Skip to main content

KP complains federal govt’s reluctance to sanction energy project deal with Russia

ISLAMABAD: Khyber Pakhtunkhwa (KP) Chief Minister Pervez Khattak on Wednesday complained that the PML-N led federal government has been erecting unnecessary hurdles for the oil refinery project between the Khyber Pakhtunkhwa (KP) government and a Russian oil and gas consortium.

Addressing a press conference alongside PTI chairman Imran Khan here, Khattak said the centre has been denying a no-objection certificate to the province for several energy projects.

“We have signed a deal with the Russian group of investors but the centre has been showing reluctance to sanction the pact,” he said.

Russian consortium representing Inter Rao Engineering and Himmash Apparat, has joined hands with Khyber-Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) as they plan to set up a medium-sized refinery in Kohat district.

Throwing light on the energy pact, Khattak said the province would get 10 percent share in the revenue profit without making an investment.

Calling it an unprecedented move, Khattak said the KP government has made an exception after signing this deal, as what he claimed, the province would get its share in profit rather receiving commission.

He said the federal government wanted to promote use of liquefied natural gas (LNG) in the province, adding, the province has previously struck deals with FWO and other Chinese companies.

On the occasion, PTI chairman Imran Khan said the federal government shying away from purchasing cheap electricity from the province, relying on coal and gas power generators instead. “No country in the world relies on coal power generators,” he noted.

Referring to Punjab Chief Minister Shehbaz Sharif’s question, Khan said the province has been generating 74,000MW of power and not relying on the federal government.

He said the smog and pollution in Punjab is outcome of excessive use of coal in these power plants.

The post KP complains federal govt’s reluctance to sanction energy project deal with Russia appeared first on ARYNEWS.

Labels:

Comments

Post a Comment

Popular posts from this blog

K-Electric fined Rs2 mn over weak power supply system

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday imposed a fine of Rs2 million on the K-Electric. According to a statement issued by the power regulatory authority, the K-Electric was penalized over non-compliance of performance standards, particularly its failure to restore power supply within the prescribed time frame and to ensure the safety of public in Karachi. Quoting media reports, it said large swathes of Karachi remained without electricity due to the tripping of almost 700 feeders during rainy weather in June last year, which resulted in long power blackouts ranging from 24 hours to 48 hours in almost 50% areas of Karachi. Further, there were also reports of fatal injuries to some people owing to electrocution. The Nepra took notice of the situation in Karachi and directed the K-Electric to immediately provide a detailed report on the tripping of feeders and electrocution incidents along with preventive and corrective steps taken by K-Elec...
Post a Comment
Read more

10 creepy celebrity wax statues

Waxworks of celebrities, sports persons and politicians such as Tom Cruise, Barack Obama and Christiano Ronaldo are admired by people all over the world. The craft requires taking careful and accurate measurements to create these wax statues, which are then polished and perfected to make for an exact replica. Madame Tussaud’s is one of the most famous museums in the world that displays wax statues, however, not all wax museums in the world craft flawless statues. Compiled from Cosmopolitan India , here is a list of the creepiest celebrity wax statues. Barack Obama PHOTO: COSMOPOLITAN David and Victoria Beckham PHOTO: COSMOPOLITAN Jennifer Aniston PHOTO: COSMOPOLITAN Beyonce’s wax statue sparks outrage Jennifer Lopez PHOTO: COSMOPOLITAN Justin Bieber PHOTO: COSMOPOLITAN Justin Timberlake PHOTO: COSMOPOLITAN Aamir Khan PHOTO: COSMOPOLITAN Katrina Kaif PHOTO: COSMOPOLITAN London’s Tussauds gets to work on Trump wax figure Selena Gomez PHOTO: C...
Post a Comment
Read more

Qatar to hike minimum wage ‘by end of year’

DOHA: Qatar could increase the minimum wage for migrant workers by the end of 2018, unions predicted on Monday, as the 2022 World Cup host seeks to push through labour reforms. It would be the first change to the monthly wage since its introduction by the gas-rich Gulf state last November. “By the end of the year we expect a new minimum wage to be set, that’s good news,” said Sharan Burrow, general secretary of the International Trade Union Confederation. Burrow did not name a figure but said the new wage would be calculated by assessing a “basket of goods”. She was speaking after meeting Qatar’s labour minister, Issa al-Jufali al-Nuaimi, and other government officials in Doha over the past two days. The minimum wage was set at 750 riyals a month ($206, 170 euro) on its introduction. In addition to the salary, labourers receive free accommodation, food and healthcare plans, covered by employers. The 750-riyal figure has been criticised as too low. “We believe it is not good e...
Post a Comment
Read more