In an apparent bid to meet rising gas demands during this winter season, energy minister Hammad Azhar has advised a state-owned gas utility to completely stop issuing new demand notice/proposal letters in respect of domestic gas connections. According to sources, Federal Minister for Energy, Hammad Azhar has strictly advised Sui Northern Gas Pipelines Limited (SNGPL) to completely stop issuing new domestic gas connections. And, following the strict advice of Federal Minister for Energy, SNGPL has stopped issuing new demand notices/proposal letters in respect to domestic gas connections and assured the…
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Blue Economy: A Source of Economic Turnaround
About 10% ($1.5 trillion) of China’s gross domestic product (GDP) is contributed by its blue economy. Thus, the sector, and especially shipping, has served as an engine of development for several countries. Our Quaid also had a vision of establishing a fleet of 100 ships and economic independence for Pakistan. This article is an attempt to take stock of where we stand vis-a-vis his above objectives. In 1947, we inherited only four privately owned cargo vessels. By 1963, the fleet comprised 53 privately owned vessels. In 1974, the industry was…
Read MoreWhat Next? Karachi Waits with Bated Breath
A WEEK after the blaze, stench and despair marked the environment as one visited the Cooperative Market in downtown Saddar. Workers were busy moving the remains from the gutted shops, while the owners were busy filling out loss assessment forms. The leaping flames extinguished life for close to 400 shops within hours. The cause of fire and reasons for the rather high scale of destruction, despite multiple fire stations being in the vicinity, are yet to be established. The affected traders are staring at a bleak future unless the government steps…
Read MoreTax breaks kick Pakistan’s electric car shift into higher gear
Pakistani businessman Nawabzada Kalam Ullah Khan had been planning to swap his family’s petrol-powered cars for electric models for years. But it wasn’t until a set of massive tax cuts came into effect in July that the 29-year-old from Pakistan’s capital Islamabad finally put in an order for two electric cars. “Someone has to take the initiative to switch to these cost-efficient, environment-friendly vehicles in the face of increasing pollution in big cities — and we’ve done it,” Khan said. His new cars, he said now cost about five times…
Read MoreGas Supply To CNG Sector To Remain Shut In Winter To Fulfill Household Need
A sub-committee of the federal cabinet on Energy headed by Planning and Development Minister Asad Umar Thursday announced to shut gas supply to CNG sector in order to overcome shortages to household consumers, ARY NEWS reported. During the meeting headed by Asad Umar, a detailed briefing was given on demand and supply of gas in the winter season along with load management options available with the government. The meeting approved measures to safeguard the household consumers from being hit by the gas shortage and decided to ensure uninterrupted supply to…
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