$400 million investment over five years: Consortium to bid for Abu Dhabi oil block

A consortium of PPL, Mari Petroleum Company Limited (MPCL), Oil and Gas Development Company Limited (OGDCL) and Government Holdings Private Limited (GHPL) are to participate in a bidding process of one block of hydrocarbon in Abu Dhabi with an investment of $ 400 million spread over five years. PPL has embarked upon an aggressive exploration and development program both within…

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Towards a biofuel policy for energy security

By SYED AKHTAR ALI ISLAMABAD: Biofuels are agro-based fuels as opposed to fossil fuels, which include both liquid and gaseous forms. Current ethanol production is crop based, called 1G Ethanol, made out of fermentation of corn, sugar and others. Recently, 2G Ethanol (also called advanced liquid biofuel) has been introduced, which is based on cellulosic material such as bio-waste material including crop…

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Vietnamese firm keen to import light fans

ISLAMABAD: Vietnamese firm Phat Mechanical Manufacturing Company (Cophaco) has expressed willingness to import light fans from Pakistan for their supply in the local market following increased demand for luxury light fans primarily in resorts and hotels in Vietnam. The firm is one of the most prominent manufacturers of electric fans in Vietnam and exports its products to the US, Thailand and…

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2019 Had No Surprises In Karachi’s Transport Projects: Sindh Govt Achieved Nothing Again

In the transport-starved Karachi, 2019 was not a surprising year as like all the previous years since 2009, when the Pakistan Peoples Party (PPP) came into power in Sindh, not a single mega transport project for Karachi saw the light of day in the outgoing year. Here are the details of the bureaucratic red tape and Sindh government’s apathy that…

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