Pakistan, India report progress on key pipeline

NEW DELHI: India and Pakistan said Wednesday they were closer to an agreement on a pipeline to import gas from Turkmenistan that would signal a further warming of economic ties between the traditional rivals. Turkmenistan has the world’s fourth-largest gas reserves and energy-hungry India and Pakistan are both eager to tap this source through the pipeline that would run through the Central Asian nation’s eastern neighbour, Afghanistan. “There has been considerable progress in our talks,” said Indian oil minister S. Jaipal Reddy after a meeting in New Delhi with his Pakistani counterpart, Asim Hussain, on energy cooperation. The 1,700-kilometre (1,050-mile) TAPI pipeline, aims to transport over 30 billion cubic metres of gas...

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Report sought from Ogra

LAHORE: The Lahore High Court on Tuesday sought a report from Ogra about the action taken against manufacturers of substandard CNG cylinders. Earlier, the court had sought reports from federal and Punjab governments on the matter. A deputy attorney general told the court on Tuesday Ogra was taking action in this regard. At this, Justice Umar Ata Bandial directed Ogra to file its report by Feb 28. Advocate Rana Mehtab filed the petition pleading that some companies were playing with the lives of people by manufacturing substandard CNG cylinders which were being installed in vehicles particularly in public transport. He pointed out that 45 people had lost their lives in accidents caused by CNG cylinder blasts during the...

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Posted in: BUSINESS