Category: Shortcode

QatarEnergy and Petronet LNG Ink Record LNG Deal to Bolster India’s Energy Mix

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Qatar-Energy

In a significant development, QatarEnergy and India’s Petronet LNG have sealed their largest-ever single deal for liquefied natural gas (LNG) supplies, underlining India’s intensified efforts to utilize LNG for emissions reduction. The agreement entails Qatar supplying 7.5 million metric tons per year of LNG to Petronet LNG on a delivered ex-ship basis (DES) from 2028 to 2048, according to a statement by Petronet LNG. As the world’s second-largest LNG exporter, Qatar aims to amplify its presence in Asian and European markets amid mounting competition, particularly from leading supplier, the US.…

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Caretakers make record borrowing from banks

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Anwaarul-Haq

KARACHI: The caretaker government of Prime Minister Anwaarul Haq Kakar has made a record borrowing of almost Rs4 trillion from banks so far. The economy, already crushed under a huge debt burden, may witness an unprecedented increase in borrowings at the end of 2023-24 on June 30 as the amount has already surpassed the total borrowed in the entire FY23. The State Bank of Pakistan’s data showed that the government borrowed Rs3.99tr from July 1 to Jan 19, 2023-24 against Rs1.398tr in the same period last year, reflecting an increase of 185…

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Senate Committee Banned export of Minerals$10 bn Worth of Minerals & Marbles Can Be Exported . FPCCI

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fpcci-afghanistan

Karachi: Atif Ikram Sheikh, President FPCCI, has strongly opposed the proposed ban on raw minerals and marble as approved by Senate Standing Committee on Commerce; and, which includes both metallic and non-metallic minerals. This is contradictory to the vision of Special Investment Facilitation Council (SIFC), which has made mines and minerals as one of their only five focus areas, he added. Atif Ikram Sheikh categorically mentioned that Pakistan can easily reach a level of $10 billion in exports in minerals and marble, if a facilitative and incentivizing regime for the…

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Pakistan’s largest biogas plant unveiled in Lahore

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777-888

Will generate 16,000 kilogrammes of organic fertilizer daily Chief Minister Punjab Mohsin Naqvi inaugurated the biggest biogas plant of Pakistan at Gujjar Colony in Lahore. CM launched the compressed biogas plant production by pushing a button. MohsinNaqvi after unveiling the plaque, put his signatures on the inaugural plaque and wrote down date as well. MohsinNaqvi also planted a sapling in the biogas plant complex. 6 hundred metres gas can be produced in the biogas plant daily. 1600 kg dung will be used in the biogas plant daily. 16000 kg organic…

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Pakistan’s Electoral Process: How National Elections Shape the Country’s Parliamentary Democracy

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New-Election

Here’s an overview of how national elections work in the country:• Pakistan operates under a parliamentary system, where elections are held for seats in both the federal legislature, known as the National Assembly, and the provincial legislatures.• Approximately 128 million eligible Pakistani voters out of a population of 241 million have the opportunity to cast their ballots, provided they are above 18 years of age.• On election day, voters select two representatives for their constituency: one for the federal legislature and another for the provincial legislature.• A substantial number of…

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