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Water, sanitation and hand hygiene, together with physical distancing, are central to preventing the spread of COVID-19, and a first line of defence against this serious threat to lives and health systems. Handwashing with water and soap kills the virus but requires access to running water in sufficient quantities. Our response plans – at national, regional and global levels – must therefore prioritize water, sanitation and hygiene services. Leaders that recognize the role of water, sanitation and hygiene in preventing the spread of COVID-19, will save lives. Leaders that prioritize…

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Oil prices reversed gains and turned positive on Monday after Saudi Arabia’s energy minister said the kingdom aims to provide additional voluntary cuts in an effort to support global markets. Brent crude futures gained 26 cents to trade at $31.23 per barrel, U.S. West Texas Intermediate crude futures gained 43 cents to trade at $25.18 per barrel. Gains were capped, however, as concerns over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support from supply cuts at some of the world’s top producers.…

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The government has reduced the prices of re-gasified liquefied natural gas (RLNG) by 21.63% or $2.0729/mmbtu for Sui Northern Gas Company (SNGPL) and 18.9% or 1.8061/mmbtu for end consumers of the Sui Southern Gas Company (SSGC) for May. According to the notification issued by the Oil and Gas Regulatory Authority (OGRA), the RLNG prices were decreased for the consumers of both the state owned gas distribution companies for the month of May. Due to the lockdown in the country with significant reduction in the international prices of Brent Oil, the prices…

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ISLAMABAD: The government on Thursday reduced price of re-gasified liquefied natural gas (RLNG) for May 2020 by 21.63 percent for Sui Northern Gas Pipelines Limited (SNGPL) and 18.9 percent for Sui Southern Gas Company (SSGC) over the previous month following a sharp decline in international crude oil price. The Oil and Gas Regulatory Authority (OGRA) notified the RLNG prices by setting the new prices at $7.5105/mmbtu for the consumers of SNGPL and $7.7521/mmbtu for Last month, the RLNG price for SNGPL was $9.5834/mmbtu and for SSGC, it was $9.5582/mmbtu. In…

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ISLAMABAD: Pakistan’s five refineries have braved mammoth inventory losses of Rs25.849 billion in just two months of March and April 2020 due to Covid-19’s adverse impact on oil industry across the world and more damage is also on the cards in the next two months of May and June, 2020. The refineries also told the government if they were not compensated, their survival will be at stake. “The refineries that include the Attock Refinery Limited (ARL), National Refinery Limited (NRL), Pakistan Refinery Limited (PRL), Pak-Arab Refinery Company (PARCO) and BYCO…

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