Tag: Supply

Supply of commercial, NATO cargo to Afghanistan halts

KARACHI - The transportation of commercial and strategic cargo to Afghanistan under the Pak-Afghan Transit Trade (PATT) has come to a complete halt, Pakistan Today learnt Wednesday.
According to well-placed sources, the suspension came after the National Logistic Cell (NLC) and the Customs authorities stopped clearing the Afghanistan-bound commercial and strategic cargo in view of the ongoing probe into the alleged disappearance of the North Atlantic Treaty Organisation (NATO)

Zardari directs uninterrupted gas supply to textile industry

LAHORE - While taking serious notice of gas supply suspension to the textile industry in Punjab, President Asif Ali Zardari has directed the Sui Northern Gas Pipelines Limited (SNGPL) managing director to ensure five days a week uninterrupted gas supply to the textile industry in the province of Punjab.
According to the APTMA spokesman, the president has further directed the concerned authorities to divert gas supply to the export-oriented textile industry from the power plants

Gas supply imperative to meet export targets: APTMA

LAHORE - Textile export target can only be achieved if gas supplies remain normal in 2011 but unfortunately industry is not getting gas, said All Pakistan Textile Mills Association (APTMA) Chairman Gohar Ejaz.
He was addressing a press conference at APTMA House on Monday. He said 2011 was declared year of Textile, but unfortunately under current circumstances, it is not possible. He said President Asif Ali Zardari had convened a meeting of APTMA and SNGPL on Tuesday to avoid

India’s vegoil imports shrink on bigger domestic supply

NEW DELHI - India will process 12 percent more domestic oilseed crops into cooking oil this year, trimming imports of edible oil by up to five percent in the first such slowing in five years, easing global prices and blunting food-driven inflation.
India, the world's top buyer of vegetable oils, appears to be following China in using cheaper oilseeds and cutting imports of Southeast Asian palm oil and Latin American soyoil to feed its population of more than a billion.

LCCI urges uninterrupted gas supply to industries

LAHORE - Criticising another 5-day gas suspension to industry in Punjab, the Lahore Chamber of Commerce and Industry (LCCI) said the decision would hit exports, productivity and government revenues hard. Prime Minister Yousaf Raza Gilani should intervene and help ensure regular supply of gas to industries.
In a joint statement issued here on Saturday, LCCI President Shahzad Ali Malik, Senior Vice President Sheikh Mohammad Arshad and Vice President Sohail Azhar said that the gas

Uninterrupted gas supply urged

LAHORE - The All Pakistan Textile Mills Association (APTMA) Chairman Gohar Ejaz has urged the government to assure uninterrupted gas supply to the textile industry from March 01, 2011 onwards. He warned that the industry would suffer serious production losses if gas supply remains absent. He was leading a delegation of APTMA members in a meeting with SNGPL Managing Director Rashid Lone on Tuesday.
Gohar Ejaz expressed serious concerns over unprecedented gas supply suspension this

Villagers demand Sui gas supply

DASKA - The residents of Bambanwala village have demanded the supply of Sui gas.
A beautiful village, Bambanwala, situated at a distance of a few kilometers from the Daska city at Haad BRB, is deprived of the Sui gas facility. Women are suffering a lot and are suffering from eye diseases because of burning wood to cook food.
Bambanwala village has a population of 10,000. Sui gas pipeline is available at a distance of some kilometers from Bambanwala but the MNAs And MPAs of

Power crisis looms as PSO halts fuel supply

KARACHI/LAHORE - The cash strapped Pakistan State Oil (PSO) on Thursday refused to supply furnace oil to the power sector due to the non-payment of its dues of Rs 158 billion. PSO has decided to discontinue the fuel supply to power sector to avoid further defaults on part of the sector, sources said.
They said PSO took the decision after oil refineries threatened it with halting fuel supply, and the state-run oil marketing company is now in no position to continue supplies

PIA secures fuel supply in nick of time

KARACHI - Pakistan State Oil (PSO) has agreed to continue to supply fuel to Pakistan International Airlines (PIA) despite default running into over Rs 1.0 billion after receiving assurances that payments will be made on daily basis. It is noteworthy that the deadline given by PSO to PIA for payment of dues expired on Tuesday, a decision which was likely to cause PIA flights to ground to a complete halt across the country.
However, PIA secured a deal with PSO to maintain the

