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Active participation of the masses in the ongoing monsoon tree plantation campaign is the need of the hour to overcome the challenges of climate change, environmental pollution and global warming. This was stated by Chakwal District Range Officer (DRO) of the Forest Department (Extention) Punjab Rawalpindi Division Sher Afzal Raja while planting saplings at different places along with the officers of the district administration on Sunday. Chakwal assistant commissioner and workers of Insaf Tiger Force, present on the occasion also planted saplings. Raja said the role of every citizen is…

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Pakistan has reported 3,752 coronavirus cases during the last 24 hours, taking the national positivity rate to a whopping 7.51 per cent as the country battles a fourth wave of the pandemic. According to the National Command and Operation Centre, this is the highest number of cases reported since May 21 when 4,007 infections were reported, and a dramatic overnight increase from the 2,819 cases reported a day earlier. Meanwhile, the positivity rate in the country is the highest since May 19 when it was recorded as 8.23pc. During the…

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The National Transmission and Dispatch Company (NTDC) has failed to recover Rs714 million from an Iranian firm despite the award announced by the Paris-based International Chamber of Commerce (ICC) in April last year, Dawn learnt on Saturday. “A severe lack of on-time decision making, politics, appointment of a permanent MD, resignation of competent officers and other administrative issues are the major reasons behind the long delay in resolving various matters including recovery of Rs714m claims the NTDC had made before the ICC in a case filed by the Iranian firm…

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Amid system challenges, the Petroleum Division is seeking an average national basket price for natural gas — both local and imported — through a distant ‘political consensus’ even though it has fixed price commitments with various consumer groups. This comes at a time when the energy sector is facing serious gas and electricity shortages and both gas and power companies are struggling with their financials to ensure smooth supplies. The federal government has been asking the provinces for introduction of weighted average cost of gas (WACOG) by moving away from…

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Asian spot prices for liquefied natural gas (LNG) jumped this week to a more than six-month high, as warm temperatures drove up demand for the fuel used in electricity generation, industry sources said. The average LNG price for September delivery into Northeast Asia LNG-AS was estimated at about $14.45 per metric million British thermal units (mmbtu), up $1.15 from the previous week, and the highest since mid-January, the sources said. Temperatures in Tokyo, Seoul and Beijing — among the top consumers of LNG — are expected to stay above average…

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