Category: Shortcode

IP gas pipeline delay may lead to $18b fine on Pakistan

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gas-pipeline

ISLAMABAD: Pakistan risks a fine of $18 billion for not completing the Pakistan-Iran gas pipeline project in the timeframe stipulated in the agreement, the Public Accounts Committee (PAC) was informed on Wednesday. The apex committee of the National Assembly (NA) met with Noor Alam Khan in the chair and deliberated on the non-utilisation of Rs332 billion in gas infrastructure development cess. Demanding progress on the publicly-funded projects, Bargees Tahir said that Rs325 billion were received, but only Rs2 billion were spent. Syed Hussain Tariq said that the funds are lying…

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OGDCL Empowers Athletes for Special Olympics World Games to Showcase Talent on Global Stage

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OGDCL

OGDCL Empowers Athletes for Special Olympics World Games to Showcase Talent on Global Stage June 7, 2023 ISLAMABAD, June 07, 2023: Oil and Gas Development Company Limited (OGDCL) continues its commitment to inclusivity and support for unique talent by sponsoring 20 exceptional athletes to represent Pakistan in the Special Olympics World Games Berlin 2023. This initiative, in collaboration with Special Olympics Pakistan, highlights OGDCL’s dedication to social responsibility and provides a platform for these athletes to showcase their skills on a global stage. At a heartwarming farewell event held at…

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NFEH marks World Environment Day ‘No authentic data available on municipal waste including plastic trash generated in Karachi’

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Environment-day

There is no authentic data available on the massive quantity of solid waste including plastic trash generated in Karachi daily owing to which it is very difficult to devise an effective plan to deal with this hazardous issue of the city.This was stated by the speakers including environmentalists who spoke at a seminar on plastic pollution organised by the National Forum for Environment and Health (NFEH) to mark World Environment Day.Shariq Vohra, former president of the Karachi Chamber of Commerce and Industry (KCCI) and who himself is involved in the…

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NFEH calls for adopting National Action Plan for effectively dealing with plastic pollution issue in PakistanWorld environment day will be celebrated on June 05

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Environment-Day

The National Forum for Environment and Health (NFEH) has demanded that federal, provincial, and local governments should sit together and adopt a ‘National Action Plan’ to effectively deal with the issue of plastic waste before this polluting issue causes irreversible damage in the country.In a address in connection with of World Environment Day-2023, NFEH President Naeem Qureshi said that the least Pakistan should do is to ensure that all main urban centers in Pakistan should strictly impose a ban on single-use polythene bags to tackle the problem of plastic pollution.He…

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Up to 50pc gas tariff hike looms from next month

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Gas-tariff

ISLAMABAD: Starting from July 2023, consumers can expect a potential 50 per cent increase in natural gas prices in Pakistan. On Friday, the Oil and Gas Regulatory Authority (Ogra) concluded its determinations for two struggling state-run gas utilities and submitted them to the government for issuance of a notification. For the upcoming fiscal year 2023-24, Ogra has calculated an estimated revenue requirement (ERR) of Rs697.4 billion to be collected from gas consumers. The Sui Northern Gas Pipeline Limited (SNGPL), responsible for gas supply to consumers in Punjab and Khyber-Pakhtunkhwa (KP),…

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