Tag Archives: avoid

Stocks to Buy as Consumers Cook More Food From Scratch | Instant News


In the spring, consumers hoarded food as lock-up orders began popping up across the country, and ketchup became a target like toilet paper. But now people who have been eating at home for months are cooking more from scratch, potentially shifting sales to packaged food groups.

That’s according to Alexia Howard of Bernstein, who recently looked at the group, and saw more of a benefit to fresh ingredients over processed foods.

He…

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The PM aims to avoid unnecessary delays in issuing NOCs to Pakistani investors | Instant News


Published in 12 November, 2020 20:07

The PM aims to avoid unnecessary delays in issuing NOCs to investors

ISLAMABAD (Dunya News) – Prime Minister Imran Khan has directed to avoid unnecessary delays in obtaining a No Objection Certificate from the government and other processes for investors to get approval.

According to the details, while chairing the weekly meeting of the National Coordinating Committee for Housing, Construction and Development in Islamabad on Thursday, he stressed that the boom in the construction sector will accelerate economic activity.

He said the government is focusing on facilitating investors in all sectors.

During the meeting it was discovered that a mechanism for providing initial gas and electricity facilities for construction projects had been developed.

The Surveyor General of Pakistan informed the meeting that the mapping process is continuing in Islamabad, Lahore, Karachi, Quetta, Nowshehra and other districts.

This will help prove original ownership of the land and end illegal occupation and encroachment.

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Immediate steps are needed to avoid a gas crisis during the height of winter | Instant News


KARACHI: Pakistan will face a gas shortage of around 300mmcfd in the height of winter if relevant officials at the Ministry of Petroleum do not conclude a commercial framework and operational agreement with the private sector for additional LNG imports.

And last but not least is the Sindh government’s permit for road rights which allows the South Sui Gas Company (SSGC) to lay a new 17 km long pipeline from Qasim Karachi Port to transport additional LNG.

It takes 60 days for SSGC to lay the pipeline and must be operational by 15 December to handle peak winter loads. SSGC officials conveyed that the material procurement has been completed and they will start work as soon as the NOC is received.

Nadeem Babar, Special Assistant to the Prime Minister for Petroleum, told The News that a 17 km pipeline was the biggest hurdle to dealing with gas shortages and that the Sindh government’s road rights permit was awaited. Babar added that arrangements would be made for additional LNG through the public or private sectors provided the pipeline already exists.

Relevant officials at the Sindh Revenue Council told The News that DC Malir’s office Price Fixation Committee has forwarded its report and the case will most likely be submitted to the Sindh Cabinet for approval. The officials added that the entire process will likely be completed in one to two weeks. Officials also said that the chief minister of Sindh had directed processing the case to the highest priority.

Anticipating a gas shortage, the federal cabinet ratified the ECC decision on 11 August 2020 to allow the private sector to use unused capacity at the two LNG terminals and also allow the terminal to use excess capacity at the terminal. This is a good decision by the Cabinet even though it is at least a year late as the ECC has issued a similar agreement in 2019 as well.

In accordance with the 11 August 2020 decision, the Federal Cabinet directed to form a Planning Commission committee to finalize a commercial framework within 15 days with all stakeholders to use up unused or excess capacity at the LNG terminal. The Planning Commission is reported to have finalized its recommendations and the ECC is likely to review them in an upcoming meeting.

In parallel, a new 17 km pipeline will be constructed from Port Qasim to the SSGC Network to handle the additional LNG to be imported in connection with the cabinet’s decision to use the excess capacity of the LNG terminal.

Pakistan’s two LNG terminals can import up to 1200mmcfd and there are arrangements to use the full capacity of both terminals with the help of contracted LNG shipments and new shipments via the private sector. The challenge is a shortage of 300mmcfd beyond the full capacity of the LNG terminal which should meet peak winter demand from Dec 2020 to Feb 2021.

This shortfall can only be met if the excess capacity of the two LNG terminals is used and there is a new pipeline from Port Qasim to SSGC available to use this capacity. The new 17 km long pipe can handle up to 600mmcfd and can easily handle the needs of the Karachi industry and other users. Intelligent management of South Pakistan Gas transmission network North can enable haulage of more than 1200mmcfd specified.

