Pakistan has no strategic oil reserves — not even for a single day

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By any measure, Pakistan’s oil security rests on a precarious foundation: the country has no government-controlled strategic oil reserves—not even enough to meet its needs for a single day. This startling admission came from Federal Petroleum Minister Ali Pervaiz Malik during a recent appearance on a television news talk show hosted by senior journalist and anchorperson Nadeem Malik. The disclosure exposes a critical vulnerability in a country whose economy, transport system, industry and power sector remain heavily dependent on uninterrupted supplies of petroleum. The minister made it clear that Pakistan…

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Petroleum Levy protest: JI to hold sit-in outside Governor’s House today

KARACHI: Jamaat-e-Islami (JI) Karachi will hold a sit-in outside the Governor House on Sunday (today) to protest the petroleum levy, which its city chief Monem Zafar Khan has termed a “bhatta tax” imposed on the people. The protest is being held following an appeal by JI leader Hafiz Naeemur Rehman. Monem Zafar warned that the feudal, elite groups still dominate Pakistan 79 years after independence. He said that federal government had exceeded the petroleum levy target by nearly Rs100 billion. He noted that the government had gone “two steps ahead…

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CM Murad directs preparation of PPP Model for transforming Keti Bandar into major maritime, economic hub

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CM Murad directs preparation of PPP Model for transforming Keti Bandar into major maritime, economic hub Says project must be developed in line with Budget 2026-27 announcement; envisages deep-sea port, economic corridor, industrial zones, energy hub and fisheries development KARACHI (Aug 15): Sindh Chief Minister Syed Murad Ali Shah on Saturday directed the Investment Department to prepare a comprehensive Public-Private Partnership (PPP) model for the development of Keti Bandar, in accordance with the vision of former prime minister Shaheed Mohterma Benazir Bhutto. Presiding over a meeting of the Investment Department…

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NFEH Demands Urgent Restoration of Karachi’s Dug-Up Roads

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NFEH Demands Urgent Restoration of Karachi’s Dug-Up Roads Karachi: President of the National Forum for Environment & Health (NFEH), Naeem Qureshi, has expressed grave concern and disappointment over the continued neglect of Karachi’s roads that were dug up for the laying of new gas pipelines, despite reports that more than Rs11 billion in road-cutting and restoration charges had already been paid in 2025 by the Sui Southern Gas Company (SSGC) to the Karachi Metropolitan Corporation (KMC), Town Municipal Corporations (TMCs), cantonment boards and other relevant civic authorities. In a strongly…

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Toktogul Hydropower Shutdown Triggers Regional Blackout Across Central Asia

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# Toktogul Hydropower Shutdown Triggers Regional Blackout Across Central Asia **BISHKEK:** The shutdown of two hydropower generators at Kyrgyzstan’s **Toktogul Hydropower Plant**, with a combined capacity of 600 MW, triggered a major power-system disruption across parts of Central Asia on August 14, causing outages in Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan. Kazakhstan’s power system operator, KEGOC, said the two generators were taken offline at around **14:37 local time**, resulting in an overload on the North–East–South transmission line. The disruption caused the southern zone of Kazakhstan to become separated from the country’s…

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