Year: 2022

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has extended the ban on the use of LPG as fuel in public transport and letters have been issued to all chief secretaries of the provinces. Liquefied Petroleum Gas (LPG) as fuel in public transport is the reason behind blasts which continue unabated despite a ban imposed by the OGRA. On December 26, 2013, the OGRA amended LPG Rules 2001 and banned the installation of LPG cylinders in motorcycles, scooters, and public service vehicles including three-wheelers, buses, coaches, and wagons terming it…

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Directorate General of Customs Valuation Karachi has fixed US$140 Per Metric Ton (PMT) as the import value of Afghan-origin coal imported into Pakistan via land-borders Custom stations. In this connection, the directorate has issued new valuation advice to the Collectors of Customs, Appraisement (Peshawar), Enforcement (Peshawar) & Enforcement (Dera Ismail Khan) Khyber Pakhtunkhwa (KP). According to the valuation advice, the customs Value of ‘Coal’ imported into Pakistan from Afghanistan, via the land-border Customs Stations of KP has been determined. Earlier, Customs Value of Afghan Origin ‘Coal’ was determined to be…

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The federal cabinet on Saturday approved big changes in the Liquefied Natural Gas Policy, 2011 ahead of Prime Minister Shehbaz Sharif’s visit to Qatar. According to sources, the federal cabinet’s approval for making big changes in the LNG Policy, 2011 were taken on an emergency basis through a circulation ahead of PM Shehbaz’s visit to Qatar. Sources said that the cabinet approved to forego the condition regarding third party’s access for the new LNG terminals. They said that the decision would help fulfil the rising demand of the LNG in…

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The Federal Cabinet has approved changes to the Liquefied Natural Gas (LNG) Policy 2011 ahead of Prime Minister Shehbaz Sharif’s visit to Qatar. According to sources, the federal cabinet has approved the summary through circulation on an emergency basis as Prime Minister Shehbaz Sharif is scheduled to visit Qatar next week. Media reports said that the cabinet approved the changes to exclude new Liquefied Natural Gas (LNG) terminals and associated facilities from application of mandatory Third Party Access (TPA). The decision will encourage foreign and private sector investment in LNG,…

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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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