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Govt shuns plans to renegotiate $15b energy projects

Govt shuns plans to renegotiate $15b energy projects
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.

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Consumers owe Rs473bn in GIDC arrears - Newspaper

ISLAMABAD: Senate Standing Committee on Petroleum and Natural Resources chairman Muhammad Abdul Qadir is presiding over a meeting at Parliament House on Monday. APP
ISLAMABAD: Briefing the Senate Standing Committee on Petroleum on Monday, the Petroleum Division said that out of a total Rs790 billion on account of the Gas Infrastructure Development Cess (GIDC), various consumers owed approximately Rs473bn in arrears.
The Senate body meeting, presided over by committee chairman Senator Abdul Qadir, discussed overall foreign investment in the country’s oil and gas sector.
The committee was informed that out of a total of about Rs790bn worth of GIDC, an amount of Rs321bn had been deposited in the federal treasury as of April 2021 while Rs473bn was still recoverable from various parties. There were also stay orders from the high courts over the recovery of Rs356bn while a waiver of Rs50bn had been given to the CNG sector. The committee chairman directed relevant authoriti ....

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Lacklustre trading activity, foreign selling kept index in check

Daily Times
Index clocked in at 47,793 level, foreign investors were net sellers of $21 million
July 25, 2021
Investors struggled to find a catalyst to set a direction at Pakistan Stock Exchange (PSX) in the shortened (two-session) outgoing week, as risk-shy investors remained away from the index, owing to the rising Afghan crisis, resurgence of Covid-19 and foreign selling pressure.
The PSX benchmark KSE-100 index exhibited a range bound session as it clocked at 47, 703 level inching down from 47,834 points- previous weeks closing, after trading between the weekly high of 48,004.54 points and a low of 47,691.33 points, respectively.
Investor sentiment remained lukewarm primarily due to a shortened trading week due to Eid holidays. Moreover, the departure of US forces from Afghanistan has placed the region in a tight spot, as Afghan Taliban has been staking claim over 90 pc of the country, risking a fallout in the neighbouring countries-with Pakistan facing a ....

Pakistan Stock Exchange , Sui North Gas Pipeline , National Clearing Company Of Pakistan Limited , Sui Southern Gas Company , Pakistan Services , Meezan Bank , Afghan Taliban , State Bank , Sui Southern Gas Company Limited , Sui North Gas Pipeline Limited , North South Gas Pipeline Project , Pakistan Services Limited , Systems Limited , Meezan Bank Limited , Maple Leaf Cement , National Clearing Company , Pakistan Limited , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , ஸூயீ வடக்கு வாயு குழாய் , தேசிய அழித்தல் நிறுவனம் ஆஃப் பாக்கிஸ்தான் வரையறுக்கப்பட்டவை , ஸூயீ தெற்கு வாயு நிறுவனம் , பாக்கிஸ்தான் சேவைகள் , மீசன் வங்கி , நிலை வங்கி , ஸூயீ தெற்கு வாயு நிறுவனம் வரையறுக்கப்பட்டவை , ஸூயீ வடக்கு வாயு குழாய் வரையறுக்கப்பட்டவை ,

KSE-100: Stocks close flat ahead of Eid holidays

KSE-100: Stocks close flat ahead of Eid holidays
Foreign investors were net sellers of $8.07mn
July 20, 2021
Market participation remained lacklustre at the KSE-100 index on Monday as lack of triggers and Eid holiday-week kept investors away from the bourse.
On Monday the benchmark KSE-100 index clocked at 47,873 level after posting a mere 38.93 points gain. The index touched an intraday high of 48,004.54 and a low of 47,751.72 as it traded in a range of 252.82 points or 0.53 percent of previous close.
Trading kicked off on an optimistic note but witnessed volatility as intra-day correction and discounted share prices attracted selective buying after midday. ....

Sui North Gas Pipeline , Sui Southern Gas Company , Pakistan Services , Sui North Gas Pipelines , National Clearing Company Of Pakistan , Fauji Fertilizer Company , Meezan Bank , Sui Southern Gas Company Limited , Sui North Gas Pipeline Limited , North South Gas Pipeline Project , Bycopetroleum Limited , National Clearing Company , Pakistan Services Limited , Meezan Bank Limited , Fauji Fertilizer Company Limited , ஸூயீ வடக்கு வாயு குழாய் , ஸூயீ தெற்கு வாயு நிறுவனம் , பாக்கிஸ்தான் சேவைகள் , தேசிய அழித்தல் நிறுவனம் ஆஃப் பாக்கிஸ்தான் , பொஜி உரம் நிறுவனம் , மீசன் வங்கி , ஸூயீ தெற்கு வாயு நிறுவனம் வரையறுக்கப்பட்டவை , ஸூயீ வடக்கு வாயு குழாய் வரையறுக்கப்பட்டவை , வடக்கு தெற்கு வாயு குழாய் ப்ராஜெக்ட் , தேசிய அழித்தல் நிறுவனம் , பாக்கிஸ்தான் சேவைகள் வரையறுக்கப்பட்டவை ,

No decision on Engro terminal dry docking - Newspaper

Cabinet body asks Petroleum Division to follow priority order of gas curtailment under the load management plan already in vogue. ....

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