The Economic Coordination Committee of the Cabinet (ECC) Thursday decided to approve three different projects for the construction of terminals at Port Qasim for receiving, storage and regasification of LNG. These include Fast Track Engro Terminal Project likely to be completed between 6 to 8 months at an estimated cost of $ 30-40 million […]
The Economic Coordination Committee (ECC) of the Cabinet Tuesday prioritized the gas management and the CNG was placed as the last priority. It was decided that first priority order will be given to the domestic and commercial sectors. The power & general industries sectors will be accorded second and third priority respectively. Whereas cement […]
Declaring linkage of CNG (Compressed Natural Gas) prices with those of other petroleum products illegal, the Supreme Court of Pakistan on Thursday issued an interim order in a case about weekly review of gas prices. A two-member bench of the apex court headed by Chief Justice Iftikhar Muhammad Chaudhary ruled that the court said that […]
In its weekly revision of petroleum prices, the government has dropped another petrol bomb on poverty-stricken masses, by increasing prices of petroleum products up to seven rupees. Taking effect from September 17 (Today), the Oil & Gas Regulatory Authority (OGRA) has notified the change of petroleum products prices once again. Earlier, the ministry of finance […]
Islamabad: (Wednesday, August 08, 2012) Upon the protest of Punjab’s chief minister Shahbaz Sharif, the Economic Coordination Committee (ECC) has formed a committee with the mandate to ensure uniform loadshedding across the country. The ECC meeting held here in today in the chairmanship of the Prime Minister Raja Pervaiz Ashraf. The ECC committee will first […]
Aug 8 2012 | Posted in
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In order to give protection to fellow collogues and avoid unwanted contempt proceedings, the federal cabinet on Wednesday gave approval to amendment bill pertaining to dual citizenships and contempt of court laws. The meeting of the cabinet held with Prime Minister Raja Pervez Ashraf in the chair, issuing orders that the dual nationality amendment bill […]
As power shortfall hit 8,000 megawatts on Thursday and protests fanned across Punjab, President Asif Ali Zardari directed Minister for Water and Power to take effective measures for elimination of unscheduled loadshedding. President Zardari convened an emergency meeting on the energy crisis, suggesting the concerned minister to establish a central control room in the Ministry […]
PPL seeks approval of ECC to investment $100 million in Iraq Wednesday, April 11, 2012: Pakistan Petroleum Limited (PPL) has shown interest to invest $100 million in Iraq in a joint venture with a Chinese firm; however, the company and the Ministry of Petroleum and Natural Resources is seeking the approval of the Economic Coordination […]
Apr 12 2012 | Posted in
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CM’s filling the pockets, issuing more CNG Licenses – Pakistan oil and gas news
Mar 27 2012 | Posted in
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Presently, the country’s economy is not in good condition and the incumbent, on the whole appears to be not in a mood to take significant steps to help it. However, the Economic Coordination Committee (ECC) of the Cabinet shared some really futuristic decisions that would help in boosting the local economy. The ECC under the […]
Defaulters get continuous power supply The power distribution companies have failed to cut supply of their potential defaulters, who owe them an enormous sum of Rs98 billion. Instead, these defaulters are getting nonstop power supply. An executive of the Ministry of Water and Power told that power companies are expected to cut supply of defaulters, […]
Feb 3 2012 | Posted in
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Parliamentary Committee on National Security divided over terms of engagement with US Differences appeared to have emerged in the Parliamentary Committee on National Security (PCNS) as various political parties Tuesday looked divided over the country’s role and association with the US in terms of war on terrorism. “Jamat-e-Islamai (JI) and Jamiat Ulema-e-Islam (JUI-F) have recommended that Pakistan […]
Jan 4 2012 | Posted in
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