Day: February 9, 2023

ISLAMABAD: Qatar has reportedly agreed to consider Pakistan’s offer to buy shares/ stakes of Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL) and sell Mirage-2000 fighter aircrafts to Pakistan. This was revealed at a recent inter-ministerial meeting presided over by Special Assistant to Prime Minister on Coordination, Syed Tariq Fatemi as a follow up of Prime Minister’s visit to Qatar on 22-23 August 2022. The Finance Minister during his recent visit to Qatar offered the Qatari side to buy stakes/ shares of OGDCL and PPL. The…

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LAHORE: Water and Power Development Authority (WAPDA) will add as much as 10,000MW of low-cost, green and clean hydroelectricity to installed power generation capacity of the country by 2030 with phased completion of its under-construction projects. Consequently, according to WAPDA Chairman Lt Gen Sajjad Ghani (retd), this would double the country’s hydropower generation to about 20,000MW from the current 9,500MW, that WAPDA has been able to develop during the last 65 years. In addition, he added, gross water storage capacity in the country would also enhance by another 12 million…

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As an artificial petrol shortage has left motorists high and dry, the government warned petroleum products hoarders to end the criminal activity that creates a deliberate fuel shortage or be ready for dire consequences, including revoking the licences of oil marketers. The full-blown crisis of low fuel supplies at filling stations has multiplied the problems of commuters, forcing them to find petrol for their vehicles from pillar to post. Long queues at petrol pumps have been witnessed and relatively fewer filling stations still have fuel supplies. People complained that they…

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