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Last update: Sun, 31 Jul 2016 12pm

Industries & Sectors

Pakistan - Industries & Sectors

LNG to be supplied for Nandipur project in Feb 2017: Asif ISLAMABAD: Minister for Defence, Water and Power Khawaja Muhammad Asif has said Liquified Natural Gas (LNG) would be supplied in February 2017 for Nandipur power project.Talking to a private news channel, the minister said the government has provided funds for LNG pipeline. After supply of uninterrupted gas for Nandipur project the power capacity of this project would increase from 425 MW to 525.He said Nandipur project has four turbines and now one of them is operational and other will be functional after 45 days one by one.Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Industries & Sectors

Chinese investors keen to establish vehicles manufacturing plant in Sindh KARACHI: Chinese automobile manufacturing companies have expressed keen interest in assembling and manufacturing of the vehicles in Sindh and a delegation of Chinese companies will be taken for a visit to Bin Qasim Special Economic Zone in next few days.This was decided in a meeting chaired by Chairperson, Sindh Board of Investment (SBI), Naheed Memon here, said a statement on Friday.The Chinese delegation will be briefed about the land for setting up plant and facilities ...

Pakistan - Industries & Sectors

Gas companies devise extensive plan to upgrade transmission network ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) have devised an extensive plan to upgrade existing gas transmission network in their respective operational areas.The companies would spend Rs 71.043 billion on upgradation of transmission and distribution network across the country during the next fiscal year."The gas companies have planned to invest Rs 13,896 million on transmission projects, Rs 32,739 million on distribution projects and Rs 24,408 million on other ...

Pakistan - Industries & Sectors

PIA signs contract for lease of three A-330s KARACHI: PIA has formalized wet leasing of three A-330 aircraft from Sri Lankan Airlines. At a ceremony held in Colombo on Friday, CEO, Bernd Hildenbrand, signed the contract with Chairman, Sri Lankan Airlines, Ajith Dias and CEO Capt. Suren Ratwatte. A PIA statement here on Friday said that the contract has materialized after a series of negotiations between the two sides. First of these aircraft would be delivered during the next week, while the rest ...

Pakistan - Industries & Sectors

Industry to grow at 7.7pc during current Fiscal year ISLAMABAD: The Industrial sector of the country is expected to grow at 7.7 percent during the ongoing fiscal year 2016-17 compared to the growth of over 6.4 per cent during the fiscal year 2015-16." In view of its higher growth rate during the current fiscal year (against last year's growth rate), the industrial sector is expected to grow by 7.7 per cent during 2016-17 on the back of better energy supply and planned investment under ...

Pakistan - Industries & Sectors

Oil, gas discoveries' number reaches 84 with PPL's new find ISLAMABAD: Pakistan Petroleum Limited (PPL) has hit a gas discovery at its exploration well at Hadi, in district Sanghar of Sindh Province, bringing the total number of oil and gas finds to 84 during last three years."The well flowed at 0.85 MMscfd gas at 32/64 inches choke size, thus confirming the presence of natural gas at Hadi X-1A," official sources in the Ministry of Petroleum and Natural Resources told APP.In last month alone, they informed ...

Pakistan - Industries & Sectors

Bahria Foundation applies for LNG Terminal construction licence ISLAMABAD: The Bahria Foundation has applied to the Oil and Gas Regulatory Authority (OGRA) for grant of Liquefied Natural Gas (LNG) Terminal construction licence, official sources in the Ministry of Petroleum and Natural Resources said.Last year in March, they said, the country's first LNG terminal was built by M/s Engro Elengy Terminal Limited (EETL) in the shortest period of 11 months.Around 200 mmcfd (million cubic feet per day) LNG, they said, was being injected in ...