Category: Recent Post

ISLAMABAD: After constitution of a committee on construction of new Liquefied Natural Gas (LNG) terminals, the gas utilities are said to have expressed concerns over supply issues in the existing pipeline network based on the government’s plan for providing gas to new domestic consumers and other sectors. Last week, a meeting at the Ministry of Maritime Affairs constituted a six-member committee, comprising directors general of the petroleum division and managing directors of the Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL), to address challenges faced…

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Inflation concerns in Islamabad are getting more and more obvious by the day. Petroleum prices were reduced for the first time since mid-November 2020. A 2.6 percent decrease in benchmark Arab light crude oil coupled with 1 percent appreciation in rupee – over the previous fortnight, made it easier for the government to reduce petrol and HSD prices by 1.4 and 2.6 percent, respectively. This was also the first instance since mid-November 2020 where the base price for petrol reduced over a fortnight. The previous such instances of reduction in…

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A chartered accountant by profession, Syed Moonis Abdullah Alvi’s career spans over three decades in the finance industry with a focus towards driving operational efficiencies, financial planning and capital restructuring. He has been associated with K-Electric in various positions. Mr. Alvi joined K-Electric in 2008 and has served as K-Electric’s Chief Financial Officer. He has also served as KE’s Company Secretary and Head of Treasury and has played an integral role in the transformation of K-Electric. He was appointed CEO of K-Electric in June 2018. He is a fellow member…

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KARACHI: Managing Director of Sui Southern Gas Company Ltd Imran Maniar visited Site Association and met with Zubair Motiwala, President Site Association, Javaid Bilwani, Salim Parekh, Younus Bashir and other members of the association along with multiple industrialists who were present at the occassion. Representing SSGC were Saeed Ahmed Larik – DMD UFG, Brig Abuzar (R), Shahbaz Islam and Asif Ansari. During the meeting, Zubair Motiwala and other representatives of the association put forth their issues related to low pressure of gas, leakage of gas, UFG, utilizing RLNG instead of…

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Those who come to Britain from countries on the red list will be refused entry, while returning Britons must submit to 10 days of mandatory quarantine in hotels. In his message, Turner said that direct flights between Pakistan and the UK would continue to operate but schedules could change. During their quarantine, people from red list countries will have to get tested for the coronavirus twice. However, a negative test result does not mean they will be allowed to shorten the time they stay under quarantine, according to the BBC. From 4am…

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