Another brewing LNG crisis is most likely to hit the country again in September and October, as the government has refused to purchase 8 spot LNG cargoes for these months since the gas was offered at higher cost in range of $13.787-$16.0 per MMBTU (per million British thermal units). The Pakistan LNG Limited (PLL) — 100 percent state owned company,…
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Following the government’s announcement of withdrawal of taxes on vehicles, the auto companies have announced a reduction in car prices. “Indus Motor Company has slashed prices in the range of Rs100,000-400,000 on different variants and models in line with the government’s initiatives,” said Indus Motor Company CEO Ali Asghar Jamali while talking to The Express Tribune. Indus Motor reduced the…
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President Joe Biden on Thursday acknowledged that the Taliban are militarily stronger than at any point since the war in Afghanistan began in 2001, adding that he considered it “highly unlikely” that a “unified government” would be able to control the entire country. In a speech delivered at the White House, Biden however defended his plans to withdraw US troops…
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The Taliban on Thursday seized another key Afghan border crossing, this time with Iran, according to an Afghan official and Iranian media. The seizure is part of a Taliban surge as American troops complete their pullout from Afghanistan. It was the third border crossing the insurgents have taken in the past week, after previously seizing crossings with Tajikistan and Uzbekistan.…
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The United States has said that Pakistan has been a “helpful and constructive partner” when it comes to Afghanistan, stating that the interests of both countries “go well beyond that”. “Pakistan is an important partner in various fronts and both the countries have shared interests in peace and stability in Afghanistan,” US State Department Spokesperson Ned Price was quoted by…
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Prime Minister Imran Khan on Thursday launched Pakistan’s first ever locally manufactured electric motorcycle. Speaking at a ceremony in Islamabad, the prime minister said the launch of the electric motorcycle was a “futuristic step”, adding that his government’s new electric vehicle (EV) policy laid down a plan and defined a direction for the future. The launch of the electric motorcycle…
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The Ministry of Climate Change (MoCC) on Wednesday urged the Interior Ministry to take action against the nominated senior official of the Capital Development Authority (CDA) on his alleged misconduct with the Islamabad Wildlife Management Board (IWMB) staff. The MoCC in its second letter written to the Interior Ministry has nominated a senior official of the CDA Rana Tahir Hassan…
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The Sui Northern Gas Pipelines Limited (SNGPL) has notified the schedule for the restoration of gas supply to Punjab and Khyber Pakhtunkhwa (KP) from Wednesday. The notification issued by SNGPL stated that the gas supply will be restored to the general industry in Punjab and Khyber Pakhtunkhwa (KP) on July 7. It added that the gas supply to the compressed…
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Churna Island is facing serious ecosystem degradation due to depletion of precious exotic species of corals due to environmental and anthropogenic damages whereas the Island’s conversion into a Marine Protected Area (MPA) could help overcome the crisis. Churna Island is one of the scenic and unique adventure sports tourism attractions offering unforgettable experiences of corals and underground water sports. It…
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The energy ministry spokesperson on Sunday clarified that there was no forced load shedding across the country for the last 48 hours. In a statement, the spokesperson said that forced load shedding has already come to an end almost 48 hours ago ie Friday, July 02, 5:00 pm onward, across the country as the power generation has increased due to increased gas…
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