Day: March 18, 2021

Abdul Razak Dawood, Advisor to Prime Minister on Commerce and Investment, on Wednesday said that a strong economy will enhance country’s power and hence will strengthen national security.  He was addressing the Second Session of the Islamabad Security Dialogue. He said that history has shown that economic backwardness leads to social conflicts and political turmoil and thus weakens national security.  The Islamabad Security Dialogue is a two-day Conference organised by the National Security Division. It aims to define the country’s new strategic direction in line with the Prime Minister’s vision…

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KARACHI: The nation’s most progressive energy company, the Pakistan State Oil (PSO), has once again taken the lead by launching e-procurement through SAP Ariba. The new e-procurement solution will significantly enhance the company’s strategic and operational capabilities and provide a level playing field to a large pool of suppliers while also increasing efficiency and reducing turnaround time. This key milestone in PSO’s journey of digital transformation was marked by a ceremony held at the company’s head-office in Karachi where Managing Director & CEO, PSO, Syed Muhammad Taha, formally launched the…

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Supplies of power plant fuel have tightened in Japan due to reports of a possible delay in restarting a nuclear generation facility. That, in turn, has created higher demand for LNG cargoes to be delivered next month. US export facilities have recently been operating at near capacity since rebounding from a drop in utilization during the Texas freeze in February, which reduced Gulf Coast output. All six major US LNG export facilities currently in operation were contributing to the surge, though one of the 10 trains at Kinder Morgan’s Elba…

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The 8,500 cubic metre capacity ship is the first new building LNG bunkering vessel built for Chinese natural gas distributor ENN, one of the largest users of LNG in China. ENN aims to play an active role in the international marine LNG fuel supplier market. With the bunker vessel, named XIN AO PU TUO HAO, ENN will be able to supply fuel to the world’s biggest LNG-powered ships. The bunker vessel was transferred to water on March 2 and will be delivered within the year, reported ENN. It will be…

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The Shahid Afridi Foundation (SAF) and Sarwar Foundation (SF) signed a Memorandum of Understanding  (MoU) for collaboration in health, education, provision of clean drinking water & Hepatitis Free Punjab campaign.  Governor Punjab Chaudhry Mohammad Sarwar was also present on the occasion. According to details, an MoU signing ceremony was held on Wednesday at the Central Secretariat of Sarwar Foundation at Divine Gardens. The MoU was signed by the Chairperson of Sarwar Foundation Mrs Perveen Sarwar and the Founding Chairman of Shahid Afridi Foundation-Shahid Khan Afridi.  Governor Punjab Chaudhry Mohammad Sarwar,…

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