BONA FIDE textile and clothing exporters have started suffering production losses as the row between the industry and energy ministry over the complete suspension of gas supplies for captive power continues. While the ministry’s action may not leave as extensive an impact on the industry’s overseas shipments during winter as is being maintained by APTMA, it has already compelled many…
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Federal capital’s air pollution reaches record highest, reveals the 24 hours ambient air quality report of Pakistan Environmental Protection Agency (Pak-EPA)’s on Wednesday. According to the report, increased ratio of environmental pollutants causing bad air and degraded atmosphere leading to smog. The National Environmental Quality Standards (NEQS) by EPA set a threshold of 35 microgrammes per cubic meter for particulate…
Read MorePakistan and the Asian Development Bank (ADB) will sign six financing loan agreements worth $1.535 billion on Wednesday (today), it is learnt. Official sources revealed to Business Recorder that Minister for Economic Affairs Omar Ayub Khan will witness the loan-signing ceremony. Documents revealed that the Economic Affairs Division (EAD) and the ADB will sign loan agreement worth $600 million for…
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The Ministry of Energy has said that Karachi is facing acute shortage of gas as the freezing cold in Quetta in the current winter season requires an increase in gas supply. A ministry representative made the remarks when the Standing Committee on Energy (Petroleum Division) asked about the worsening gas shortage and increase in petroleum product prices in the country.…
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Sui Northern Gas Pipelines Limited (SNGPL), Rawalpindi Region would launch a campaign to check the use of compressors. According to a SNGPL spokesman, the consumers of some localities were facing low gas pressure due to severe cold weather for some days. “SNGPL is trying to utilize all available resources to increase the gas pressure,” he claimed. To a question he…
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The country may face shortage of fuel after All Pakistan Petrol Pumps Dealers Association announced that it will observe a nationwide strike on Nov 25 as the government had failed to increase the dealers’ margin by 6pc. All Pakistan Petrol Pumps Dealers Association Information Secretary Nauman Ali Butt said petrol filling stations across the country would remain closed on Nov…
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Federal Minister for Energy Muhammad Azhar received His Excellency Nawaf bin Saeed Al-Maliki, Ambassador of Saudi Arabia to Pakistan in his office today. The sides discussed matters of mutual interest relating to on-going bilateral cooperation in the energy sector.The Minister apprised the Ambassador of government’s initiatives in energy sector focusing on induction of renewable energy policy to harness local resources…
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The deemed duty collection in the past for upgradation purposes continues to haunt refineries as the Cabinet Committee on Transport and Logistics (CCoTL) here on Monday directed the Petroleum Division to come up within two days with details of deemed duty on POL products since its imposition on the POL consumers and utilisation of the amount collected in this head.…
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The Oil Marketing Association Pakistan (OMAP) on Tuesday called for an end to the witch-hunt of the oil marketing companies (OMCs) saying it was increasingly becoming difficult for them to operate under the current circumstances. OMAP Chief Executive Officer Dr Ilyas Fazil in a letter to Energy Minister Hammad Azhar appealed for an end to the spate of inquiries against…
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The Khyber Pakhtunkhwa Mines and Mineral Development department has increased its revenue collection by more than 150 per cent over the past two years. According to documents available with Dawn the mines and minerals department in 2018-19 had collected Rs2.1 billion, however, in 2019-20 its revenue collection soared to Rs3.2 billion and it touched Rs5.2 billion in the last fiscal.…
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