Month: June 2021

Petroleum prices are not making much news these days. For one, it has now become a 15-day affair and that takes some sheen off. But more importantly, it is getting boring for the news channels’ DSNGs to queue up at petrol stations midnight only for the prices to be maintained or decreased. It has been six months and counting since the last price increase. It has clearly been a tale of two halves, or even four quarters if you will. You will hear all sorts on how the most inefficient…

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The government has decided not to extend guarantees for offtake of POL products from the new refineries. And more importantly the government will also not provide the guaranteed rate of return on the equity and will not ensure internal rate of return as well. The refineries, however, would be free to market their products through their own or other marketing companies or make export after meeting the local needs. However, for new refineries, there will be a 20-years tax holiday and for upgradation and modernization of the existing refineries, a…

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Karachi: National Forum for Environment and Health will organize Seminar on World Environment Day 2021 to on June 03.The title of the seminar is “Restore Ecosystem”. The event will be organizing with collaboration of United Nations Environmental Programme and NED University.President NFEH M. Naeem Qureshi said that This will be the first time in history that Pakistan will be officially hosting the day. World Environment Day, which takes place every year on June 5, is the United Nations’ flagship day to promote worldwide awareness and action for the environment.This year’s…

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Saying that AJK is famous for its beautiful green forests and moderate climate, the president emphasised, “We will have to protect our forests in order to keep our region attractive and captivating to promote tourism and save the future of coming generations by maintaining the ecological balance.” Khan highlighted that forests are not only important to maintain the climate and natural environment, they are also a major source of abundant water resources that AJK has. “The survival and sustainability of our water reservoirs are directly linked to the forests of…

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