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Month: May 2023

Cabinet Grants Exemption To SSGC-LPG For Spot Cargo Imports To Address Gas Shortages

May 19, 2023May 19, 2023 Admin
lng

The federal cabinet, through a circulation of summary, has approved exemption for SSGC-LPG (Pvt.) Limited (SLL) to import LPG spot cargoes, aiming to address the country’s severe gas shortages and maintain stable Liquefied Petroleum Gas (LPG) prices.

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ShortcodeCabinet, LPG, SSGC

Foreign Investment Promotion MoEA To Prioritise Countries For Holding Various Joint Commissions

May 19, 2023May 19, 2023 Admin
foreign-investment-promotion

Ministry of Economic Affairs has decided to prioritise countries for holding Joint Commissions (JCs), Joint Economic Commissions (JECs) and Joint Ministerial Commissions (JMCs) with respect to investment, well informed sources told Business Recorder.

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ShortcodeForeign, Investment, Promotion

Supply Of Gas, Other Heads Rs50bn Spent on PSM Since Its Shutdown

May 19, 2023May 19, 2023 Admin
refinery

The federal government has spent about Rs 50 billion on Pakistan Steel Mills (PSM) since it shut down its operations in mid of 2015 on salaries, supply of gas and other heads without any output, well-informed sources told Business Recorder.

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ShortcodePSM, Shutdown, Spent, Supply

Tariff Relief AEDB Urges Govt to Hold Talks With DFC’s 5 Wind Power Projects

May 19, 2023May 19, 2023 Admin
solar-panels

The Alternative Energy Development Board (AEDB) has proposed to the government to start negotiations with five wind power projects of US International Development Finance Corporation (DFC) in order to reach a mutually acceptable agreement and provide relief/reduction in tariffs

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ShortcodeAEDB, Tarrif

Tariff relief: AEDB urges govt to hold talks with DFC’s 5 wind power projects

May 19, 2023May 19, 2023 Admin
wind energy

The Alternative Energy Development Board (AEDB) has proposed to the government to start negotiations with five wind power projects.

Read More
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