Lahore, December 31, 2012 (PPI-OT): Pakistan will have first LNG terminal within two months while mega projects will take another six month to come on line. This was stated by the Managing Director SNGPL Arif Hameed while speaking at the Lahore Chamber of Commerce and Industry on Monday. LCCI President …

Karachi, December 31, 2012 (PPI-OT): Pakistan Petroleum Limited (PPL) has introduced Stress Field Detection (SFD) technology developed by NXT Energy Solutions to better identify potential hydrocarbon traps and reservoirs in a time and cost effective manner. According to Alfalah Securities Limited, it is likely to benefit PPL by fast track …

Karachi, December 31, 2012 (PPI-OT): Millat Tractors and Al-Ghazi Tractors have raised tractor prices by around 5% as input cost has surged and the general sales tax (GST) would be increased to 10% in the New Year from the current low rate of 5%. According to Alfalah Securities Limited, the …

Karachi, December 31, 2012 (PPI-OT): Pakistan has made the eighth instalment worth of USD 109 million of IMF’s Stand-By Arrangement (SBA) on December 28, 2012. According to Alfalah Securities Limited, the repayment would lead to decline in foreign exchange reserves which in turn is likely to put pressure on Pak …

Islamabad, December 31, 2012 (PPI-OT): The American Institute of Pakistan Studies (AIPS) and the Public Affairs Section, US Embassy, arranged a three-day conference at the Lahore University of Management Sciences (LUMS). The conference was based on the question, ‘What is the Pakistani Public?’ The opening ceremony took place in Suleman …

Islamabad, December 31, 2012 (PPI-OT): Dr. Faqir M Bhatti from the LUMS Centre for Advanced Studies in Mathematics (CASM) and Dr. Abubakr Muhammad, Faculty, Department of Electrical Engineering, Syed Babar Ali School of Science and Engineering (SBASSE) have been awarded a research grant of PKR 1.5 Million by the Higher …

Islamabad, December 31, 2012 (PPI-OT): King Abdullah’s Relief Campaign for Pakistani People (KARCPP), will provide funds amounting to US$ 120,000 to Helping Hand for relief and development projects including installation of water pumps for hospitals, mosques and local community living in Punjab and Sindh flood-affected areas. These water projects include …