Author: Admin

KARACHI (May 13): Sindh Chief Minister Syed Murad Ali Shah o reviewed 10 major infrastructure and road development projects worth over Rs10 billion being executed by the Local Government Department through Karachi Development Authority (KDA) to improve traffic flow, urban connectivity, drainage and road infrastructure across Karachi.Presiding over a meeting at CM House, the chief minister directed all executing agencies to ensure the timely completion of the projects, maintain construction quality, and adopt long-term urban planning solutions to address Karachi’s growing traffic and infrastructure challenges.The meeting was attended by Local…

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ISLAMABAD: Pakistan’s energy sector recorded a key development on Wednesday as the large Q-Flex liquefied natural gas (LNG) carrier Al Kharaitiyat from Qatar is scheduled to berth at the Engro LNG terminal at Port Qasim between 8:00am and 9:00am. The vessel, carrying around 216,300 cubic metres of LNG, marks an important logistical milestone for Pakistan’s import infrastructure, which often faces draft limitations at Port Qasim and requires high-tide conditions for docking such large Q-Flex ships. A similar operation was last successfully carried out in January 2019 by the vessel Al…

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KARACHI: Pakistan is in discussions with China’s Contemporary Amperex Technology Co. Limited (CATL), the world’s largest electric vehicle battery manufacturer, over potential investment and cooperation in advanced battery technologies, Pakistan’s ambassador to Beijing has said, as Islamabad seeks to attract industrial investment under the next phase of the China-Pakistan Economic Corridor (CPEC). According to the ambassador, Pakistan is actively engaging with CATL on opportunities in lithium-ion and emerging sodium-based battery technologies, as part of broader efforts to position the country as a regional hub for manufacturing, energy storage, and industrial…

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ISLAMABAD: Pakistan is planning to increase crude oil imports from Russia as it seeks alternative energy sources amid disruptions and volatility in global supply routes, particularly the situation in the Strait of Hormuz, Pakistan’s Ambassador to Moscow Faisal Niaz Tirmizi said. Speaking to Russia’s state-run TASS news agency, the ambassador said that demand for Russian energy has increased as Pakistan reassesses its reliance on Gulf supplies due to recent supply chain uncertainties. “We produce about 10 percent of the energy resources we need ourselves, while the rest is imported mainly…

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KARACHI: The Oil and Gas Regulatory Authority (OGRA) has directed Pakistan’s oil refineries to collectively contribute Rs7.1 billion to compensate the Pakistan State Oil (PSO) under an emergency diesel pricing mechanism introduced amid rising regional tensions linked to the Iran–US conflict. According to an official communication issued by OGRA through the Petroleum Division of the Ministry of Energy, the decision follows a federal cabinet directive aimed at offsetting financial losses arising from increased import premiums and volatility in international fuel prices. The directive has been issued to major refineries, including…

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