Category: Shortcode

Prime Minister Shehbaz Sharif Tuesday exchanged views on matters of common interest with UAE President Sheikh Mohamed bin Zayed Al Nahyan during a telephone call. The two leaders review the progress and resolved to further strengthen ties while recalling the decisions taken during the visit of PM Shehbaz to the UAE in April 2022. According to a statement released by the Prime Minister’s Office, the two leaders resolved to further strengthen trade and economic ties with a particular focus on accelerating cooperation and building partnerships in areas comprising investments, energy,…

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Muhammad Humair Karim, Secretary, Ministry of Economic Affairs, H.E. Ms. Lis Rosenholm, Ambassador of Denmark to Pakistan , signed an Inter-Governmental Framework Agreement between the Governments of Pakistan and Denmark. H.E. Ms. Lis Rosenholm, the Ambassador of Denmark to Pakistan also had a brief meeting with the Minister for Economic Affairs, Sardar Ayaz Sadiq in his office. He apprised the Ambassador that Pakistan and Denmark enjoy a friendly and cordial relationship and a lot of potential exist to enhance the relationship between both nations. He further stated that the efforts…

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The Oil and Gas Regulatory Authority (Ogra) has asked the government to immediately create a National Gas Transmission Company (NGTC) classified as a “strategic asset” to begin with gas sector reforms and open up the gas market for competition and facilitate bridging a massive demand-supply gap currently facing the country. According to Ogra estimates, Pakistan’s unrestricted gas demand is currently more than six billion cubic feet per day (bcfd), compared to 3bcfd of total supplies, including imported LNG, leaving a growing shortfall of more than 3bcfd. In a presentation, Ogra’s…

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THE continuing political circus is distracting from the intense monsoon, the worst in three decades. Public and media attention is rightly focused on the devastation — 550 dead, infrastructure washed away, acute food and water shortages, especially dire in Balochistan. But we are still not doing enough to connect this devastation with broader climate change discourse, using the grim circumstances to, at the very least, increase awareness. The 2012 National Climate Change Policy called for more climate change awareness, including the introduction of a climate curriculum. But we remain far…

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Under the federal government-backed initiative ‘Decade of Dam’, the Water and Power Development Authority (WAPDA) is currently working on multiple dam projects. According to the initial planning and framework of the initiative, these dams are expected to be completed by 2028.  Projects that are already in the works include Diamer-Bhasha Dam, Mohmand Dam, Dasu Hydropower Project, Sindh Barrage, Nai Gaj Dam, and K-IV Project. These large-scale hydropower developments will be completed and made operational one by one. Update: (July 23, 2021): The government of Pakistan and the Asian Development Bank (ADB)…

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