Omar1984
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News
Thursday, January 29, 2009
Pakistan has 326m barrels in oil reserves, Senate informed
ISLAMABAD: Pakistan has more than 326 million barrels of oil and 29,790 billion cubic feet of gas reserves, the Senate was told on Wednesday. The petroleum adviser said the country had 185,165 million tonnes of coal reserves, mainly in Sindh. The demand for oil is 19.2 million tonnes a year and that for gas 5.3 million cubic feet a day. He also said there were approximately 4,504 million tonnes of copper-gold resources in Reko Diq in Balochistan, and there are 292 employees working on the project including, 247 local people. Minister for Parliamentary Affairs Babar Awan told the House that out of the $5.9 billion assistance for October 2005 earthquake victims committed by donors, $3.41 billion have been disbursed and the remaining $2.5 billion are in the pipeline. More than Rs 89 billion have been paid as compensation to the earthquake victims – Rs 57 billion in rural housing subsidy, Rs 2.86 billion in urban housing subsidy, Rs 5.2 billion in the Livelihood Support Cash Grant Programme and Rs 13.2 billion as compensation for deaths and injuries. The minister for housing told the Senate that construction of flats for government employees from Grade 1 to 16 in Sector G-11 of the capital would cost Rs 1.78 billion. He said the cost had to be revised because of the escalation in price of building material, labour and petroleum, a delay in the handing over of land and late deposit of instalments by allottees. tahir niaz
Courtesy www.dailytimes.com.pk
http://www.pakistanlink.com/Headlines/Jan09/29/12.htm
I think the petroleum advisor meant that the country has 186 billion tonnes of coal reserves, mainly in Sindh.
Sindh CM briefed on Thar coal progress
Tuesday, January 27, 2009
Sindh Chief Minister (CM) Qaim Ali Shah was briefed on Monday on the progress of Thar coal and power plant during a meeting with a five-member delegation from M/s Oracle Coal Fields Ptc UK at the Chief Minister House.
The firm is the first from the UK investing in Pakistan for coal mining and power generation. The meeting was informed that the firm has been allotted 66.1 kms in Block VI, Thar (about 32 kms north of Islamkot town). The block contains 1.4 billion tonnes of coal.
It was further said that the UK firm Oracle under the Sindh Carbon Energy Limited has planned the Q1-2010 for industrial sales and a power plant with mine design for the production of 2.5 million tonnes coal per annum.
The initial production of the Thar coal and power plant is expected in 2010-2011, and full output of 2.5 million tonnes coal is expected by 2012. Pakistan possesses 185 billion tones of coal reservoirs. http://www.thenews.com.pk/daily_detail.asp?id=159272
Recent discoveries in the Thar region of Pakistan have given rise to a discovery of nearly 185 billion tonnes.
http://en.wikipedia.org/wiki/Coal
Thursday, January 29, 2009
Pakistan has 326m barrels in oil reserves, Senate informed
ISLAMABAD: Pakistan has more than 326 million barrels of oil and 29,790 billion cubic feet of gas reserves, the Senate was told on Wednesday. The petroleum adviser said the country had 185,165 million tonnes of coal reserves, mainly in Sindh. The demand for oil is 19.2 million tonnes a year and that for gas 5.3 million cubic feet a day. He also said there were approximately 4,504 million tonnes of copper-gold resources in Reko Diq in Balochistan, and there are 292 employees working on the project including, 247 local people. Minister for Parliamentary Affairs Babar Awan told the House that out of the $5.9 billion assistance for October 2005 earthquake victims committed by donors, $3.41 billion have been disbursed and the remaining $2.5 billion are in the pipeline. More than Rs 89 billion have been paid as compensation to the earthquake victims – Rs 57 billion in rural housing subsidy, Rs 2.86 billion in urban housing subsidy, Rs 5.2 billion in the Livelihood Support Cash Grant Programme and Rs 13.2 billion as compensation for deaths and injuries. The minister for housing told the Senate that construction of flats for government employees from Grade 1 to 16 in Sector G-11 of the capital would cost Rs 1.78 billion. He said the cost had to be revised because of the escalation in price of building material, labour and petroleum, a delay in the handing over of land and late deposit of instalments by allottees. tahir niaz
Courtesy www.dailytimes.com.pk
http://www.pakistanlink.com/Headlines/Jan09/29/12.htm
I think the petroleum advisor meant that the country has 186 billion tonnes of coal reserves, mainly in Sindh.
Sindh CM briefed on Thar coal progress
Tuesday, January 27, 2009
Sindh Chief Minister (CM) Qaim Ali Shah was briefed on Monday on the progress of Thar coal and power plant during a meeting with a five-member delegation from M/s Oracle Coal Fields Ptc UK at the Chief Minister House.
The firm is the first from the UK investing in Pakistan for coal mining and power generation. The meeting was informed that the firm has been allotted 66.1 kms in Block VI, Thar (about 32 kms north of Islamkot town). The block contains 1.4 billion tonnes of coal.
It was further said that the UK firm Oracle under the Sindh Carbon Energy Limited has planned the Q1-2010 for industrial sales and a power plant with mine design for the production of 2.5 million tonnes coal per annum.
The initial production of the Thar coal and power plant is expected in 2010-2011, and full output of 2.5 million tonnes coal is expected by 2012. Pakistan possesses 185 billion tones of coal reservoirs. http://www.thenews.com.pk/daily_detail.asp?id=159272
Recent discoveries in the Thar region of Pakistan have given rise to a discovery of nearly 185 billion tonnes.
http://en.wikipedia.org/wiki/Coal
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