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The Ambassador of Kazakhstan to Pakistan H.E. Mr. Yerzhan Kistafin called on Minister of state for petroleum Dr. Musadik Malik here today. Minister warmly welcomed the ambassador and noted the importance of energy cooperation between both the countries. Dr. Musadik appreciated the brotherly relations and long-standing people to people affinity. He further remarked that Pakistan can benefit greatly from the huge energy reserves of Kazakhstan. Not only the immediate energy demands of Pakistan can be met but also Pakistan can serve as a gateway via Gwadar to the energy products…

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Karachi (PR): In a message, Mr. Irfan Iqbal Sheikh, President FPCCI, has said that Pakistan needs to expand and enrich its trade promotion activities with the 57-member alliance of Islamic Chamber of Commerce, Industry & Agriculture (ICCIA) – which collectively represents a GDP of $7 trillion. He explained that these countries have huge demand for Pakistani textiles; leather goods; rice, fruits & vegetables, IT services; skilled & semi-skilled workforce; and, we should capitalize on the opportunities to bridge our trade deficit of up to $4 billion / month, which is…

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The National Electric Power Regulatory Authority (Nepra) has imposed a fine of Rs10 million on the National Transmission and Despatch Company (NTDC) on account of power supply failure and partial blackout. This was due to the collapse of eight tower – two towers of 500 kV on the Dadu-Jamshoro transmission line and six towers of 500 kV from Port Qasim Matiari – because of cyclonic winds and thunderstorms. Moreover, evacuations of 1320 MW at Port Qasim (IPP) was also suspended due to the aforesaid reasons and the same was restored…

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Sindh Energy Minister, Imtiaz Ahmed Shaikh on Wednesday demanded that the federal government take immediate action against K-Electric (KE) for terminating the services of a large number of employees. In a letter written to Federal Energy Minister Khurram Dastgir Khan, the minister expressed grave concern on the ongoing process of laying off KE employees. In the letter, Shaikh wrote that a large number of KE employees, especially from Sindh, have either been unfairly terminated or forced to resign without any reason. He demanded that the federal government pay immediate attention…

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Minister of State for Petroleum Musadik Malik on Wednesday said the natural gas shortage would persist this winter like last year, pinning the blame on Imran Khan’s administration for failing to contract the cheapest available liquefied natural gas at the time and no improvement in domestic gas production. He, however, said that an effective gas load management was being finalised to ensure the supply of liquefied petroleum gas (LPG) cylinders as an alternative fuel. Speaking at a news conference after attending a meeting chaired by Finance Minister Ishaq Dar, Mr…

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