Six New Projects In Petroleum Sector To Be Executed In FY 2021-22

As many as six new projects worth Rs1,775.857 million will be executed in petroleum sector during the current fiscal year 2021-22 in order to achieve self-sufficiency in the energy sector. According to official documents, the government has allocated Rs40 million in the Public Sector Development Programme (PSDP 2021-22) for a new project, under which development of Strategic Underground Gas Storage…

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Galiyat gets solar-powered washrooms

In a new initiative of the Khyber-Pakhtunkhwa tourism department, pre-fab solar-powered washrooms for tourists have been set up at five different sites in Galiyat. These washrooms have separate units for males and females. The project was designed and installed by KITE. Five different sites have been chosen for the project. All units are operational. This development comes in a move…

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Govt seeks to cut power subsidies

The Monetary and Fiscal Policies Coordination Board on Wednesday agreed to reduce electricity subsidies by Rs170 billion and also discussed the possibility of scaling back grants for subjects that fall in provincial domains. The board meeting also discussed the southbound movement of the rupee and its future outlook, which the State Bank of Pakistan (SBP) governor described stable, sources told…

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Does Pakistan need electric vehicles?

Electric Vehicles (EVs) have already caught the interest of large populations of the developed countries and the Pakistani public as well awaits with excitement. Tesla has surpassed all international car manufacturing companies in terms of market capitalisation. The financial incentive in the form of hard cash given by the western governments to the consumers has been the key factor in…

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Power sector blamed for challenges faced by LNG supply chain

The petroleum division on Wednesday blamed the power sector for most of the challenges faced by the liquefied natural gas (LNG) supply chain and said the Frontier Works Organisation (FWO) had given monopoly through 10 fuel stations on the motorway to troubled Hascol as subsidiary. Testifying before the Senate Standing Committee on Petroleum and Natural Resources, Petroleum Secretary Dr Arshad…

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