07302016Sat
Last update: Sat, 30 Jul 2016 08am

Industries & Sectors

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 the national system through the terminal to meet the existing energy demand."Another two LNG terminals will be established in Sindh and Gwadar and once they complete, the country's gas shortage will overcome," they told APP.Commenting on the fast-track completion of the first terminal, they said it had been completed in 335 days at a cost of $135 million, which was a record in world's history.Normally, they said, a terminal takes around three to four years ...

Pakistan - Industries & Sectors

Motorcycle production up by 17pc to reach 1.8mn in 11 months ISLAMABAD: The production of motorcycles increased by 16.65 percent during the first eleven months of the fiscal year 2015-16 as compared to the production of the corresponding period of last year.The production of motorcycles stood at 1,873,491 units during July-May (2015-16) compared to the production of 1,606,075 units during July-May (2014-15), according to the data of Pakistan Bureau of Statistics.On year on year basis, the production of motorcycles increased by 11.35 percent during May 2016 ...

Pakistan - Industries & Sectors

Careem brings free WiFi service for riders The app based car hiring service Careem is offering free WiFi service to its customers, along with discount in fares, stated a statement.According to local media reports, Careem has collaborated with Telenor, under which the transportation service will provide a hefty discount of 35 percent to Telenor customers for their first ride using Careem. Whereas, customers will also be provided access free WiFi services during the ride. “We are pleased to enter into this partnership ...

Pakistan - Industries & Sectors

PIA ‘Premier Service’ to begin from 14th August Pakistan International Airlines (PIA) the country’s national flag carrier is all set to regain its lost glory days, as it has decided to launch a premier service at some selected routes on August 14th this year. “New leased PIA planes. Day not far when PIA will be at par with the world's finest airlines IA. That's Nawaz Sharif!,” said Prime Minister Nawaz Sharif daughter Maryam Nawaz at Twitter, sharing some pictures of the wide body ...

Pakistan - Industries & Sectors

Car production up 21.57pc, LCVs output increases 35.65pc in 11 months ISLAMABAD: The production of jeeps and cars witnessed growth of 21.57 percent in production during the first eleven months of the current fiscal year, compared to the corresponding period of last year.As many as 168,363 jeeps and cars were manufactured during July-May (2015-16) compared to the production of 138,490 units during July-May (2014-15), showing a surged of over 21.57 percent, according to the data of Pakistan Bureau of Statistics (PBS).The production of Light Commercial Vehicles ...

Pakistan - Industries & Sectors

Engro Powergen, DTI Join hands to provide scaffolding training in Thar ISLAMABAD: The Engro Powergen Thar Limited (EPTL) and Descon Technical Institute (DTI) signed an agreement to provide on-site scaffolding training to 200 locals of Thar.This will serve as a great opportunity for the people of this region to become more involved with the Thar Coal Project which will be a game changer for Pakistan's energy landscape and the people of the desolate region of Thar, said a press statement issued on Monday.Moreover, with this Project ...

Pakistan - Industries & Sectors

Solar, electric rickshaws to run in Peshawar soon ISLAMABAD: To control the ever increasing environmental pollution, the Khyber Pakhtunkhwa government has decided to introduce solar and electrical rickshaws in Peshawar soon.Talking to a private news channel, Secretary transport department KP Hamid Gigyani said the Khyber Pakhtunkhwa government wanted to reduce pollution in the province and particularly in the capital city Peshawar and that was the reason the electric and solar rickshaws were being introduced.He said a number of companies had submitted their proposals ...