Pak's changes in structure of gas pipeline project disappoint Russians
The Business Guardian|March 08, 2024
The Pakistan Stream Gas Pipeline project has been marred by a series of changes and a lack of progress, much to the disappointment of Moscow. Amid U.S. sanctions on Russian entities, Pakistani officials have been struggling to maintain a consistent structure for the project and make headway on the commercial deal, as reported by The Express Tribune.
Pak's changes in structure of gas pipeline project disappoint Russians

This endeavor was launched with the aim of constructing a liquefied natural gas (LPG) pipeline stretching from Karachi to Lahore, with the primary goal of addressing gas shortages in the Punjab province.

In their pursuit of a longterm oil deal, Pakistani officials embarked on a visit to Russia on October 10, 2023. The Pakistan Stream Gas Pipeline project was also on the agenda for discussion. However, it appears that their efforts faced a significant setback as the Russians grew increasingly frustrated with the continually changing nature of the pipeline project. In fact, it got to a point where they refused to engage in discussions about it, as reported by The Express Tribune.

At the project’s inception, Russia had nominated RT Global to oversee its completion, while Pakistan had designated the state-owned Inter State Gas Systems (ISGS) for the task. Unfortunately, when the U.S. imposed sanctions on RT Global following Russia’s nomination, the company withdrew from the project, resulting in a standstill for the North-South Gas Pipeline project, as per The Express Tribune.

Diese Geschichte stammt aus der March 08, 2024-Ausgabe von The Business Guardian.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der March 08, 2024-Ausgabe von The Business Guardian.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS THE BUSINESS GUARDIANAlle anzeigen
SBI Research: Global economic recovery to propel India’s FY24 GDP growth to 8%
The Business Guardian

SBI Research: Global economic recovery to propel India’s FY24 GDP growth to 8%

The State Bank of India's Economic Research Department has published a comprehensive report forecasting robust economic growth for India, fueled by a global economic recovery. The report suggests India's GDP could reach 8% in FY24, buoyed by positive economic indicators and favorable monsoon forecasts.

time-read
1 min  |
May 29, 2024
Workshop for 220+ Sanchar Mitras from 20+ States and UTs
The Business Guardian

Workshop for 220+ Sanchar Mitras from 20+ States and UTs

The Department of Telecommunications in collaboration with National Telecommunications Institute, Ghaziabad (NTIPRIT) on Tuesday conducted an awareness workshop for Sanchar Mitras, with the programme seeking to establish a bridge between the DoT and citizens, fostering a collaborative approach towards telecom issues.

time-read
1 min  |
May 29, 2024
Rahul Gandhi mocks PM Modis Sent by God’ remark
The Business Guardian

Rahul Gandhi mocks PM Modis Sent by God’ remark

Congress leader Rahul Gandhi ridiculed Prime Minister Narendra Modi on Tuesday for his \"sent by God\" statement, suggesting that PM Modi was appointed by his \"parmatma (God)\" to assist industrialists like Gautam Adani and Mukesh Ambani rather than the poor. This follows PM Modi's recent interview where he claimed he had been \"sent by parmatma\" (God).

time-read
2 Minuten  |
May 29, 2024
SINDH MINISTER URGES PROBE INTO ELECTRICITY SUPPLY COMPANIES' ACCOUNTS
The Business Guardian

SINDH MINISTER URGES PROBE INTO ELECTRICITY SUPPLY COMPANIES' ACCOUNTS

Sharjeel Inam Memon, the senior minister for information, transportation, excise, taxes, and drug control in Sindh, called on Monday for an audit of energy supply companies' finances to ascertain their profits. In a media interview, the minister accused SEPCO, HESCO, and K-Electric of constitutional violations.

time-read
1 min  |
May 29, 2024
ICJ Directed Israel To immediately Halt Military Operations In Rafah; Affirms Directions To Protect Palestinians
The Business Guardian

ICJ Directed Israel To immediately Halt Military Operations In Rafah; Affirms Directions To Protect Palestinians

The International Court of Justice, ICJ in the case has directed Israel to immediately stop its military offensive operations in Rafah in Palestine.

time-read
1 min  |
May 29, 2024
The Business Guardian

GUJARAT HIGH COURT DISMISSED BLACK STONE CORPORATION'S PETITION, DIRECTS TO APPEAL UNDER SECTION 107 OF GST ACT: ADEQUATE HEARING OPPORTUNITY GIVEN

The Gujarat High Court in the case Black Stone Corporation Private Limited Vs State Of Gujarat And Ors dismissed the writ petition filed by Black Stone Corporation Private Limited, wherein the court observed that petitioner was afforded an adequate hearing opportunity in the matter.

time-read
1 min  |
May 29, 2024
The Business Guardian

Calcutta High Court Temporarily Restrained WB Police From Probing Allegations Of Firearms And Cash Found At BJP Leader Suvendu Adhikari’s Secy’s Premises

The Calcutta High Court in the case Suvendu Adhikari vs State Of West Bengal And Ors observed and has restrained the West Bengal police from investigating complaints of firearms and large sums of cash allegedly found at the residence-cumoffice of BJP leader of opposition Suvendu Adhikari, which was in the name of his personal secretary.

time-read
2 Minuten  |
May 29, 2024
DELHI COURT CONVICTS MEDHA PATKAR IN DEFAMATION CASE FILED BY LG VK SAXENA
The Business Guardian

DELHI COURT CONVICTS MEDHA PATKAR IN DEFAMATION CASE FILED BY LG VK SAXENA

The Delhi Court in the case observed and has convicted Narmada Bachao Andolan leader and activist Medha Patkar in the criminal defamation case which is lodged against her by Vinai Kumar Saxena in the year 2001.

time-read
2 Minuten  |
May 29, 2024
First Indian diaspora document digitization in Oman concludes
The Business Guardian

First Indian diaspora document digitization in Oman concludes

In collaboration of India National Archives of India (NAI), the Indian embassy in Muscat has accomplished a ground breaking initiative: the successful archiving of historical documents belonging to the Indian diaspora in Oman.

time-read
3 Minuten  |
May 29, 2024
India and France to start talks this week on Rs 50,000 Cr deal for 26 Rafale Marine jets
The Business Guardian

India and France to start talks this week on Rs 50,000 Cr deal for 26 Rafale Marine jets

Negotiations for the over Rs 50,000 crore deal involving 26 Rafale Marine fighter jets between the governments of India and France are set to commence on May 30.

time-read
1 min  |
May 29, 2024