Category: News & Announcement

ISLAMABAD: Strongly opposing a petition for almost 110 per cent higher gas rates, various stakeholders on Wednesday demanded rather substantial reduction in prices in line with drastic fall in international oil prices. The Oil & Gas Regulatory Authority (Ogra) had called a public hearing on the request of Sui Northern Gas Pipelines Limited (SNGPL) which is seeking almost 110pc increase in prescribed prices for fiscal year 2020-21. The hearing was presided over by Ogra Chairperson Uzma Adil Khan. The SNGPL has sought an increase of Rs622.94 per mmbtu (million British…

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Elengy Terminal Pakistan Limited (ETPL), a joint venture between Vopak LNG Holding BV and Engro Corporation, has planned to set up the first onshore liquefied natural gas (LNG) storage and regasification terminal at Port Qasim, Karachi. In this regard, the project management has invited expressions of interest from interested parties, which intend to secure regasification, storage and other operational services (ie bunkering, trucking and reloading) for the project. Subject to final investment decision on the project, the onshore terminal is planned to be developed under a typical industry open access…

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Signing Agreement 1124 MW Project

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ISLAMABAD, Jun 25 (APP):A tripartite agreement was signed here Thursday between a Chinese company and the governments of Pakistan and China for construction of 1,124 megawatt Kohala Hydropower Project costing $2.4 billion. The signing ceremony, held at PM Office, was witnessed by Prime Minister Imran Khan, Azad Jammu and Kashmir Prime Minister Raja Farooq Haider, federal cabinet members, Chinese Ambassador in Pakistan Yao Jing, China Pakistan Economic Corridor (CPEC) authority, Chairman Lt. Gen. (R) Asim Saleem Bajwa and representatives of Chinese company. It is the largest power sector investment of…

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Migratory birds have flocked to the wetlands of Sindh in greater numbers this year, and officials and observers link the increase to coronavirus lockdown measures that have kept hunters and bird catchers away. Pakistan, which has recorded over 185,000 cases and 3,696 deaths related to the virus, lifted a month-long country-wide lockdown last month. A survey conducted this year observed 741,042 migratory birds in Sindh province – a big jump from the 248,105 birds counted in 2019, said Sindh Wildlife Department’s provincial conservator, Javed Ahmed Mahar. Each year, approximately 40…

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