Flames from a gas stove. — Reuters/File Implementation involves a cap of 100 million cubic feet of gas to be sold to the private sector. Circular debt must be reduced through timely advance payments to E&P companies. The notified decision of the government has virtually liberalized the upstream oil and gas sector. ISLAMABAD: The monopoly … Read more
An image of the Tethyan Copper Company (TCC) gold and copper mining exploration project site in Reko Diq, Balochistan. -TCC The Minister of Oil rejects media reports on the participation of Reko Diq. The government is having positive discussions with the kingdom in this regard: Malik. “A deal with Saudi Arabia on Reko Diq shares … Read more
An aerial view of the Reko Diq mine in Balochistan. —Reuters/File Saudi Arabia will acquire 15% of the capital in two phases. A first tranche of $330 million will soon be transferred. Reko Diq has 5.9 billion tonnes of copper-gold ore reserves. ISLAMABAD: The government has approved the sale of 15% stake in the Reko … Read more
President-elect Donald Trump has repeatedly suggested that the United States take back the Panama Canal, a waterway that runs through Central America, unless tariffs for using the canal are reduced. The Panamanian leader responded in a recent statement, saying the waterway was not for sale. Since then, Trump has repeatedly posted about the channel. It’s … Read more
LAHORE: Following a surge in confirmed coronavirus cases and a significant increase in the number of recovering patients, a blood plasma black market has emerged across the country, particularly in the provincial capital. People are selling the blood plasma of recovered coronavirus patients for tens of thousands of rupees, The Express Tribune learned on Saturday. … Read more
Crew members disembark from a Pakistan International Airways (PIA) flight at Kabul airport, Afghanistan, September 13, 2021. — AFP Dar-led CCoP rejects Blue World City privatization offer of Rs 10 billion. The government is considering agreements with China and Gulf countries, including Qatar. These countries can play a key role in the privatization of PIA, … Read more