Virus lockdown: Pakistan halts petroleum import amid declining energy need 

Pakistan has canceled import of gasoline, diesel and crude oil from next month to support domestic refining industry amid coronavirus outbreak. (File/Reuters)
Short Url
Updated 28 March 2020
Follow

Virus lockdown: Pakistan halts petroleum import amid declining energy need 

  • Pakistan imports 70 percent of its crude oil from Saudi Arabia while the remaining comes from UAE, official says 
  • Demand of energy products sharply declined amid strict countrywide lockdown to contain virus spread

KARACHI: In an unprecedented move, Pakistan has canceled import of gasoline, diesel and crude oil from next month to support domestic refining industry as energy demand sharply declines amid countrywide lockdown, announced the Ministry of Energy (MoE) on Thursday. 

The decision to halt import of petroleum products follows country’s economic meltdown resulting from coronavirus pandemic. 
In a letter to the Oil Companies Advisory Council (OCAC), the ministry said that the consumption of motor gasoline had dropped significantly due to lockdown by provincial governments to control the spread of COVID-19.

“As the OMC (Oil Marketing Companies) have sufficient inventory of the product therefore all OMCs are requested to cancel their planned imports (April 2020 onwards) and increase their off-take from refineries so that operations of refineries are maintained at an adequate level,” the letter by the energy ministry states.

The ministry further said that domestic refining industry had sufficient stockpile of petroleum products to meet Pakistan’s fuel demand, and continued an uninterrupted supply to meet the nation’s energy needs in the wake of recent crisis resulting from COVID-19 outbreak.

Pakistan imports 70 percent of its crude oil from Saudi Arabia while the remaining comes from UAE, said Dr. Nazar Abbas Zaidi, former secretary of the OCAC. “The finished products are also imported from Middle Eastern countries mainly Kuwait and UAE,” he told Arab News. 

To ensure smooth supply of petroleum products amidst current lockdown, the energy ministry has issued special directives to facilitate free movement of employees, vendors and contractors of national refineries so as to ensure uninterrupted supply to petrol pumps across the country. 

Analysts say the country meets 85 percent of its energy requirements through imports. “We don’t have enough capacity to store cheaper oil to build future reserves,” said Samiullah Tariq, an economic expert, adding that never before has Pakistan taken such a step in history. 

However, petroleum sector experts suggest that the depleted reservoirs located in Sindh and Baluchistan provinces could be utilized to store crude oil.

“Building oil reserves is also important for the energy security of the country”, Masood Abdali, a Texas based energy expert and former business development manager of Weatherford, Saudi Arabia and Bahrain, said. “This would also create employment opportunities in local oil and gas exploration sector”, he added.

Last fiscal year Pakistan imported energy products worth $14.4 billion while the south Asian nation has spent $8.23 billion on imports petroleum products during JULY- FEBRUARY, 2019–2020 period of current fiscal year, according to the Federal Bureau Statistics.

The global oil market remains under pressure due to subdued demand. Brent crude on Thursday declined by more than 4 percent to $28.74 per barrel while WTI was down 7.27 percent to $28.77 per barrel.


Pakistan’s cricket body names 18-player squad for T20I series against England, Ireland

Updated 58 min 49 sec ago
Follow

Pakistan’s cricket body names 18-player squad for T20I series against England, Ireland

  • A 15-player squad for the ICC Men’s T20 World Cup will be announced before the May 24 deadline
  • Fast bowler Haris Rauf along with all-rounders Hasan Ali and Salman Ali Agha have been recalled

