Month: August 2021

Transportation of POL products: PM seeks explanation for ignoring PR, PNSC

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Prime Minister has sought an explanation from Secretary Petroleum Division for not giving priority to Pakistan Railways (PR) and Pakistan National Shipping Corporation (PNSC) in transportation of POL products, well-informed sources told Business Recorder. These directions were issued during a recent meeting of Federal Cabinet, when at least two Ministers lodged a complaint that Pakistan State Oil Company Limited (PSOCL) is not giving weightage to instructions of Federal Cabinet in transportation of POL products. The Cabinet was informed that PSO was a public sector limited company under the administrative control of…

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Hascol launching Vaccination Centers on M2 motorway

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In coordination with the National Command & Control Centre (NCOC) and the Oil & Gas Regulatory Authority (OGRA), Hascol Petroleum Limited is establishing Drive-Through Vaccination Centers at selected retail outlets on the M2 Motorway in Bhera, and at its Excellence Training Centre in Machike. The Covid-19 menace shows no signs of abatement in the country with the Delta variant claiming more and more precious lives. Therefore the Government of Pakistan and the private sector are joining hands to meet the challenge head-on to promote vaccination amongst the entire population of…

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FPCCI seeks energy tariff relief for domestic industries

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The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Businessmen Panel has called for lessening the burden of heavy taxes on the power sector, as it has pushed the electricity prices higher and added to the already soaring cost of trade and industry. FPCCI’s Businessmen Panel Chairman, Mian Anjum Nisar in a statement issued here on Saturday, appreciating the government for approving continuation of electricity and gas subsidy for export-oriented sectors, has sought the same competitive energy tariffs for domestic industries to capture the global market. He said that…

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Masdar Celebrates Inauguration Of Landmark 100 MW Nur Navoi Solar Project In Uzbekistan

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Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has inaugurated the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The inauguration ceremony was attended by Shavkat Mirziyoyev, President of the Republic of Uzbekistan, Sardor Umurzakov, Deputy Prime Minister and Minister of Investments and Foreign Trade for the Republic of Uzbekistan, Alisher Sultanov, Minister of Energy for the Republic of Uzbekistan, and Saeed Matar Al-Qemzi, UAE Ambassador to the Republic of Uzbekistan. The event, held at the…

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Electricity export to Afghanistan, Pakistan can be risen by 400 MW

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Energy Ministry’s Spokesman for Electricity Industry Mostafa Rajabi Mashhadi said that it is possible to increase the supply of electricity to Pakistan and Afghanistan by more than 400 megawatts (MW). The official said Iran is willing to expand relations with Pakistan and boost electricity export to this country, IRNA reported. Transmission line to Pakistan border to supply electricity to Gwadar port has been built, but power grid is not yet available, the official stated. If the condition will be provided to build a network in Pakistan or if they build…

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