A US-based mining exploration and development company, Nova Minerals Limited, has said that its discussions regarding the potential sourcing of antimony from Pakistan are still at an early and exploratory stage. In a clarification issued to the Australian Securities Exchange (ASX) on Monday, the ASX- and NASDAQ-listed miner addressed recent media reports suggesting arrangements to acquire antimony from Pakistan. The company stated that while preliminary discussions have taken place, no formal agreement has been finalised. “While preliminary discussions have been held in relation to sourcing antimony concentrate for testing purposes,…
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Govt Reviews Winter Gas Load Management, Tightens Supply Monitoring
ISLAMABAD: The federal government has reviewed the country’s gas supply situation and winter load management measures, with a renewed focus on ensuring uninterrupted supply to domestic consumers and improving complaint redressal mechanisms. Federal Minister for Petroleum Ali Pervaiz Malik chaired a high-level meeting on Monday to assess gas availability during the ongoing winter season, load management arrangements, and the handling of consumer complaints across the country. The meeting also examined an audit report by the Oil and Gas Regulatory Authority (OGRA) on compliance with service standards. According to an official…
Read MoreExotic Fish Species Pose Serious Threat to Pakistan’s Aquatic Biodiversity: WWF-Pakistan
KARACHI: The World Wide Fund for Nature-Pakistan (WWF-P) has warned that the unchecked introduction of exotic fish species poses a serious and growing threat to Pakistan’s aquatic biodiversity and fisheries economy, urging the government to enforce strict monitoring and establish quarantine facilities for imported fish. The warning followed the recent discovery of an unusual fish at Karachi Fish Harbour, brought from Sukkur, which initially went unidentified by fisheries officials. WWF-P later confirmed the species as the Amazon sailfin catfish—an invasive fish native to Latin America and commonly traded worldwide as…
Read More$2 Billion Rooftop Solar Investment at Stake
FPCCI-Energy Update seminar debates net-metering reforms and consumer confidence Karachi: A strong call to urgently harness Pakistan’s vast clean energy potential—particularly its abundantly available solar power—was made to drive rapid industrialisation, provide affordable electricity to industries, and energise off-grid homes in remote rural areas, while simultaneously easing the electricity woes of general consumers.These views were expressed at a high-level seminar on recent changes proposed in the government’s net-metering and rooftop solar policies and the serious concerns arising from them for both industry and consumers. The seminar was organised by the…
Read MoreEgypt and Qatar Sign MoU to Strengthen LNG Cooperation
CAIRO: Egypt and Qatar have signed a memorandum of understanding (MoU) aimed at boosting cooperation in liquefied natural gas (LNG) sales and imports, including provisions for delivering Qatari LNG shipments to Egypt’s Ain Sokhna and Damietta ports, the Egyptian Petroleum Ministry announced on Sunday. According to QatarEnergy, the agreement covers supplying Egypt with up to 24 LNG cargoes during the upcoming summer season. As the Arab world’s most populous country, Egypt has been working to increase domestic gas production and diversify import sources to meet rising energy demand. Gas production…
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