ISLAMABAD: The Pakistan Cricket Board (PCB) on Thursday announced the 18-player squad for the upcoming T20I series against Ireland and England & Wales beginning on May 10 and continuing till the end of the month.
According to a PCB statement, the squad will be reduced to 15 players for next month’s ICC Men’s T20 World Cup 2024 after the first T20I at Leeds on 22 May to meet the ICC’s 24 May deadline.
The men’s national selection committee has recalled fast bowler Haris Rauf, along with all-rounders Hasan Ali and Salman Ali Agha, in the 18-player squad.
The two cricketers who did not make the cut from the original 17-player squad that faced New Zealand are wrist spinner Usama Mir and fast bowler Zaman Khan.
“Crafting this squad was a challenging task due to the outstanding talent available,” the PCB selection committee was quoted in the statement. “After thorough deliberation and considering various cricketing aspects, we have finalized 18 players.”
“The squad encompasses a robust top-order featuring Babar Azam, Fakhar Zaman, Mohammad Rizwan, Saim Ayub and Usman Khan; an effective middle-order with Azam Khan, Iftikhar Ahmed and Muhammad Irfan Khan; versatile all-rounders in Imad Wasim, Shadab Khan and Salman Ali Agha; a pace battery led by Mohammad Abbas Afridi, Mohammad Amir, Naseem Shah, Haris Rauf, Hasan Ali and Shaheen Shah Afridi; and the spin prowess of Abrar Ahmed,” it continued.
“We understand Usama and Zaman will be disappointed and they should be as they must be looking ahead to the tours of Ireland and England,” the statement added. “They are quality cricketers and have long careers ahead of them. They need to continue to focus on their cricket so that they are available, if required.”
Haris Rauf and wicketkeeper-batter Azam Khan were sidelined for the New Zealand T20Is due to injuries, while middle-order batter Muhammad Irfan Khan and wicketkeeper-batter Mohammad Rizwan were rested from the two T20Is in Lahore due to niggles.
The four cricketers underwent fitness assessments at the National Cricket Academy on Tuesday afternoon, showing significant improvement.
The team is scheduled to depart for Dublin on May 7 following a three-day training camp in Lahore.


Pakistan PM mourns death of UAE royal, lauds role in strengthening bilateral ties

Updated 02 May 2024
Follow

Pakistan PM mourns death of UAE royal, lauds role in strengthening bilateral ties

  • Sheikh Tahnoun bin Mohammed worked closely with the UAE founding father, helped implement the federal project
  • The UAE president has announced a seven-day mourning period after the death of Sheikh Tahnoun on May 1

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday expressed grief over the death of the United Arab Emirates royal, Sheikh Tahnoun bin Mohammed Al Nahyan, while admiring his contributions to building stronger relations between the two countries.
Sheikh Tahnoun was Abu Dhabi’s representative in the Al Ain region of the Gulf state.
His demise at the age of 82 prompted UAE President Sheikh Mohamed bin Zayed Al Nahyan to announced a seven-day mourning period in which the country’s flag would be flown at half-mast.
“Deeply saddened at the demise of His Highness Sheikh Tahnoun bin Mohamed Al Nahyan,” the Pakistan prime minister said in a social media post. “Our thoughts and prayers are with the leadership and people of the UAE at this hour of grief.”
“He will be long remembered for his contribution to building stronger ties between Pakistan and the U.A.E.,” the post added. “May Allah Almighty grant him eternal peace.”

Sheikh Tahnoun worked closely with the UAE founding father, Sheikh Zayed bin Sultan Al Nahyan, and was part of the team that implemented the federal project that led to the declaration of the Union in 1971.
He also served his country in several key capacities in subsequent years and worked to provide better governance to its people.

 


Pakistani think tank reports significant surge in militant attacks with 70 killed in April

Updated 02 May 2024
Follow

Pakistani think tank reports significant surge in militant attacks with 70 killed in April

  • Pakistan Institute for Conflict and Security Studies says Khyber Pakhtunkhwa suffered maximum militant violence
  • Pakistan has endured 323 militant attacks during the first four months of the year, resulting in 324 fatalities

ISLAMABAD: A Pakistani think tank circulated a report on a significant increase in the number of militant attacks in the country on Wednesday, saying 70 people lost their lives in at least 77 verifiable episodes of extremist violence in the month of April.
Pakistan has witnessed a prolonged surge in militant attacks since the breakdown of a fragile ceasefire between the government and a proscribed armed network, Tehreek-e-Taliban Pakistan (TTP), in November 2022.
Apart from TTP fighters, other extremist and separatist groups have also targeted Pakistani security forces and civilians in recent months.
According to Pakistan Institute for Conflict and Security Studies (PICSS), there was a brief lull in March before militant groups resumed their activities last month, with the northwester Khyber Pakhtunkhwa province, particularly its southern districts, bearing the brunt.
“According to PICSS statistics, the country experienced at least 77 verifiable militant attacks during April, resulting in 70 fatalities, including 35 civilians and 31 security forces personnel, with four militants killed, and 67 individuals injured, among whom were 32 civilians and 35 security forces personnel,” the security report said.
“In comparison, March 2024 saw 56 militant attacks, resulting in 77 fatalities and 67 injuries,” it continued. “This indicates a 38 percent increase in the number of militant attacks, although there was a 9 percent decline in deaths, with no change in the number of injuries.”
The Islamabad-based think tank informed Balochistan witnessed 16 attacks, resulting in 21 fatalities, including 17 civilians and four security forces personnel, with 31 individuals injured.
Punjab also experienced a surge in militant activities, with four attacks reported in April compared to one in March, resulting in three fatalities.
“In the first four months of the year, Pakistan experienced a total of 323 militant attacks, resulting in 324 fatalities and 387 injuries,” the report added.


