Category: Highlights

According to an announcement made by the company here on Sunday, Sui Northern Gas Pipelines Ltd (SNGPL) will endeavour to minimise gas disruptions to the extent possible during the dry docking period for its consumers. Moreover, a senior official added that a decision in respect of supply of gas on September 14 and 15 (dry docking period) will be conveyed later based on the system pack situation. Consequently, industrial units including cement, non-export general industry and all CNG filling stations will remain open following deferring the closure decision. Ghiyas Paracha,…

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Banks continued making profits during the first half of 2021. They made profits not only on heavy investment in government debt securities but also on private sector credit. Banks’ net lending to the private sector in July-June 20-21 got a boost during the second half ie January-June 2021 — when extraordinary monetary easing (carried out during March-June 2020) and fiscal stimulus package of the government had a fuller impact on credit demand with some time lag. Between mid-March and end-June 2020, the State Bank of Pakistan (SBP) had cut its…

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Sui Northern Gas Pipelines Limited (SNGPL) on Sunday announced that gas supply to industrial units and compressed national gas (CNG) stations in Punjab will not be shut on Monday (tomorrow), ARY NEWS reported. The SNGPL spokesman said that they have decided against any closure of the gas supply while keeping in view the issues faced by the consumers. He said that despite dry docking, it has been decided to resume the supply across the province. “The duration of the dry-docking process will be determined on the basis of gas supply…

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Few people have ever heard of the tiny country of Nauru. Even fewer ever think about what happens at the bottom of the world’s oceans. But that may soon change. The seafloor is thought to hold trillions of dollar’s worth of metals and this Pacific-island nation is making bold moves to get a jump on the global competition to plumb these depths. The targets of these companies are potato-sized rocks that scientists call polymetallic nodules. Sitting on the ocean floor, these prized clusters can take more than three million years…

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he Sarhad Chamber of Commerce and Industry (SCCI) has rejected the government’s decision to suspend gas supplies to industries and the CNG sector in Khyber Pakhtunkhwa (KP) from next week, terming it unacceptable for the business community.Lamenting the move, SCCI President Sherbaz Bilour Bilour, while talking to a group of industrialists here at his office on Saturday, called the decision against the constitutional rights of the province wherein gas is produced in surplus quantity.As per details, the Sui Northern Gas Pipelines Limited (SNGPL) has issued a notification regarding the suspension…

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