Prime Minister Shehbaz Sharif has directed authorities to prepare a comprehensive winter gas management plan and ensure uninterrupted imports as Pakistan braces for higher seasonal demand amid regional supply risks. Chairing a high-level meeting on Tuesday, the prime minister ordered proactive measures to manage winter shortages and called for a nationwide awareness campaign to encourage more efficient use of gas. Officials told the meeting that domestic consumers would receive priority in the allocation of locally produced gas, while regasified liquefied natural gas would primarily be directed towards power generation and…
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Pakistan provides fuel aid to over 9 million low-income people as Middle East war drives up prices
ISLAMABAD — Pakistan’s government has provided fuel subsidies to more than 9 million low-income people as the U.S.-Iran war drives up energy prices, officials said Tuesday. Rising petrol and diesel prices have added pressure on a cash-strapped nation already grappling with high inflation, pushing up transportation, food and other living costs and raising fears of anti-government protests. The program, approved by Prime Minister Shehbaz Sharif last month, offers fuel discounts to eligible motorcycle riders, rickshaw operators and owners of small cars, many of whom depend on their vehicles for work…
Read MoreTHE NEVER-ENDING CRISIS: Why Hormuz Is Priced As A Live Weapon
KATI Nominates SM Tanveer for FPCCI Presidency
KARACHI: The Korangi Association of Trade and Industry (KATI) and its Executive Committee have nominated prominent industrialist and business leader SM Tanveer as its candidate for the presidency of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the 2026-28 term. Tanveer, who serves as Patron-in-Chief of both KATI and the United Business Group (UBG), has received the backing of the KATI leadership for the top position of the country’s apex business body. According to a statement issued by KATI on Monday, the association expressed confidence that Tanveer’s…
Read MoreClimate Ministry Reviews Dawlance Shift to Ozone-Safe Refrigerator Technology
KARACHI: Federal Climate Secretary Awais Manzur Sumra visited Dawlance’s DPL1 manufacturing facility in Karachi to review the company’s conversion to cyclopentane technology for refrigerator and freezer insulation, the company said on Monday. The September 24 visit was attended by officials from the Pakistan Environmental Protection Agency (Pak-EPA) and the ministry’s National Ozone Unit. According to the company, the conversion is being carried out with financial and technical assistance from the United Nations Industrial Development Organisation (UNIDO) and the National Ozone Unit. Cyclopentane, used in insulation foam, has zero ozone-depleting potential…
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