‘Deal signed to supply Iranian fuel to Afghans’

TEHRAN - Iran said on Sunday it had reached an agreement with Afghanistan to supply Iranian fuel to the war-torn country and started supplying the products to its neighbour's private sector. Oil Minister Masoud Mirkazemi said, "Afghanistan's private sector buys all its needed products from Iran," the oil ministry news service Shana reported.
"Oil products were already transited to Afghanistan and we hope from now on this country makes all its (fuel) purchases from Iran as there

Money supply swells by 47.2pc during 1HFY11

KARACHI - Analysts have warned of an imminent 'fiscal bankruptcy' and 'hyperinflation' as the supply of money in the inflation-hit country has almost doubled during the first half of the current fiscal year. According to analytical accounts of the State Bank of Pakistan (SBP), during July-January 1, 2010, currency in circulation in the country has surged by 47.2 percent or over Rs 70.4 billion. The central bank's accounts reveal that money supply in the country aggregated to Rs

PM calls CCI meeting to discuss Punjab gas supply

LAHORE - Prime Minister Yousaf Raza Gilani has convened a meeting of the Council of Common Interest (CCI) on Tuesday to discuss the issue of gas supply to the industrial sector in Punjab.
Gilani made the decision after he discussed the gas supply issue with Punjab Chief Minister Shahbaz Sharif at the Prime Minister's House on Sunday. Sources said both leaders discussed the current political situation, as well as matters pertaining to security and economic challenges faced by the

FROM KARACHI TO KABUL: UNSAFE HIGHWAYS – Sindh, Balochistan home depts...

KARACHI - Declaring the North Atlantic Treaty Organisation (NATO) supply route from Karachi to Kabul for the allied forces in Afghanistan unsafe, the federal government has asked the home departments of Sindh and Balochistan to adopt a foolproof security plan for the itinerary, sources in the Sindh Home Department told Pakistan Today.
They said that the NATO supply route is under attack by unidentified suspects, whereas goods transporters are being uncooperative with the

PSO restores oil supply to defaulting Railways

KARACHI - The Pakistan State Oil (PSO) has announced the restoration of oil supply to Pakistan Railways (PR) which, on Thursday, had only one day's oil reserve to operate the passenger trains service.
Sources said PSO stopped oil supply to PR, which owes the oil marketing company almost Rs 750 million, due to non-payment of the dues. The cash-strapped railways started crying for shortage of fuel after the stoppage of supply from PSO which, after the intervention of senior

Sindh food minister wants centre to discontinue Atta supply from...

KARACHI - Sindh Food Minister Nadir Magsi has urged the Federal government to either discontinue the supply of wheat flour (Atta) from Punjab to Sindh, province or allow the Sindh government to export its wheat abroad. The Sindh government has around 900,000 metric tones wheat in its warehouses, Magsi said at the Sindh Assembly (SA) session on Thursday, arguing that this needed to be sold at the earliest for fear of the food supplies frittering away "Sindh is unable to sell its wheat

YDA appeals to PM to restore medicine supply

Lahore - The supply of injection Heparine, injection Verapanil, tablet
Neomercazole and tablet Thyroxin is short in the market for the last one month and patients with heart diseases including patients of Myocardial Infarction, Cardiac Arrhythmias and patients of goiter are suffering with the Federal and Provincial governments yet to take notice of the matter, Young Doctors Association (YDA) Office Bearers Dr Rana Sohail, Dr Salman Kazmi, Dr Aslam Rao, Dr Usra Sadaqat, Dr Khuda

Farooq Saeed assures five-day gas supply for textile industry

LAHORE - Minister for Textile Industry Rana Muhammad Farooq Saeed Khan has assured five-day gas supply to the textile industry in Punjab.
He was talking to media at the office of All Pakistan Textile Mills association (APTMA) following a meeting with APTMA office-bearers. The minister said that the textile sector of Pakistan is competent and has the potential to touch the export target of $25 billion. He stated that the cotton production could have been reasonably good but recent