ISLAMABAD: Poor planning for the import of liquefied natural gas (LNG) has earned a bad name to the government as gas load-shedding in various parts of the country provided detractors an opportunity to criticise the government, noted cabinet members in a recent meeting. During discussions, the cabinet members highlighted that considering the gas supply and demand situation, proper planning should have been done well ahead of time. They were of the view that the ongoing gas crisis had given critics an opportunity to rail against the government. With the country…
Read MoreMonth: January 2021
Gigantic cleanliness drive: Citizens smell odour of LWMC’s inefficiency
LAHORE: Heaps of waste are yet to be lifted and disposed of at the landfill sites, leaving a large population of Lahore with no option but to live in a stinking environment for the last many days. There are reports that people in various localities have expressed anger over the situation and castigated sanitation / cleanliness workers / supervisors and sweepers for not lifting the waste despite passage of many days. On the other hand, the Lahore Waste Management Company (LWMC) has apologised to the citizens for inconvenience and pledged…
Read MoreIPPs not impressed by govt plan for dues settlement
ISLAMABAD: Independent power producers (IPPs) have cast off a payment plan offered by the government for partial settlement of their dues and demanded at least 50 per cent upfront cash payments before signing formal agreements for tariff discounts. An implementation committee led by Finance Minister Dr Abdul Hafeez Shaikh had last week offered payment of about Rs450 billion to the IPPs in three equal (one-third of total) installments through a combination of cash and tradeable bonds next month, June and December 2021. Each installment was to comprise one-third (about Rs50bn)…
Read MoreTrump Administration Finalizes Alaska Oil Drilling Plan
The Trump administration has finalized a plan that will open up more land for oil and gas drilling in the Alaska Petroleum Reserve, the Bureau of Land Management said this week, adding that the plan covers 18.6 million acres in the reserve. At the same time, the BLM closed 4 million acres to oil and gas drilling, including the habitats of several species. “This action is a significant achievement in delivering on our commitment to provide energy for America, from America,” Principal Deputy Assistant Secretary Casey Hammond said in the…
Read MoreSouth Korea Sends Military Forces To Strait Of Hormuz After Tanker Seizure
South Korea has dispatched military forces to the Strait of Hormuz after the Iran Revolutionary Guard seized a Korean-flagged oil tanker yesterday. According to Arirang News, the dispatched force is South Korea’s anti-piracy unit. It comprises a 300-strong force, a helicopter, and a 400-ton destroyer. “The South Korean tanker was stopped in the waters of the Persian Gulf” because of environmental pollution, the IRGC Navy said, as carried by the Iranian Fars News Agency. The ship is headed to one of the ports in Iran, where the issue “will be…
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