According to an industry source, Petrochina submitted the lowest bids in response to a Pakistan LNG Limited (PLL) procurement seeking two spot cargoes of liquefied natural gas (LNG) for delivery in June.
Petrochina offered prices of $23.96/mmbtu for a delivery on June 1-2 and $22.49/mmbtu for a delivery on June 28-29.
PLL had advertised the two cargoes in a tender late last month.
Descon Oxychem Ltd, a leading producer of hydrogen peroxide in the region, has secured the coveted HACCP (Hazard Analysis and Critical Control Point) certification. The HACCP certification is not merely a recognition, but a testament to the rigorous standards the company upholds in the hydrogen peroxide industry. This internationally recognized mark is a crucial prerequisite…
Sateri, a leading global producer of man-made cellulosic fibre (MMCF), is set to enhance its presence in Pakistan’s burgeoning Lyocell market. Sateri’s focus on Lyocell aligns with the increasing demand for sustainable textiles. The global Lyocell capacity is projected to grow to 3,200,000 tons by 2030, up from the current 900,000 tons. “We are witnessing…
Technical and vocational skill trainings are essential globally and nationally, because they equip individuals with the specialized knowledge and abilities needed to thrive in the advancing world. As industries across the globe adopt advanced skills, a workforce proficient in technical and vocational skills becomes crucial for driving innovation, enhancing productivity, and maintaining competitiveness. These trainings…
BankIslami Pakistan Limited (‘the Bank’ or ‘BankIslami’) announced its financial results for the quarter ended March 31, 2023, with an impressive increase of 262% in profit before tax, reaching Rs. 3.16 billion as compared to Rs. 0.87 billion for the corresponding period of the previous year. The profit after tax closed at Rs. 1.79 billion,…
easypaisa and foodpanda have joined hands to introduce seamless payment options for customers. Users will now be able to pay for their orders directly through their easypaisa wallet. This partnership empowers millions of easypaisa customers to conveniently order meals from the foodpanda app and make payments directly from their easypaisa mobile accounts. The integration of…
Dubai, UAE – In an unprecedented move that signals a transformation in the financial landscape, Rabah Al-Nasseri, co-founder of The Cryptoverse, is delving into the prospects of digital finance growth and exploration in Abu Dhabi for 2023. With an eye on the burgeoning market, Al-Nasseri is seeking to establish The Cryptoverse as a pioneering force…