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Tarin appointed as ECNEC chairman Cabinet Division issues notification about reconstitution of key committee Shaukat Tarin speaks at a meeting in Washington in 2009. PHOTO: AFP ISLAMABAD: Prime Minister Imran Khan has reconstituted the Executive Committee of the National Economic Council (Ecnec) and appointed Minister for Finance Shaukat Tarin as its chairman. The Cabinet Division has issued a notification about the reconstitution of Ecnec. Chaired by Tarin –the fourth economic czar to be appointed by Prime Minister Imran Khan during his three-year rule – the top economic decision making...

‘Central Asia resources need to be explored’ Energy minister expresses satisfaction over progress on TAPI gas pipeline ISLAMABAD: Natural resources including natural gas need to be explored in Turkmenistan for mutual benefit of both countries, said Federal Minister for Energy Hammad Azhar. Speaking to Ambassador of Turkmenistan to Pakistan Atadjan Movlamov on Tuesday, he expressed satisfaction over the progress on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline. He reiterated the strong desire of Pakistan to further cement existing bilateral relations between the two broth...

Govt makes changes in transmission line deal Minister says 660kv HVDC Matiari-Lahore project will bring stability to system According to data provided to Nepra by the CPPA, energy generation in Feb 2021 was recorded at 7,281.01 gigawatt-hours at a cost of Rs34.311b (Rs4.7123 per unit). PHOTO: AFP LAHORE: The present government is actively pursuing the completion of energy projects including those under the China-Pakistan Economic Corridor (CPEC), said Minister for Energy Hammad Azhar. Azhar’s comments came at the signing ceremony of an Addendum/Amendment to the agreement for the ±660-kilo...

Govt awards six exploration blocks The move will attract minimum $24.68m of firm work commitment Earlier, a 40% premium was offered on respective zonal prices in the 2009 petroleum policy, but with announcement of the 2012 policy, the price incentive for tight gas exploration was withdrawn. PHOTO: FILE ISLAMABAD: The government on Friday awarded six exploration blocks to oil and gas exploration and production companies to attract a minimum $24.68 million in firm work commitment. The ceremony for the signing of petroleum concession/ exploration licence agreements for the six oil and gas blocks...