Pakistan urges Security Council to reconsider Palestine’s UN membership bid after US veto

Updated 02 May 2024
Follow

Pakistan urges Security Council to reconsider Palestine’s UN membership bid after US veto

  • The US blocked a strongly supported Algerian resolution calling for Palestine’s full UN membership on April 18
  • Ambassador Munir Akram says Palestine’s membership will rectify ‘historic injustice,’ benefit the two-state solution

ISLAMABAD: Pakistan’s Permanent Representative to the United Nations Ambassador Munir Akram said on Wednesday the Security Council should reconsider Palestine’s application for full membership to the world body after it was rejected last month following the American decision to cast a veto.
Palestine holds the status of a Permanent Observer State at the United Nations since November 29, 2012, allowing it to participate in General Assembly debates and co-sponsor resolutions, though it lacks voting rights.
Prior to that, it was considered merely an “entity” by the UN, which limited its ability to engage formally in proceedings and symbolized a lesser recognition of its sovereignty claims.
The Algerian resolution calling for Palestine’s full UN membership was blocked by the United States on April 18 despite being strongly supported by other countries.
“Pakistan has urged the UN Security Council to reconsider & recommend Palestine’s application for a full membership of the UN in line with the overwhelming global opinion,” the country’s mission at the UN announced in a social media post after a General Assembly meeting was held to review the development. “It said that such a step would rectify the historic injustice & be pivotal toward the Two-State solution.”

It informed Ambassador Akram told the meeting “diplomatic efforts being made for peace would get considerable momentum if the veto was lifted & Palestine’s admission to the UN was approved by the Security Council.”
The Pakistani diplomat reiterated his country’s stance over the ongoing war in Gaza, calling for an immediate ceasefire and demanding unrestricted access to humanitarian aid.
He also emphasized that any further escalation in the war must be prevented while seeking a revival of the peace process and asking the world community to hold Israel responsible for its “war crimes.”
“The veto cast against Palestine’s admission erodes the credibility of the assurances that have been held out to support the two-state solution,” Akram was quoted as saying by the state-owned Associated Press of Pakistan news agency in its report.

 


Pakistan to announce T20 squad for England, Ireland series today as World Cup looms

Updated 02 May 2024
Follow

Pakistan to announce T20 squad for England, Ireland series today as World Cup looms

  • Pakistan will face Ireland in three T20Is from May 10-14, England in four T20Is from May 22-30
  • Pakistan will use both series to prepare for ICC Men’s T20 World Cup 2024 slated for June 2024

ISLAMABAD: The Pakistan Cricket Board (PCB) said it would announce the national T20 squad for Pakistan’s upcoming away series against Ireland and England today, Thursday, with exactly a month to go before the T20 World Cup kicks off in June.
Pakistan will play three T20Is against Ireland in Dublin from May 12-14 before they take on 2022 World Champions England from May 22-30 in a four-match series.
The series will be an important one for Pakistan and England as both prepare for the T20 World Cup scheduled to kick off from June 2 in the US and West Indies. Pakistan’s matches against England will be played at Leeds, Birmingham, Cardiff and The Oval.
“The Pakistan Cricket Board will hold a media conference at the Qaddafi Stadium in Lahore on Thursday to announce Pakistan men’s cricket team for the tours of Ireland and England,” the PCB said in a press release.
The announcement will be made by the Men’s National Selection Committee at 11:15 a.m., the board said. 
Skipper Babar Azam’s side last week won their fifth T20 match against New Zealand in Lahore by nine runs to draw the series 2-2. 
Pakistan will begin their campaign for the T20 World Cup against the United States on June 6 before facing India in New York for a high-voltage clash. 
Schedule for Ireland, England series:
10 May – v Ireland, 1st T20I, Dublin
12 May – v Ireland, 2nd T20, Dublin
14 May – v Ireland, 3rd T20I, Dublin
22 May – v England, 1st T20I, Leeds
25 May – v England, 2nd T20I, Birmingham
28 May – v England 3rd T20I, Cardiff
30 May – v England, 4th T20I, The Oval