MOSCOW, May 28 (Reuters) – Russia and Pakistan have signed an agreement to build the Pakistan Stream gas pipeline, Russia’s energy ministry said on Friday. Russian Energy Minister Nikolai Shulginov and Pakistan’s ambassador in Moscow Shafqat Ali Khan signed the agreement, the minsitry said. (Reporting by Maria Tsvetkova; Writing by Alexander Marrow; editing by Louise Heavens)
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The water shortages for Sindh and Punjab went up to 32 per cent on Friday as river flows continued to drop and storages at both Mangla and Tarbela dams neared dead level. The Indus River System Authority (Irsa) said it reviewed the overall water situation on Friday and decided to apply 32pc shortages to the two larger provinces instead of 23pc shortage at present. The water regulator said the positive development was that temperature in Indus catchments had started to go up and was reported at 26.1 degree Celsius from…
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The National Assembly’s Standing Committee on Water Resources on Monday endorsed a proposal of the Punjab government for appointment of independent inspectors at critical barrages for spot checking of water losses as the provinces complained about shortages. The meeting of the panel was presided over PPP’s Nawab Yousaf Talpur. Besides members of the committee, the meeting was also attended by the Punjab minister for irrigation, secretaries of irrigation departments of Punjab, Sindh and Khyber Pakhtunkhwa and chairman and members of the Indus River System Authority (Irsa) representing the provinces. After…
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In a landmark development, Pakistan and the Russian Federation on Friday signed the amended Inter Governmental Agreement for North South Gas Pipeline (NSGPP) of 1,122 kilometers from Port Qasim (Karachi) to Kasur (Punjab) that will increase the capacity of the country to transport the imported gas from the port city to load center of Punjab. According to a press release, Pakistan’s Ambassador to the Russian Federation, Shafqat Mahmood, signed the Protocol to the Inter Governmental Agreement (IGA) along with Nikolai Shulginov, Minister for Energy, Russian Federation, in Moscow.https://61bef715b487daa8191defa19fb5b36a.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html The IGA…
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The Federal Investigation Agency (FIA) and Sui Northern Gas Pipelines Limited (SNGPL) board of directors’ audit committee have started probing alleged favours given by a board director to the factories and holdings of Nishat Group. Private sector director Ahmed Aqeel is also facing the same allegations in the National Investment Trust (NIT) case. He has been on SNGPL board for the past 10 years. Earlier, the SNGPL board sent the case to the Securities and Exchange Commission of Pakistan (SECP) for taking appropriate action. However, the SECP asked the board…
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