Year: 2020

Pakistan’s Resources

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The world bank has shown that Pakistan is improving in the energy sector by approving 450m to support the country. As we know in Pakistan ,many resources could be used to benefit her;such as gold,natural gas, desial etc… The indicative generation capacity expansion plan 2047 which was prepared by NTDC to focus on coal, ignore the power technology and that is set that should improve till 2030. As we know,In Pakistan many renewable resources are being used and the most cheapest is solar .If Pakistan’s renewable resources can be improved…

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U.S. Takes Stake In Battery Metals Miner To Counter Chinese Control

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The US government is taking a $25 million equity stake in Dublin-based battery metals miner TechMet, as part of a push by President Donald Trump to reduce the country’s reliance on supply chains dominated by China. The backing from the $60 billion US International Development Finance Corporation (DFC) will help TechMet develop a nickel and cobalt mine in Brazil. Both metals are key in the production of the batteries that power electric cars and cell phones. TechMet’s Brazilian Nickel project, in the north-eastern state of Piauí, is estimated to hold…

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Tighter Markets Cause Natural Gas Prices To Jump Almost 10%

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Natural gas prices on Monday rose nearly 10 percent as lofty hopes of an economic stimulus deal in the United States persist, an increase in LNG exports, and positive reports of President Donald Trump’s bout with the coronavirus reinvigorates the markets after traders were spooked last week. At 1:50 p.m. EDT, natural gas spot prices were trading up $0.241 MMBtu (+9.89%) at $2.679. While some reports suggested that colder temperatures in the MidWest were responsible for the surge in natural gas prices, NatGasWeather predicted that national demand for the fuel would be…

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Why cost audits are necessary to stop Cartelisation

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Having been the apex body of cement makers for the last 12 years, the All Pakistan Cement Manufacturers’ Association (APCMA) knew well that when the regulator comes calling, it is rarely to convey good news. Last week, the Competition Commission of Pakistan (CCP) conducted a search at the headquarters of APCMA in Lahore purportedly to gather evidence of possible communication, arrangement, agreement or understanding among cement producers pertaining to the alleged violation of the provisions of Competition Act 2010. A week later, there is no knowing what came to pass…

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Chabahar, Gwadar ports coop. could bring prosperity to region

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The Ambassador of the Islamic Republic of Iran to Pakistan said getting Iran’s Chabahar and Pakistan’s Gwadar ports linked will strengthen bilateral trade and bring prosperity to the region. Ambassador Seyed Mohammad Ali Hosseini during an interview with Pakistani newspaper ‘Business Recorder’ said Gwadar and Chabahar are two important ports, adding that if they become more active, the two ports will bring regional progress and prosperity. “Some are trying to present these two ports as competitors to each other, while we do not take it as a competition but a…

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