Business
Business
Russian giant Gazprom eager to supply LNG to Pakistan
Islamabad: Russian energy giant Gazprom has expressed keen interest in supplying liquefied natural gas (LNG) to Pakistan, which has already signed…
Pakistan has 10,159 tcf of shale gas deposits: USAID
Islamabad: Pakistan has massive deposits of 10,159 trillion cubic feet (tcf) of shale gas and 2.3 trillion barrels of oil –…
Indonesia likely to ban import of Pakistani kinnows
Islamabad: Indonesia is likely to impose a ban on the import of Pakistani Kinnows with effect from January 2016. According to…
World Bank agrees to finance Tarbela’s extension
Islamabad: The World Bank has affirmed its financial assistance for the 1,410-megawatt fifth extension of Tarbela hydroelectric power project that will…
AGP gives govt clean chit on Nandipur project
Islamabad: The federal government has claimed that the Auditor General of Pakistan (AGP) has given it a clean chit on the…
WAPDA signs Rs4.8 billion contract with Chinese group
Islamabad: The Water and Power Development Authority (Wapda) has signed a contract worth Rs4.8 billion with China Railway First Group (CRFG)…
PSDP: Development spending sees axe
Islamabad: The Ministry of Finance has withheld funds amounting to Rs79.4 billion out of the Rs150.6 billion sanctioned by the planning…
ECNEC gives go ahead to motorway’s Lahore-Multan section
The country’s top most economic decision-making body earlier yesterday approved the construction of the 230km Lahore-Multan section of the Karachi-Lahore…
Kickbacks” PPL likely to be sold piecemeal
The management of Pakistan Petroleum Limited (PPL) has decided to divide the company’s production and reserves into smaller assets, in…