Category: Highlights

After disruption in gas supply for around three days, gas supply to the general industry and its captive power (non-export), compressed natural gas (CNG) and cement sectors has been restored after the completion of dry docking and Floating Storage and Regasification Unit (FSRU) at the Karachi Port. Dry docking completed and original FSRU restored. This time ahead of schedule also. Just 66 hours of gas curtailment in some sectors that are being restored from tonight. Zero interruption on power side. All Pakistan CNG Association (APCNGA) group leader Ghayas Piracha said that…

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The government is all set to fully implement the first ever National Cyber Security Policy 2021 by end of June 2022 to monitor, detect, protect and respond on time to the international threats against the country’s digital ecosystem. The policy would enable the country protecting against cyber attacks like the one the Federal Board of Revenue (FBR) faced very recently. Dr Muhammad Sohail Rajput, Federal Secretary (IT & Telecommunication), said on Thursday the Federal Cabinet approved the policy on July 27, 2021. The policy implementation is on the stage that…

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The Senate Standing Committee on Planning, Development and Special Initiatives on Thursday directed the China Pakistan Economic Corridor (CPEC) Authority to complete the under implementation projects on fast-track basis by regaining the confidence of the Chinese companies. “According to my sources, the Chinese are not happy with the current progress of CPEC projects as they have approached me to help remove the bottlenecks,” Chairman of the Committee Senator Saleem H. Mandviwala said. The chair asked Special Assistant to Prime Minister on CPEC Affairs Khalid Mansoor to take responsibility of early…

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A Senate standing committee has asked the government to implement the China-Pakistan Economic Corridor (CPEC) projects on a fast-track basis, adding that Beijing is “not happy with the current progress,” stated a report The Senate Standing Committee on Planning, Development, and Special Initiatives held a meeting in which the committee’s chairman, Saleem Mandviwalla, said that the Chinese had approached him to get the project implemented quickly. “According to my personal sources, the Chinese are not happy with the current progress of CPEC projects as they have approached me to help…

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The country’s fuel oil consumption declined substantially in the last five years following a push by the government to shut power plants running on fuel oil. The commodity has been costlier compared with electricity produced using LNG and coal, draining foreign exchange reserves and boosting the cost of electricity. Fuel oil consumption in the fiscal year ended June 30, 2017, was around 9.559 million mt. Since then, it has declined sharply and in the last fiscal year ended June 30, 2021, it was around 2.987 million mt, although higher than…

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