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April 17, 2018 12:00 AM Gas production drops to 3,828 mmcfd in Mar

KARACHI: Natural gas production dropped 5.8 percent to 3,828 million metric cubic feet/day (mmcfd) in March as compared to the same month a year earlier, a brokerage said on Monday. “The decline can be attributed to annual turnaround at Uch-II plant and some turbine issues at Qadirpur gas fields,” Faizan Ahmed, an analyst at JS Global Capital said. Production

April 15, 2018 12:00 AM 86pc work on 19km road completed

LALAMUSA: DC M Ali Randhawa Saturday said 86 per cent construction work on Rs 4.45 billion 19km carpet road connecting Jalalpur Jattan with Sialkot from Shahbazpur Bridge had been completed. Addressing a meeting, the DC said the road and the bridge would be opened for general traffic by the end of May. The DC said 90 per cent work of 1,100-metre Shahbazpur

April 14, 2018 1:15 AM Iran eyes CPEC with growing interest after port visit

KARACHI: Iran’s Minister for Roads and Urbanisation Abbas Akhoundi expressed keen interest in exploring avenues available under the China-Pakistan Economic Corridor (CPEC). The minister is leading a high level Iranian delegation which visited Karachi Port Trust (KPT) on Friday. Akhoundi also showed interest in transshipment cargo handling. He said that Iran is keen to work with Pakistan 1

April 14, 2018 12:00 AM Quetta-Kandahar railway service under consideration: Ahsan

BEIJING: Minister for Planning, Development and Reforms Ahsan Iqbal said on Thursday that Pakistan and Afghanistan are planning to start a railway service from Quetta to Kandahar with the cooperation of China, Geo news reported. “A plan to start fast train with a speed from 250km to 350km from Peshawar to Karachi via Lahore is in the near future,” he said in an exclusive 2

April 14, 2018 12:00 AM China helps modernise Pak infrastructure network

BEIJING: China-Pakistan Economic Corridor (CPEC) is intended to modernise Pakistan's infrastructure and support its economy. The project is fast reaching fruition, as it brings economic benefits to the whole country, says a report published in the Global Times on Friday. On the controversial topic of Beijing's strategic intent toward the CPEC, a flagship

April 13, 2018 10:36 AM 7 major decisions announced by the Supreme Court on a Friday

Over the past decade, the Supreme Court of Pakistan has chosen Friday to issue several landmark judgements. Here, lists down 7 major decisions from the last 10 years which were issued by the apex court on a Friday. The SC declared Musharraf's decision to impose an emergency on November 3, 2007 as well as his Provisional Constitutional Order 1

April 13, 2018 12:00 AM Prince Salman meets Spain’s king as warship sale mooted

MADRID: Saudi Arabia’s crown prince held talks with Spain’s King Felipe VI on Thursday during an official visit to the country which coincides with negotiations to sell Spanish warships to the oil-rich kingdom. The king met with Prince Mohammed bin Salman, who serves as defence minister and also controls economic policy for the world’s top oil exporter 3

April 12, 2018 12:00 AM Pakistan, Kuwait ink loan accord

ISLAMABAD: Pakistan and the Kuwait on Wednesday signed a loan agreement of Kuwaiti dinar 4.5 million ($ 15 million) for Golen Gol hydropower project. The State of Kuwait has already been co-financing the project with an amount of $37.00 million. Ghanem Sulaiman Al-Ghenaiman, deputy director general of Kuwait Fund for Arab Economic Development (KFAED)

April 12, 2018 12:00 AM First four Lahore Orange Train stations to be completed this week

LAHORE: First four metro stations from Dera Gujjaran to Mehmood Booti will be completed during the current week while target has been set for completing Pakistan Mint Station and Nicholson Road Station by the end of next week. Adviser to Punjab chief minister and Chairman of steering committee for Lahore Orange Line Metro Train Project (LOMTP) Khawaja 1

April 10, 2018 7:40 AM Saudi considering proposal to set up military base, nuclear waste site on Qatar border

Saudi Arabia could consider a proposal to dig a maritime canal along the kingdom's border with Qatar, turning the peninsula-nation into an island and transforming its only land border into a military zone and nuclear waste site, state-linked Saudi newspapers reported on Monday. The project has not been given official approval and faces many obstacles