Month: September 2021

Pakistan witnessed an increase of $26 billion during the first three years of the present PTI government. Economic Affairs Division additional secretary Zulfikar Haider stated this in a meeting of the Standing Committee of the National Assembly for Economic Affairs Division held under the chairmanship of Mir Khan Muhammad Jamali. The additional secretary briefed the meeting on the impact of the rupee depreciation on domestic and external liabilities. In June 2018, the total external debt of the country was $96 billion, which now reached the level of $122.44 billion after…

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The Sindh Assembly denounced on Monday the increase in CNG and LNG prices by the federal government. As the house took up debate on the matter, the treasury benches and lawmakers of the Grand Democratic Alliance from the opposition aisle demanded of the Centre to withdraw its decision to increase prices of both the liquified natural gas (LNG) and compressed natural gas (CNG) without delay. Moving an adjournment motion against petrol, CNG and LNG price hikes, Pakistan Peoples Party, which leads the Sindh government, lawmaker Sadia Javed and GDA’s Nand…

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Aberdeen-based offshore rig inspection company ADC Energy has won a contract with an undisclosed USA-based LNG company to identify and select offshore drilling rigs suitable for conversion for LNG operations. ADC Energy said that it had already begun conducting audits to identify suitable drilling rigs as part of this contract. The deal involves international engineering teams selecting a range of drilling rigs that may be suitable for repurposing before assessing their design, condition, and operability. The company added that it would also advise on the repurposing process in line with…

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The price of LPG has increased by Rs 20 per kg by the Marketing companies on Tuesday without the Oil and Gas Regulatory Authority (OGRA) notification. The LPG prices were augmented by Rs 20 per kg, Rs 908 per domestic cylinder, and Rs 236 per commercial cylinder. However, One kilogram of LPG will now cost Rs195. The LPG cylinder used for household purposes will be accessible for Rs2, 300 after an upsurge of Rs236 while the commercial cylinder will be sold at Rs8, 853 after a ramble of Rs908. In…

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A coal miner was killed after being buried alive when a portion of a coal mine collapsed in the Harnai district of Balochistan, local Levies officials confirmed on Tuesday.https://imasdk.googleapis.com/js/core/bridge3.482.0_en.html#goog_13302168450 seconds of 10 secondsVolume 0%  Levies said that the incident occurred in a coal mine in the Shahrig area near Harnai. The body of the deceased, identified as Gul son of Abdullah, was later recovered from under the debris and shifted to the rural health centre in Shahrig. Gul was a migrant worker from Afghanistan. There are as many as 3,000…

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