Day: February 14, 2024

Signing Ceremony of MoU between the Stakeholders onConsortium Formation for Machike-Thallian-Tarujabba White Oil Pipeline

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New-SIFC

In a landmark achievement, the signing ceremony of MoU between the Stakeholders on Consortium Formation for Machike-Thallian-Tarujabba White Oil Pipeline Project has been held on February 14,2024 at SIFC Secretariat, PM Office. The ceremony was witnessed by Minister for Power and Petroleum Muhammad Ali, Secretary (Petroleum Division) Momin Agha, Secretary SIFC Jameel Qureshi. The heads of consortium entities i.e. MD Pakistan State Oil (PSO) Syed Muhammad Taha, DG Frontier Works Organization (FWO) Major General Abdul Sami, MD Inter state Gas Systems Pvt. Ltd (ISGS) Nadeem Bajwa signed the historical Memorandum…

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Nawaz Names Shehbaz Sharif as PM Candidate, Maryam Nawaz for Punjab CM

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Mariyam-Nawaz

The Pakistan Muslim League-Nawaz (PML-N) has decided to nominate Shehbaz Sharif as its candidate for the position of Prime Minister. Additionally, sources revealed that PML-N Chief Organizer Maryam Nawaz will be put forward as the candidate for the Punjab Chief Minister’s position. The final announcement regarding the prime ministerial candidate will be made in conjunction with allied parties. It’s noteworthy that Nawaz Sharif has given his approval for both Shehbaz Sharif and Maryam Nawaz to assume these roles. PML-N President Shehbaz Sharif expressed thanks to former President Asif Ali Zardari…

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ECC Approves Rs. 7.5 Billion Ramazan Relief Package

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ECC-Approves

The Economic Coordination Committee (ECC) of the Cabinet sanctioned the proposed Ramazan Relief Package-2024, totaling Rs. 7,492.75 million, aimed at providing relief to the public during the upcoming holy month of Ramazan. This subsidy will benefit targeted beneficiaries of the Benazir Income Support Programme (BISP), as outlined in the 2023-24 budget. Chaired by Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar, the ECC meeting saw the participation of key ministers and officials from relevant ministries. Among the decisions made, the ECC approved a summary from the Ministry…

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Growatt Launches Flexible and Modular H Series All-In-One Energy Storage System in Pakistan

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Growatt-Launches

Growatt, the world’s leading solar inverter and energy storage solutions supplier, introduces the H Series All-In-One Energy Storage System in the Pakistani market. This modular and streamlined system integrates the inverter and battery, delivering versatile functionalities for both single-phase and three-phase energy storage applications. Featuring an innovative all-in-one design and modular stack configuration, the H Series significantly enhances system flexibility. Installers benefit from the freedom to configure the system with varying quantities of inverters and batteries, providing tailored solutions based on specific needs. The modular stack design not only streamlines…

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OGDCL Commences Production from Chak 63-2 Well, Significantly Boosting Pakistan’s Energy Independence

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OGDCL

In a significant development for Pakistan’s energy sector, the Oil and Gas Development Company Limited (OGDCL) has announced the successful commencement of production from the Chak 63-2 well in the Chak 63 Development and Production Lease (D&PL) located in Sanghar, Sindh. Currently, the well is contributing 525 barrels per day (BPD) of oil, with 2.25 million standard cubic feet per day (MMSCFD) of gas being processed at the OGDCL Sinjhoro Gas Processing Plant. Additionally, an impressive 7.0 metric tons per day (MTD) of liquefied petroleum gas (LPG) is being recovered.…

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