Month: December 2020

ECC approves $500m Eurobonds to finance Diamer Basha, Mohmand dams

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ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved the Ministry of Water Resources’ proposal in principle for the issuance of WAPDA’s debut $500 million Eurobonds to arrange finances for Diamer Basha and Mohmand dams. In this regard, the ECC, with Federal Minister for Finance and Revenue Dr Abdul Hafeez Sheikh in the chair, directed for working out modalities for the issuance of the bonds in consultation with the Finance Division and the State Bank of Pakistan (SBP). Minister for Privatisation Mohammad Mian Soomro, Minister for Energy Omar…

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Court Orders Inspection of CNG Cylinders

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The Sindh High Court directed the police on Thursday to ensure that no substandard compressed natural gas (CNG) cylinders were being used in any vehicle and remove those not approved by the Hydrocarbon Development Institute of Pakistan. A two-member bench, headed by Justice Muhammad Ali Mazhar, also directed the traffic police to check CNG cylinders installed in vehicles across Karachi and the Motorway DIG to inspect those fixed in automobiles being driven on motorways. Hearing a plea pertaining to the installation of substandard cylinders in schools vans and public transport,…

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Shell Pakistan can’t bring LNG this year, OGRA informed

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ISLAMABAD    –  Oil and Gas Regulatory Authority (OGRA) was informed on Thursday that Shell Pakistan cannot bring LNG this year as Sui Southern Gas Company Limited (SSGCL) has blocked TPA between Engro LNG Terminal Ltd (EETL) and M/s Shell Energy Pakistan (SEP). Shell Pakistan is seeking a license for sale and marketing of RLNG by utilising additional capacity of Engro LNG Terminal.  Oil and Gas Regulatory Authority (OGRA) on Thursday held a public hearing on the application of M/s Shell Energy Pakistan for granting marketing and sales of Natural Gas/RLNG…

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Govt pondering over steps to overcome future gas shortages

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ISLAMABAD: In a bid to overcome the gas shortages across the country, the government is planning various steps like imports, establishing LNG terminals by private sector, reducing gas theft and establishing the North South Gas Pipeline (NSGP). Top official sources in background discussions told The News that the government has embarked upon a plan to deal with energy shortages and ensuring smooth oil and gas production and supply to commercial, industrial and domestic consumers. Import of LNG from abroad and speed up its supply to consumers and maximum utilization of…

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SEPA Suspended Unloading Of Soyabean at KPT (Today On 24th December ).

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Director General SEPA & officiak inspected the unloading of Sotabean being carried out at Birth Number 13 of KPT, which was releasing the high concentration of PM (particulate Matters) and Soyabean Dust in open Air. Also the sources inform that vessel halted from Port of Canada with 67 Thousand metric tons of Soyabean. This ship had been imported from various importer / consignee. Inview of the death / casualties causing LAST NIGHT at Kemari, It is apprehended that allergens are adversely effecting human health. Sind EPA took action under section…

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