Month: March 2022

Sui Southern Gas Company Limited (SSGCL) has not yet issued requisite No Objection Certificate (NOC) to Pakistan Steel Mills Corporation (PSMC), which is necessary to move forward on privatisation process, despite strong recommendations by Finance Minister Shaukat Tarin, well informed sources told Business Recorder. On February 16, 2022, Finance Minister, while presiding over a meeting on pending issues had snubbed Managing Director, SSGC for delaying the issue of NOC to be submitted to SECP for approval of Scheme of Arrangement (SoA). “SSGCL has not issued NOC as of today as the…

To initiate a public policy debate on multimodal logistics and freight services focusing their pivotal role in national trade growth, President of Pakistan H. E. Dr. Arif Alvi will be inaugurating Pakistan’s first-ever multimodal logistics conference “Trade Growth of Pakistan through Multimodal Logistics” here at Serena Hotel tomorrow. One-day conference will be featuring interactive sessions and insightful debates on a diverse range of topics focusing national industry of multimodal and freight network. The conference would be attended by federal ministers, federal secretaries of different ministries/divisions, senior government officials, representatives of…

An International Atomic Energy Agency (IAEA) mission said that new and updated nuclear safety regulations in Pakistan have significantly updated and strengthened nuclear and radiation safety in the country. The team also noted a few areas where challenges remain, including for Pakistan to continue to focus on decommissioning, spent fuel management and radioactive waste disposal. At the request of the Government of Pakistan, the Integrated Regulatory Review Service (IRRS) team this week concluded an eight day follow-up mission to review the country’s implementation of recommendations and suggestions made during an initial…

Global energy-related carbon dioxide emissions rose by six percent in 2021 to a record 36.3 billion tonnes, their highest ever level, the International Energy Agency said Tuesday. “The increase in global CO2 emissions of over 2 billion tonnes was the largest in history in absolute terms, more than offsetting the previous year’s pandemic-induced decline,” it said. It pointed to the widespread use of coal to power growth as the world economy rebounded from the Covid crisis.