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Articles for tag: agrees, cancel, cargoes, Gas, Islamabad, Latest, LNG, Local, Pakistan, Qatar, reopens, Wells

December 19, 2025

News Desk

Qatar agrees to cancel 24 LNG cargoes as Pakistan reopens local gas wells

In 2026, Pakistan will import 85 LNG cargoes from Qatar instead of 120 previously planned Qatar has agreed to cancel excess Liquefied Natural Gas (LNG) cargoes, prompting the federal government to reopen previously closed local gas wells from January 2026. Local gas from the shut-in fields is expected to start flowing into the system from January. The natural gas fields had earlier been shut down to handle excess LNG cargoes. Government sources said Qatar has now agreed to cancel 24 LNG shipments for 2026, while the federal cabinet had previously approved the diversion of 45 LNG cargoes on December 12,

December 6, 2025

News Desk

Government prepares tougher regulatory framework for used car imports to protect local industry

An employee of a car show walks among new cars on display at a car dealership in Karachi. — AFP/File Tax reforms are critical to stabilize domestic production: Pama. The Union warns of import policies eroding the profits of local industry. Government to ensure mandatory pre-shipment checks for safety. ISLAMABAD: In an effort to protect local industry and manufacturing, the government is working on new legislation and a stricter regulatory framework to control imports of used cars, The News reported on Friday. The plan was discussed on Thursday in a detailed meeting between the Prime Minister’s Special Assistant on Industries

October 20, 2025

News Desk

SBP and IFC sign agreement to boost local currency lending in Pakistan

State Bank of Pakistan (SBP) Governor Jameel Ahmad (right) and International Finance Corporation (IFC) Vice President and Treasurer, Ministry of Finance and Mobilization John Gandolfo sign an agreement. — X/ @StateBank_Pak The SBP-IFC partnership aims to expand financing for the private sector. IFC to manage foreign exchange risks, increase investment in rupees. SBP says the move will help create jobs nationwide. The State Bank of Pakistan (SBP) and the International Finance Corporation (IFC) — a member of the World Bank Group — have signed an agreement to expand local currency financing and support private sector development in Pakistan. The agreement,

September 14, 2025

News Desk

Pakistan invites world encryption exchanges to apply for local licenses

The performances of the virtual coins Ripple, Bitcoin, Etherum and Litecoin appear on a PC motherboard in this illustration image. – Reuters/file PVARA encourages VASPs to expand their activities in Pakistan. The license is open to businesses regulated in the US, the United Kingdom, the EU and the UAE. The Pakistan encryption market is estimated to have over 40 meters of users. Islamabad: Pakistan has called on international encryption exchanges and virtual assets to apply for licenses to operate in its domestic market, The news reported on Sunday. The Pakistani Regulatory Authority, created in accordance with the decree of virtual

September 12, 2025

News Desk

The UN is calling for lifting the labor space for local women’s workplace help workers in Afghanistan

Afghan female students walk near Kabul University in Kabul, Afghanistan, December 21 2022.- Reuters The United Nations called on Thursday for the Taliban administration in Afghanistan to increase the restrictions on its local female staff, warning that the aid to the victims of earthquakes and other vulnerable Afghans is in danger. The Taliban authorities have developed security forces at the entrances of the United Nations Associations and field offices, preventing the entry of Afghan women’s staff, the UN said in a statement. The Taliban spokesman did not respond immediately to a request for comments. Quake Fallout, returning refugees, drought Afghanistan

September 7, 2025

News Desk

EFS Dents from the performance of local industries

Islamabad: Industry experts have expressed concerns about the government’s export facility (EFS), arguing that it undermines the performance of local industries. In previous years, the Pakistan export sector was backed by direct subsidies, such as relief from power and gas, reduced corporate taxes and credit facilities. However, according to the pressure from the International Monetary Fund (IMF), these subsidies have been greatly reduced. Instead, support is now offered through policies such as the EFS, which critics support, are effectively subsidizing exports to the detriment of domestic industry. Despite these concessions, Pakistan’s export profits have remained stagnant for the last three

September 5, 2025

News Desk

Free admission is a loss for local music

Lahore: The music scene in Pakistan is on the rise. Events and concerts appear more often in all cities in the country. However, people in this area are concerned with the right to pay for tickets or find gaps in attending these events without actually contributing to culture. This was a long -term issue for artists and event management groups, especially in Lahore “The main issue is the privilege,” said Abdul Rehman, an EVNTM CMO, a local event management company while speaking at Express Tribune. He said how people in Lahore would prefer to wait until the last minute in

September 4, 2025

News Desk

Your free listing is a loss for local music

The music scene in Pakistan is on the rise. Events and concerts appear more often in all cities in the country. However, people in this area are concerned with the right to pay for tickets or find gaps in attending these events without actually contributing to culture. This was a long -term issue for artists and event management groups, especially in Lahore “The main issue is the privilege,” said Abdul Rehman, EVNTM’s CMO, a local event management company while talking about The Express Tribune. He said how people in Lahore would prefer to wait until the last minute in the

September 2, 2025

News Desk

Over 1,000 dead in Sudan’s landslide, as the local team cited for help

An armed group controlling part of Western Sudan admitted on Tuesday for international aid to recover organs and rescuing residents from torrential rain after at least 1,000 people were killed in a landslide that extinguished a mountain village. Only one person survived the destruction of the Tarseen village in the Jebel Marra mountainous area of ​​Darfur, said the liberation movement/army of Sudan. SLM/A, which has long been controlled and has been governed by an autonomous section of Jebel Marra, has addressed the United Nations Organizations and International Aid Services to help collect victims’ organs, including men, women and children. “Tarseen,

August 31, 2025

News Desk

Youth aims to bring innovation to local industries

Tianjin: Muhammad Mohsin Mujahid Qudoos, a young student from Lahore, has turned practical skills into international recognition, found his true call and presents the power of practical training. Welcoming from a farmer’s home, Mohsin completed a six -month intensive career at Tianjin’s modern -day Luban College Laboratory in his hometown with top prices last year. Following the selection and establishment of Punjab’s Technical Education and Vocational Education Authority, he was able to come to China to pursue his studies at college, specializing in electric automation and awarded the Tianjin government’s scholarship for foreign students. “The most important feature of the

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