Category: Highlights

Granting the status of a ‘model forest’ to the Miyawaki forest planted in Jauharabad town adjacent to Khushab, the Ministry of Climate Change (MOCC) has recommended implementation of similar projects along the motorway, in Multan city its environs. Forest Department SDO Abdul Ghaffar told The Express Tribune that Japanese scientist Akira Miyawaki introduced the method of planting forests in urban areas in 1970. Through the method, forests can be planted on land measuring one marla to a few acres in cities. The idea was promoted in view of the trees’ role as “the lungs…

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Timely completion of Tarbela Hydropower Project will help in meeting the rapidly increasing demand for electricity in the country and improve the energy mix by enhancing the share of clean energy, said Federal Minister for Economic Affairs Omar Ayub Khan. Chairing a high-level meeting to review the progress on the Tarbela Hydropower Project (T5), Dasu Hydropower Project and Dasu-Mansehra-Islamabad Transmission Line on Monday, he directed the authorities to resolve all the pending issues pertaining to the three schemes. The minister told the officials concerned to expedite implementation of the projects…

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State-controlled Rosneft, the largest oil producer in Russia, has asked Russian President Vladimir Putin to be allowed to export natural gas with giant Gazprom acting as an export agent, Russian newspaper Kommersant reports, citing a letter which Rosneft’s boss has sent to Putin. Gazprom is the sole exporter of natural gas in Russia. Rosneft’s chief executive office Igor Sechin wrote a letter to Putin dated August 13, asking the Russian oil producer to be allowed to export 10 billion cubic meters of gas to Europe per year, Kommersant says. Rosneft…

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The Punjab government is offering a subsidy of Rs 250,000 against each laser land leveller in 13 districts with arid areas in the province. According to official sources, the subsidy was being given under Rs 300 billion PM’s Agriculture Emergency Programme. Assistant Director Abdul Samad informed that the subsidy would be given to farmers having tractors and land less than twelve and half acres. Similarly, the holder of the subsidy would be bound to provide services for 300 acres. The farmers hailing from Dera Ghazi Khan, Layyah, Bhakkar, Jhelum, Chakwal,…

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Asian liquefied natural gas (LNG) prices rebounded this week to their highest since January, as more spot demand emerged even as inventories remained low. The average LNG price for October delivery into Northeast Asia LNG-AS was estimated at about $17.20 per metric million British thermal units (mmBtu), up $1.70 from the previous week, industry sources said. Woodside Petroleum sold a cargo for Oct. 10-14 delivery into Tianjin, China to BP while PetroChina sold a cargo for Oct. 16 to 20 delivery into Tianjin to Trafigura on Friday, data from price…

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