Pakistan is making strides in expanding its energy infrastructure, with two major projects set to enhance energy security and reduce reliance on expensive fuel imports. The Thar Coal Railway Line, a 105km rail network connecting Thar’s coal mines to Port Qasim, is on track for completion by December 2025.¹ ² This project, overseen by the federal and Sindh governments, will…
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China’s Two Sessions and it’s impact on Pakistan-China relations
Pakistan views China’s Two Sessions —the annual gatherings of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC)—as a pivotal event for the future of bilateral cooperation. These sessions provide Pakistan with key insights into China’s economic, regional and global priorities, which directly have the positive impact on the trajectory of the China-Pakistan relationship, especially within…
Read MoreSaudi Arabia may lower April oil prices for Asia
SINGAPORE: Top oil exporter Saudi Arabia may slightly cut its crude prices for Asian buyers in April, tracking the marginal decline in benchmark prices this month, traders said on Friday. The April official selling price (OSP) for flagship Arab Light crude may decline by 20 cents to 65 cents a barrel from March, four Asian refining sources said in a…
Read MoreLPG prices down by Rs6.15 per kg
ISLAMABAD: The government on Friday decreased Liquified Petroleum Gas (LPG) prices by Rs6.15 per kilogram for both domestic and commercial consumers for the month of March 2025. These new prices will be effective from today (March 1). Last month (February), the prices were increased by Rs3.68/kg. According to a notification issued by Oil and Gas Regulatory Authority (Ogra) here on…
Read MoreSCADA-III project: achieves major milestone
LAHORE: The National Transmission & Despatch Company (NTDC) has successfully achieved a milestone in the SCADA-III project with partial activation of the new Control Room and Supervisory Control and Data Acquisition (SCADA) system becoming partially live, installed at the National Power Control Centre (NPCC), Islamabad. The system was inaugurated by the Managing Director NTDC, Engr. Muhammad Waseem Younas and senior…
Read MoreRussia extends gasoline export permits until end of Aug 2025, Ifax reports
MOSCOW: The Russian government has decided to extend petrol export permits for producers until the end of August 2025, Russian news agency Interfax reported on Thursday. China’s April gasoline exports fall to lowest level since July 2015 on recovering domestic demand The government made the decision to maintain a stable situation in the domestic fuel market and support the oil…
Read MoreSindh Chief Minister Syed Murad Ali Shah, while presiding over a cabinet meeting, made several significant decisions, including the procurement of 1,000 pink electric motorcycles for women, the acquisition of double-decker buses and electric vehicles (EVs) for the city, and the immediate improvement of Keejhar Lake and the KB Feeder to provide water for the K-IV project. Additionally, he allowed Dow to establish a company to manufacture anti-snake and anti-rabies vaccines.
he meeting, held on Thursday at CM House, was attended by provincial ministers, advisors, special assistants, the Chief Secretary, and relevant secretaries. Pink Electric Motorcycles for Women: The cabinet was informed that the Transport and Sindh Mass Transit Authority (T&MTD) plans to launch a program aimed at enhancing female mobility through sustainable transportation. This initiative will introduce approximately 1,000 electric…
Read MoreIEA says Europe should replace Russian LNG with Qatari supply from 2027
LONDON: European countries should consider replacing liquefied natural gas (LNG) imports from Russia with other sources beginning in 2027, the International Energy Agency director said on Tuesday. Fatih Birol was speaking at the International Energy Week conference in London. “Europe has been importing a lot of Russian LNG to help its economies,” he said. “It may be high time to…
Read MoreAqib Javed defends team selection after Champions Trophy debacle
Pakistan’s interim head coach and selection committee member, Aqib Javed, defended the team’s selection Wednesday after their early exit from the ICC Champions Trophy. Hosts Pakistan were knocked out of the tournament following back-to-back losses against New Zealand and India have led to criticism., which led to fans and experts questioning the team’s selection and performance. Speaking to the media in Rawalpindi,…
Read MoreOil holds at two-month low on rising supply concerns
LONDON: Oil prices held at two-month lows on Wednesday as a potential peace deal between Russia and Ukraine continued to weigh on prices while lower U.S. crude stockpiles provided some support. Brent crude eased by 3 cents to $72.99 a barrel by 1142 GMT while U.S. West Texas Intermediate crude oil futures gained 3 cents to $68.96. Prospects for a…
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