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1-10 results from 1000 for query «production»

February 17, 2018 12:00 AM ‘US proposal on Lebanon-Israel disputed waters unacceptable’

BEIRUT: Lebanese parliament speaker Nabih Berri said on Friday that US proposals regarding the disputed Lebanon-Israel maritime border were "unacceptable", state news agency NNA said. He made the comment to acting Assistant US Secretary of State David Satterfield, who on Friday met Foreign Minister Gebran Bassil and Prime Minister Saad al-Hariri in addition 1

February 17, 2018 12:00 AM Minister inaugurates furniture fair

ISLAMABAD: State Minister for Industries and Production Arshad Laghari on Friday inaugurated the three-day Pakistan Lifestyle and Furniture Expo organised by Furniture Pakistan. Laghari said the exhibition will provide the younger designers and architects to see the market trends and display their own work alongside that of more established professionals 1

February 15, 2018 12:00 AM Ministry proposes 55 new projects

ISLAMABAD: Ministry of industries and production has proposed 55 new projects for funding under public sector development programme (PSDP) 2018-19 in order to develop and promote the national industrial sector of the country, an official said on Wednesday. “The ministry has proposed an allocation of Rs 8329.637 million for the development of these projects

February 14, 2018 12:00 AM Mari Petroleum, KUFPEC sign MoU

KARACHI: Mari Petroleum Company Limited (MPCL) and Kuwait Foreign Petroleum Exploration Company (KUFPEC) on Tuesday announced a strategic cooperation initiative for evaluating future potential business opportunities in local and international upstream exploration and production. The MoU for strategic cooperation was signed by Ayyad M E A AlKandari, vice president

February 14, 2018 12:00 AM Trade in shares of Matco Foods starts

KARACHI: Matco Foods’ share trade began on Tuesday after the country’s largest Basmati rice exporter raised over Rs750 million through the year’s first initial public offering (IPO). Director Finance Faizan Ghori at Matco Foods, addressing a news conference, said the company raised Rs757 million as the public offer was successfully subscribed. “The capital

February 11, 2018 12:00 AM Ogra supports indigenous gas production to bridge shortfall

KARACHI: Oil and Gas Regulatory Authority (Ogra) is pursuing a plan to encourage local gas production as the gap between supply and demand is expected to reach over six billion cubic feet/day (bcfd) within a decade, suggested an official document. “Consumer addition is increasing the gap between demand and supply (of gas) day by day,” Ogra said in the state 1

February 10, 2018 12:00 AM Iran says it can discuss other issues if nuclear deal successful

PARIS: The West must ensure the Iran 2015 nuclear deal succeeds before trying to negotiate other issues, a senior Iranian official said in a rare public suggestion Tehran could discuss matters such as its regional activities or missile programme with world powers. "Now they ask Iran to enter discussions on other issues. Our answer is clear: Make the deal a successful 1

February 10, 2018 12:00 AM Indonesia’s C/A deficit at 2.2pc

JAKARTA: Indonesia´s current account deficit in the final quarter of 2017 expanded because of higher imports of goods related to production activities in the period, the central bank said on Friday. The current account deficit in the October-December period was $5.8 billion, or 2.2 percent of gross domestic product (GDP), compared with a deficit of 1.7 percent

February 7, 2018 12:00 AM Distributors demand removal of duty on LPG

ISLAMABAD: All Pakistan LPG Distributors Association (LPGDA) Chairman Irfan Khokhar on Tuesday asked for the withdrawal of 5.5 percent advance tax and regulatory duty on import of Liquefied Petroleum Gas to ensure smooth supply at affordable rates across the country. “I fear a LPG crisis in the coming days, if concerns of LPG importers regarding advance 3

February 7, 2018 12:00 AM Byco brings five-time raise in gasoline production

KARACHI: Byco Petroleum Pakistan brought its gasoline output up five times to 1,500 tons/day as the company’s second unit started production. “At the current level of crude processing at the Byco oil refining complexes I and II i.e. 75,000 barrels/day, the cumulative motor gasoline production has increased five times from 300 tons/day to 1,500 tons/day 5