Month: August 2022

The country’s major water reservoir, Tarbela Dam, on Saturday attained its maximum capacity of holding water, indicating that there will be enough water available for irrigation of crops in the coming Rabi (winter) season that starts in October with major crops like wheat, barley, lentil, potatoes, onions, tomatoes, etc. The filling of the dam to its maximum level would also help generate maximum low-cost electricity, thus curtailing price pressure on power consumers. Although, its filling is encouraging for the agriculture sector, at the same time, the high fertiliser prices, especially…

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Attock Refinery Limited (ARL) has warned Oil and Gas Regulatory Authority (Ogra) of going for a complete shutdown during the upcoming week due to refusal of oil marketing companies (OMCs) to lift oil stocks due to heavy imports. In an urgent letter written to Ogra Chairman Masroor Khan on Thursday, ARL Chief Executive Officer Adil Khattak drew attention towards the high stocks of petroleum products that were going to force the refinery towards a complete shutdown. “The country is already facing a crisis of foreign exchange. In such a situation,…

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The sales-strapped Attock Refinery Limited (ARL) on Thursday shouted out to apex oil sector regulator to save it from a full-scale shutdown owing to a drastic fall in the upliftment of petroleum products by the oil marketing companies (OMCs) that are now relying more on somewhat cheaper imports, The News learnt on Thursday. “If the OMCs do not increase lifting petroleum products from ARL, the disruption of the entire crude oil and gas supply chain cannot be ruled out including the supplies to the Armed Forces and Islamabad Airport,” said…

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Reports indicate that the province has received 308% more rainfall than historic average in July 2022 alone, with at least 800mm of rain in the last 48 days in Karachi alone. KE’s network of over 1900 feeders remained stable, powering the city during the ongoing spells. The maximum number of feeders powered down for safety reasons were less than 100, out of which the majority were in areas where prevalence of kundas or waterlogging posed a hazard to citizens. Commenting on the matter, Director Communications and KE’s Spokesperson Mr. Imran…

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