Category: News & Announcement

The small-scale storage, regasification and distribution facility will be ready “in a few months”, according to Gas & Heat, the Italian engineering company that is the EPC contractor for the project. London-based Avenir LNG, a joint venture consisting of Stolt-Nielsen, Hoegh LNG and Golar LNG, owns Higas with a 80 per cent stake while its local partners Gas & Heat and CPL Concordia hold 10 per cent share, each. Higas started building the facility in the Port of Oristano in Sardinia back in 2018 and previously expected to launch the terminal in…

Read More

KARACHI: Well-known economist Dr Kasier Bengali has said that Pakistan’s economic policies are being made in Washington and the International Monetary Fund (IMF) has sent its people to sit in major institutions, which is why there is no mention of the China-Pakistan Economic Corridor (CPEC) in the budget 2020-21. Speaking during a webinar organised by the Pakistan Institute of Labour Education and Research (Piler) on Sunday, he said due to the influence from the West the government had placed CPEC in cold storage. “Pakistan’s economy is mainly relying on foreign…

Read More

The city of Venice has reopened after months spent by locals enjoying the quiet of lockdown, but at the same time counting costs of the complete lack of tourists. All agree that the tide of money is needed, but some are wary of mass tourism.

Read More

The hype for the next-generation of mobile technology has been in full force since Qualcomm declared “5G is here, and it’s time to celebrate” in February of last year.The reality, however, has required patience from consumers because of the time needed to roll out the new networks and the dearth of applications to put additional speed to compelling use.A year after South Korea launched the world’s first full commercial 5G mobile network and months after China opened the world’s biggest, Bloomberg News reporters tested the leading carriers in both countries…

Read More

India’s coronavirus cases have spiked in recent days, fueling concerns the situation could spiral out of control even as the country starts to reopen after weeks of stringent lockdown. India is the fourth worst-hit nation in the world, with cumulative infection numbers over 320,000 — behind only the United States, Brazil and Russia, according to Johns Hopkins University data. Daily reported cases in South Asia’s most populous nation hovered near, and sometimes exceeded, 10,000 per day over the last several days. As of 8 a.m. local time Sunday, there were…

Read More