Year: 2021

Inferno On Afghanistan-Iran Border As Dozens Of Oil Tankers Catch Fire

Admin

Kabul, (APP – UrduPoint / Pakistan Point News – 14th Feb, 2021 ) :Dozens of oil and gas tankers carrying millions of dollars’ worth of fuel caught fire on Saturday, creating an inferno at Afghanistan’s biggest trade crossing with Iran, officials said. The blaze broke out in the early afternoon at islam Qala port, 120 kilometres (75 miles) from the western city of Herat, engulfing the tankers that were parked nearby after crossing the border. “There were between 200 and 300 fuel tankers there and we managed to save some,…

Read More

Sindh Government criticizes Ogra for hike in petrol prices

Admin

KARACHI: Spokesperson of Sindh Government and Advisor for Law, Environment and Coastal Development Barrister Murtaza Wahab has criticized Oil and Gas Regulatory Authority (Ogra) for its proposal to increase price of petroleum products to up to Rs16. He said that the hike in price of petroleum products was nothing but a nuisance to the people. He said that the selected government is bent on ending the relationship between the body and soul of the people. “The increase in the price of electricity is an anti-people move and the irony is…

Read More

LNG sector’s opening to revive CNG industry: Paracha

Admin

ISLAMABAD: Central leader of All Pakistan Compressed Natural Gas Association (APCNGA) Ghiyas Abdullah Paracha said the government had laid the foundation of the CNG industry’s complete revival by allowing private sector players to participate in the Liquefied Natural Gas (LNG) business. “The present government has taken a key step towards revival of the CNG industry that was once considered the country’s one of biggest sectors when 3.7 million petrol and diesel-run vehicles were switched over to it [CNG] and millions of people got employment. Foundation of its revitalization has been…

Read More

Expensive Gas

Admin

The Oil and Gas Regulatory Authority (OGRA) announced its decision to raise the average price of gas by as much as Rs13.42, to the horror of industries across the country. Given that billions have been spent in recovering losses as well as in improving supply and distribution systems, there should be no reason for such a dramatic hike. If we are to facilitate a nationwide economic boost, the government must work towards protecting industries from the pitfalls that might accompany this increase in price so that competitiveness and levels of…

Read More

NTDC shortlists candidate demanding fabulous pay

Admin

ISLAMABAD: The National Transmission and Dispatch Company (NTDC), a subsidiary of the Ministry of Energy, has shortlisted a panel of four senior officers, including a candidate demanding extraordinary salary, for appointment as the company’s managing director. Among the four nominations, Aizaz Ahmed, a candidate working abroad, has demanded $15,000 (approximately Rs2.4 million) salary plus MP1 scale benefits. According to sources within the energy ministry, the final decision for the appointment will be taken by the federal cabinet. NTDC’s Board of Directors advertised the post for the company’s managing director in…

Read More