Pakistan views China’s Two Sessions —the annual gatherings of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC)—as a pivotal event for the future of bilateral cooperation. These sessions provide Pakistan with key insights into China’s economic, regional and global priorities, which directly have the positive impact on the trajectory of the China-Pakistan relationship, especially within the context of the China-Pakistan Economic Corridor (CPEC). Each Two Sessions meeting concentrates on three main strategic priorities that China aims to achieve: economic growth, social harmony and international strategic…
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Saudi Arabia may lower April oil prices for Asia
SINGAPORE: Top oil exporter Saudi Arabia may slightly cut its crude prices for Asian buyers in April, tracking the marginal decline in benchmark prices this month, traders said on Friday. The April official selling price (OSP) for flagship Arab Light crude may decline by 20 cents to 65 cents a barrel from March, four Asian refining sources said in a Reuters survey. That suggests the April Arab Light price could come at a premium of about $3.25-3.70 a barrel to the average of the benchmark Oman and Dubai prices, down…
Read MoreLPG prices down by Rs6.15 per kg
ISLAMABAD: The government on Friday decreased Liquified Petroleum Gas (LPG) prices by Rs6.15 per kilogram for both domestic and commercial consumers for the month of March 2025. These new prices will be effective from today (March 1). Last month (February), the prices were increased by Rs3.68/kg. According to a notification issued by Oil and Gas Regulatory Authority (Ogra) here on Friday, the price of an 11.8-kilogram domestic LPG cylinder has been reduced to 2,924, down from Rs2,997. Similarly, the cost of a commercial LPG cylinder (45.4 kg) has been reduced…
Read MoreSCADA-III project: achieves major milestone
SCADA-III project: achieves major milestone February 27, 2025 LAHORE: The National Transmission & Despatch Company (NTDC) has successfully achieved a milestone in the SCADA-III project with partial activation of the new Control Room and Supervisory Control and Data Acquisition (SCADA) system becoming partially live, installed at the National Power Control Centre (NPCC), Islamabad. The system was inaugurated by the Managing Director NTDC, Engr. Muhammad Waseem Younas and senior NTDC officers on Wednesday. Earlier, Chief Engineer SCADA-III, Engr. Sumair Memon briefed the management about the project. It was apprised that 75%…
Read MoreRussia extends gasoline export permits until end of Aug 2025, Ifax reports
Russia extends gasoline export permits until end of Aug 2025, Ifax reports February 27, 2025 MOSCOW: The Russian government has decided to extend petrol export permits for producers until the end of August 2025, Russian news agency Interfax reported on Thursday. China’s April gasoline exports fall to lowest level since July 2015 on recovering domestic demand The government made the decision to maintain a stable situation in the domestic fuel market and support the oil refining economy, Interfax reported.
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