Storage
ISLAMABAD: Chairman of the LPG Distributors Association, Irfan Khokhar, has issued a stark warning that the ongoing Iran-Israel conflict could trigger a nationwide LPG crisis in Pakistan if immediate steps are not taken to bolster storage and ensure alternative import routes. Highlighting the critical shortfall, Khokhar said Pakistan is already facing an LPG deficit, and the closure of borders amid the conflict is worsening the situation. He urged the government to urgently arrange special imports to avert a looming supply shock. He warned that the disruption could empower the LPG…
Read MoreTarbela Dam Water Levels Drop Alarmingly, Power Generation Severely Impacted
HARIPUR: Water levels at Tarbela Dam have plummeted to critically low levels amid an ongoing dry spell, raising serious concerns over electricity generation and irrigation needs. As of now, the reservoir stands at 1,450.85 feet, just 48 feet above the dead level of 1,402 feet, and nearly 100 feet below its full capacity of 1,550 feet. Despite all 17 power generation units being operational, electricity output has dropped sharply to only 1,413 megawatts, well below the dam’s maximum capacity of 4,888 megawatts. The inflow of water is currently 177,400 cusecs,…
Read MoreGovt Misses Water Project Spending Target for FY2024-25 Amid Implementation Delays
ISLAMABAD: The government is set to fall significantly short of its spending target for water sector development projects in the outgoing fiscal year 2024-25, with only Rs79.4 billion spent by May against an allocated Rs142.6 billion under the Public Sector Development Programme (PSDP). According to the Annual Plan 2025-26, the FY25 water development programme included 59 projects with a cumulative approved cost of Rs2,298.3 billion. Despite persistent implementation hurdles, efforts were made to accelerate progress. By June 2025, 23 schemes worth Rs163.5 billion are expected to be completed or closed.…
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