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Wajahat Javed
Joined on: Nov 30, -0001 Published stories: 143

Articles By Wajahat Javed

Government deliberately holding-up on Iran gas project: Murtaza Mughal

Government deliberately holding-up on Iran gas project: Murtaza Mughal Tuesday, December 27: Dr Murtaza Mughal, president Pakistan Economy Watch (PEW) alleged the government of deliberately holding-up on Iran gas. The President said that the basis reason behind this delay is to please the United States. Mughal held that this policy of the government is damaging […]

PEPCO sinks further into debts

PEPCO sinks further into debts Failing to make an adequate amount of recoveries from the Pakistani government and private sector, PEPCO (Pakistan Electric Power Company) sank further into debts. As on, Monday, December 26 the company owes Rs350 billion to various lenders. According to documents, Pepco’s receivables stood at Rs345.969 billion (provincial and federal governments […]

Islamabad must stop interference urges Power distribution companies

Islamabad must stop interference urges Power distribution companies Thursday, December 22: The boards of directors of power distribution companies showed their concerns about too much interference from Islamabad and the absence of decisive powers. In a meeting of Boards of Directors of power distribution companies, the chairman of each board spoke about the despondent state […]

Government not interested in the import of LNG

Government not interested in the import of LNG The government of Pakistan move to import Liquefied Natural Gas (LNG) has received several hurdles, including the hike in international price of the product and the government’s own reluctance to kowtow to international practises by offering a sovereign guarantee to firms presently bidding to import the gas. […]

Pakistan and India to ease on visa policy for businessmen

Pakistan and India to ease on visa policy for businessmen Shahid Malik, Pakistan’s High Commissioner to India, said on Tuesday, December 20 that a very liberal visa policy between the two countries is likely to be put in place very soon. Malik talking to Irfan Qaiser Sheikh, Lahore Chamber of Commerce and Industry (LCCI) President, […]

SNGPL thinking of suspending gas supply to CNG stations every day for a specific time period

SNGPL thinking of suspending gas supply to CNG stations every day for a specific time period Arif Hameed, Managing Director Sui Northern Gas Pipelines Limited (SNGPL) has said that the company is thinking of suspending gas supply to compressed natural gas (CNG) stations every day for a specific time period so that supply to residential […]

Pakistan Government and major stakeholders agree to new load management plan

Pakistan Government and major stakeholders agree to new load management plan Major stakeholder of natural gas in Pakistan agreed on Friday to a load management agreement that would share gas over the winter season. Asim Hussain, Petroleum Minister, held a meeting in which representatives from the All Pakistan Compressed Natural Gas Association, the All Pakistan […]

Canadian High Commission shows concern over Reko Diq copper and gold mining project

Canadian High Commission shows concern over Reko Diq copper and gold mining project Lajoas Andraaz, Canadian Deputy High Commissioner, has shown his concern over investment worth $400 million stuck in Reko Diq copper and gold mining project. Speaking to a delegation in Multan he said, “We do not have any political objectives in Pakistan, Canada […]

Oil Consumption in Pakistan surged up by 11 % in November

Oil Consumption in Pakistan surged up by 11 % in November Consumption of Oil is increased by 11% in November on a yearly basis with an impressive performance from all mainstream products. Petrol sales also increased by a significant 34% as gas load shedding have made many producers to shift to the more expensive alternate […]

National Assembly urges Government to arbitrate into the market to stabilise falling prices of cotton

National Assembly urges Government to arbitrate into the market to stabilise falling prices of cotton National Assembly’s Standing Committee, Headed by Mohamad Akram Ansari, for the Textile Industry has urged the government to arbitrate into the market to stabilise falling prices of cotton. The committee requested the government to direct the Trading Corporation of Pakistan […]

Islamic micro financing not taken seriously in Pakistan says, Ahmed Shuja Kidwai

Islamic micro financing not taken seriously in Pakistan says, Ahmed Shuja Kidwai Ahmed Shuja Kidwai, the Chief Operating Officer of Al Baraka Bank, said that the extraordinary potential in the country, financial institutions in Pakistan are still not taking Islamic micro financing seriously. Speaking about the situation of this up-and-coming sector in the country, he […]

The Cabinet rejects gas load management programme proposed by Ministry of Petroleum

The Cabinet rejects gas load management programme proposed by Ministry of Petroleum On Thursday, December 8 the Cabinet rejected the gas load management programme proposed by Ministry of Petroleum. As per the proposed programme, load shedding will be exhibited in Punjab and Sindh while Khyber-Pakhtunkhwa (K-P) and Baluchistan are to be excluded on account of […]

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