Posted: 29 Dec 2011 09:00 PM PST
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Kaptan Ki Kahani [3] By Haroon ur Rashid
Posted: 29 Dec 2011 08:57 PM PST
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Part 1: Kaptan Ki Kahani By Haroon Ur Rashid
Part 2: Kaptan Ki Kahani By Haroon Ur Rashid
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From little to no CNG from January
Posted: 29 Dec 2011 08:56 PM PST
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ISLAMABAD Federal Minister for Petroleum and Natural Resources Dr Asim
Thursday said that all the CNG stations will have to be closed in January
as the country was mired by acute gas shortage.
The minister told National Assembly's Standing Committee on Petroleum on
Thursday that the gas pressure was low to the extent that gas supply to all
consumers would have to be suspended if the CNG stations were not shut next
month. CNG closure is already being observed for four days in Punjab. Sindh
and other areas of country are also facing CNG short supply. Earlier,
speaking to the media in the Daultala area of Gujjar Khan on the
inauguration of Adhi Oil Field, the minister said gas supply to industries
will also be slashed as the gas shortfall has reached to one billion cubic
feet and the emergency would stay in the during January 2012. Ensuring the
supply of gas to domestic consumers is top priority of government, he
remarked. Previous governments and agreements executed by them were behind
the profiteering on gas products, he claimed.
Dr Asim asked the representatives of CNG associations to 'stop lying' and
shun 'plundering' the people, saying they were earning a debilitating
profit of Rs20 per kilogram on CNG. He said they should provide gas at
lower and reasonable rate to people and abstain from politicking on this
matter. He went on say that petrol had become a very costly product
therefore; prices of CNG would be enhanced.
Earlier on Wednesday, the petroleum ministry finalised a summary of hikes
in gas prices and has sought formal approval from the prime minister.
According to the summary, consumers will face a hike between 14 and 207
percent in order to generate Rs385 billion for gas utilities and import
projects. If the summary is approved, the price of CNG would rise from Rs67
per kilogramme (kg) to Rs80 per kg – a hike of Rs13 per kg.
Liquefied Petroleum Gas (LPG) will cost an additional Rs14 per kg after the
imposition of Petroleum Levy worth $120 per tonne on locally-produced LPG.
This hike would generate Rs4 billion in additional revenue for the
government in a year. Dr Asim during his visit to the Adhi Field
distributed Benazir Employees Stock Option Scheme (BESOS) certificates
among employees of Pakistan Petroleum Limited (PPL) working there. The
event was attended by MNA Raja Parvez Ashraf, Khyber Pakhtunkhwa Assembly
Speaker Karamatullah Khan as well as local representatives and media. On
the company's behalf, PPL Board Chairman Hidayatullah Pirzada, Petroleum
Concessions Director General Sher M Khan, who is also a PPL director and
others were present at the event. Adhi Field, around 70 kilometres south of
Islamabad, is a joint venture of PPL (operator), OGDCL and Pakistan
Oilfields Limited (POL). Daily average production from Adhi Field is around
39 MMscfd gas, 1,800 barrels per day NGL, 3,800 bbl oil and 125 tonnes LPG.
Currently, 9 wells are on production at Adhi Field from Tobra-Khewra
Reservoir and two from the Sakesar Formation.
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Mian Sahib! Mustaqbil Ki Baat Karain By Hassan Nisar
Posted: 29 Dec 2011 08:55 PM PST
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US wants new start in relationship with Pakistan: State Dept
Posted: 29 Dec 2011 08:54 PM PST
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WASHINGTON: The United States wants to turn the page of its relationship
with Pakistan in the New Year, after a difficult and complex phase in
2011, a State Department spokesperson said Thursday..
I dont think anybody on any side would question that 2011 was a difficult
and complex year in the US-Pakistani relationship, Spokesperson Victoria
Nuland said as the year closes under the shadow of November 26 NATO strike
on Pakistani border posts, which claimed lives of 24 Pakistani soldiers.
Obviously, what we want to do is turn the page, redouble our efforts to
cooperate against the threats that we share, and to support a strong,
prosperous, democratic Pakistan in an increasingly stable, peaceful,
prosperous, democratic region, she said in response to questions at her new
briefing.
The United States, she said, has been investing a lot in building its
relationship with Pakistan and the people of this country, but needs to
redouble its efforts.
We put a huge amount of US taxpayer money every year into education
programmes in Pakistan, microlending programmes, flood relief, all kinds of
economic opportunity programs because we believe a strong Pakistan is in
our interests, she said.
So we will continue to try to give that message directly to the Pakistani
people, as the secretary did herself in her town hall meeting and in her TV
interviews when she was in Pakistan in October, she said.
We believe that that message needs to be conveyed strongly in Pakistan by
Americans and by Pakistanis.
We need each other and that we have a lot of work still to do to build the
kind of neighborhood there that it is in our mutual interests.
Nuland said in response to a question at her daily news conference.
On improving relations between the South Asian neighbours, Pakistan and
India, the spokesperson said the outgoing year proved to be good in this
respect.
I think you know that we've long encouraged direct dialogue between India
and Pakistan, that we are encouraged that, on this front, 2011 was a good
year, that they made considerable progress together, and we want to see
that progress deepened and strengthened in the – in 2012.
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Establishment Kay "Nikah Khawan" Hazrat By Attaul Haq Qasmi
Posted: 29 Dec 2011 08:53 PM PST
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Nawaz Sharif Express By Amir Hamza
Posted: 29 Dec 2011 08:50 PM PST
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Koye Yaar Say By Irfan Siddiqui
Posted: 29 Dec 2011 08:47 PM PST
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Part 1: Koye Yaar Say By Irfan Siddiqui
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Peena Srinagar Ka Qehwa AurBy Kishwar Naheed
Posted: 29 Dec 2011 08:45 PM PST
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US To Sell $29.4 Billion Fighter Jets To Saudi Arabia
Posted: 29 Dec 2011 08:43 PM PST
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HONOLULU: The White House said on Thursday a $29.4 billion deal to sell
Boeing-made fighter jets to Saudi Arabia's air force would support more
than 50,000 US jobs and give the American economy a $3.5 billion annual
boost.
White House spokesman Josh Earnest said the government to government deal
included production of 84 new aircraft and upgrades to 70 existing aircraft
as well as munitions, spare parts, training, maintenance and logistics.
"This agreement reinforces the strong and enduring relationship between the
United States and Saudi Arabia, and demonstrates the US commitment to a
strong Saudi defense capability as a key component to regional security,"
Earnest said in a statement from Hawaii, where President Barack Obama is
vacationing. (Reuters)
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