PRO 29-12-2012_Layout 1 12/29/2012 12:36 AM Page 1
OGDCL vies to excavate hope from Nashpa Plans development schemes for communities at the oilfield ISLAMABAD
T
APP
HE public sector companyOil and Gas Development Company Limited (OGDCL) has planed to execute soon a number of projects for development of local communities living around Nashpa Oil Filed at district Karak. These schemes included, Water supply schemes which would carried out at a cost of Rs 208.07 million, construction of road at cost of Rs 44.937 million and establishment of permanent set up of dispensary in the area, says the company’s spokesperson. He said the company has already completed several Social Welfare Programs of Water Supply Schemes, Health Care and construction of roads in Nashpa Oil Field in District Karak with the cost of Rs 42.75 million. He said the OGDCL playing a proactive role in supporting communities and inhabitant in the vicinity of Nashpha Field. Several water supply projects have been undertaken in the villages including Manzlai, Alwargi, Sanda Khura, with the cost of Rs 27.00 million for provision of clean drinking water through water boozers and installation of 25 pressure pumps. He said the OGDCL has been facilitating the local community residing in the
surrounding of Nashpa Field area through establishment of free medical dispensary including provision of ambulance for shifting of critical patients to DHQ Hospitals Karak and Kohat. He said the OGDCL conducts free eye camps to facilitate the patients providing free of cost check up, provision of eye sight glasses and feco operations to a huge number of patients of this area every year. He said all these services are provided free of cost, even the company entertain the patients during camp. OGDCL has spent Rs 3.861 million in health sector for the local communities. He said construction of Nashpa Banda Road with an amount of Rs 11.948 million is underway, the road will connect villages to the market and will boost economic growth and poverty reduction in the Nashpa Field area. Other small projects i.e. leveling of Katcha road was also executed. To convert the young generation into a positive, competent and trained manpower, OGDCL established a Technical Training Centre at District Karak in 2006, he added. He said every year 100 students are enrolled for training in various disciplines of Petroleum Industry and so far an amount of Rs 27.860 million was spent for training including stipends to the students. Company is also providing free pick and drop facility to the local students.
MPBC’s trade promotional role applauded
ISLAMABAD APP
Pakistan’s High Commissioner to Malaysia Masood Khalid has lauded the role played by the Malaysia-Pakistan Business Council (MPBC) in enhancing bilateral trade relations. He said the Council formed in March last year, has been serving as an ideal platform for tapping business opportunities in both countries, said a press release received here today from Kuala Lumpur, Malaysia. Masood Khalid in an interview with
Malaysia’s news agency Bernama said the MPBC had already made a very good start by organizing various activities, including three well-attended cross country business forums, sending business delegations to Pakistan to attend trade exhibitions and conducting business matchmaking sessions for entrepreneurs from both sides. He said that with the establishment of the council, Malaysian businessmen now had a platform to make further inroads into Pakistan. “We can now talk about economic and social issues and other matters that were not
previously discussed by businessmen in both countries,” he added. Masood Khalid said the council is a vital platform to spearhead more business interactions as well as social and cultural exchanges. He also lauded the services rendered by MPBC Chairman Datuk Mohamad Salim Fateh Din and announced that in recognition of Datuk’s contribution and role in enhancing economic cooperation between the two countries, the Pakistani government was awarding him a medal of distinction, which will be formally presented to him on Pakistan Day, March 23 next year.
About his reflections on his life in Malaysia, Mr. Masood said he had been overwhelmed by Malaysian hospitality and touched by its people’s warmth and friendliness and was leaving Malaysia with a tinge of nostalgia. He noted that there were many similarities between the two cultures because of their religious values, history and widespread use of English. When asked about his new posting, Masood said he was looking forward to it and described the posting to China as an “important assignment for any Pakistani diplomat.
GOVT LAUDED FOR PROMOTING GREEN ENERGY ISLAMABAD ONLINE
The Pakistan Economy Watch (PEW), Friday, lauded Government, Asian Development Bank (ADB) and Fauji Fertilizer Company Energy Limited (FFCEL) for promoting green energy in Pakistan. All the stakeholders have played a very positive role in introduction of green energy in the country facing acute power shortages which has sent very positive signals, said Dr. Murtaza Mughal, President PEW. President Zardari’s resolve to fully exploit Gharo-Keti Bundar wind corridor to produce 50,000MW electricity is very positive at a time when shortage of electricity has become a major challenge for the economy, he said. Completion of Pakistan’s first ADB
funded 50MW windmill project in Jhumpir is a great step in the right direction which will send positive signals across and prompt other investors, he added. Dr. Murtaza Mughal said that the government’s encouraging gestures towards the implementing company will go a long way in luring local and foreign investors which will benefit Pakistan. Around 106 Megawatt electricity would be included in the
national grid through NTDC when the wind energy projects of FFCEL and Zorlu Energy would become operational which is a small additional having a great symbolic value, he opined. He said that Pakistani and foreign companies can develop more wind energy projects if they are encouraged by government and the Alternative Energy Developme nt Board. D r .
Murtaza Mughal said that Gharo-Keti Bundar wind corridor can become hub of wind power sector attracting billions of dollars of investment to produce power from free and clean energy source. The funding by ADB will not only improve energy situation, balance energy mix and reduce oil import bill but it will also attract heavy investments to reduce poverty by creating thousands of jobs. He demanded of the government to pay special attention to the sustainable energy resources through favorable policy and regulatory environment which will push the growth of renewable green energy in Pakistan. Grid access is not available to majority of people in Pakistan due to proximity who can be benefited from renewable green energy sources.
Sufficient quantity of fertilizer available for Rabi 2012-13
ISLAMABAD APP
There is sufficient quantity of Urea and DAP fertilizer available to meet the requirements of Rabi season 2012-13. According to the data of National Fertilizer Development Company (NFDC), about 3.016 million tons of urea would be available for the growers at affordable rates during the season. Out of the total stocks of urea available in the country 1.920 million tons are domestic production whereas 0.412 million tons fertilizer are imported with remaining 0.684 million tons of carry forward stock from the last season, it added. The total offtake of the Urea fertilizer was estimated at 2.984 million tons as against the estimated production of 3.016 million tons during the current Rabbi season. It is expected that surplus stocks of about 0.32 million ton urea will be available during the Rabbi crop season which would also help to counter any practice of black marketing and hoarding, it added. Meanwhile, DAP stocks for the sowing period under review was recorded at 0.895 million tons as against total consumption of 0.729 million tons to produce healthy crop and increase per acre crop out-put in the country, it said. The total DAP stock at present is 0.985 million tons, including 0.342 million tons domestically produced, 0.416 million tons imported and 0.227 million tons opening inventory. It is also expected that about 0.256 million tons carry forward stock would be available for the next crop which would also help to discourage hoarders and black marketers in the open market.
Saturday, 29 December, 2012