It is a daily battle in the relevant ministries to overcome this huge challenge to avoid gas shortages. SAPM Nadeem Babar has held a meeting on Wednesday with terminal operators and gas utility companies to resolve the issue. The commercial framework for using excess terminal capacity based on the recommendation of the Planning Commission committee, its ratification by the ECC and the operational agreement between the two terminals and the gas company are issues that need to be resolved as early as possible.

Industrial units in Punjab have been using LNG for the past few years and additional LNG via a new pipeline at Port Qasim will allow other industrial and utility units to use LNG in Sindh during the peak winter season from Dec 2020 to Feb 2021.

The long-term solution to address the gas shortage is the construction of two LNG terminals and a new North South gas transmission pipeline. Mitsubishi Corp wrote to the Prime Minister on 24 September 2020 about its readiness and plans to complete the LNG terminal and other operators, Energas is also in the process of closing plans for innovative development and launch.

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SHC looks for viable proposals to help Karachi avoid monsoon woes | Instant News


The Sindh High Court (SHC) on Wednesday directed aid commissioners and local government secretaries to submit their comments mentioning viable proposals to combat the situation Karachi faces each rainy season.

The order comes over a petition calling for a judicial investigation into the losses suffered by townspeople during the recent monsoon rains. The applicant also asked for compensation for the people affected.

The bench in the SHC division headed by Judge Mohammad Ali Mazhar asked the aid commissioner about the progress of the post-monsoon construction work in relation to sewer systems, rainwater drains and dilapidated roads.

The court observed that the city’s sewerage system had been destroyed and several roads and roads were inundated with wastewater. The judge asked the legal officer what efforts were being made to ensure that such a situation would not arise again.

The additional aid commissioner said that several construction projects related to water & sewerage and road carpets would begin and would be completed in three to five years. He said that a road map was being drawn up to deal with such situations in the future.

The SHC directed the auxiliary commissioner to show the court some working papers on a road map for controlling such situations. The bench also directed the LG secretary to appear in court with some viable proposals for dealing with such situations in the future.

The court repeated its notification to underserved respondents, including landowning agents from the provincial and federal governments, and told them to file their comments on October 28.

Disaster zone

Nadeem A Sheikh has stated in his petition that the catastrophic rains that occur paralyze Karachi and floods, costing Pakistan around Rs449 million every day. He said the city turned into a disaster zone after two days of rain.

Sheikh said that of the 41 people who died during the rains, at least nine were electrocuted due to chaotic power lines during one of the heaviest rains Karachi has seen in decades, making life miserable in the large city of more than 20 million people.

He said the Sindh government had declared a monsoon flood emergency in the province and declared several areas hit by the disaster. The monsoon rains do not mean devastation, but the city’s unplanned growth has left it in ruins, and large-scale encroachment is the main reason for the rain flood, he added.

The Petitioner said natural storm drains and rivers had been encroached on, which then disturbed settlements and caused flooding during the rains. He regretted that during heavy rain, various emergency telephone numbers such as fire emergency 16, the commissioner’s helpline 1299 and the civil defense telephone number could not be reached.

He denounced that no other number was available in the event of an emergency, while K-Electric’s complaint number redirected to a record that continued to say that KE’s skilled staff were trying to rehabilitate the area as soon as possible.

Sheikh said the road to the National Institute of Cardiovascular Diseases, Jinnah Graduate Medical Center and the Kidney Center was more than four feet submerged in water, and under such conditions it was impossible to get the patient to any hospital.

He said the lack of a bulk drainage mechanism along the main road was the clear cause of the problem, adding that it is ironic that major corridors such as II Chundrigar Road, Sharea Faisal, Shaheed-e-Millat Road, Karsaz Road, Maulvi Tamizuddin Khan Road and Shahrah-e -Pakistan as well as many other arteries have all turned into pools.

The applicant said that the SHC needs to order the relevant authorities and departments, including all respondents, to initiate a rigorous investigation into the matter and submit their reports in court, after which further orders can be issued in relation to the question.

He said the Sindh government was responsible for compensating people affected by the recent rains according to their individual losses. He asked the court to order provincial and local governments to compensate the affected people.

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Karachi needs an autonomous LB system to avoid becoming a ghetto | Instant News


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