Shell launches V-Power fuel in country

 

KARACHI (NNI): Shell, multinational oil and gas company, on Saturday unveiled its new global fuel offering Shell V-Power in Pakistan. The launching ceremony was led by Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and Minister of State for Petroleum Jam Kamal Khan. Shell V-Power Unleaded is an innovative new premium formulation designed to protect against gunk and corrosion. Shell has over 100 years of experience in developing fuels with over 100 fuels scientists and specialists across the globe working on fuels innovation, development and product implementation. At the event, the Motor Club of Pakistan exhibited exotic cars such as a Ferrari F430 Spider, Rolls Royce Ghost, Ford Raptor, Mercedes 500SL along with other super rides. Speakers like Motor Club of Pakistan President Razi Nayyer and Vintage and Classic Car Club of Pakistan President Mohsin Ikram shared their passionate stories about cars with the audience. Sounds of Kolachi gave a phenomenal performance at the event hosted by the glamorous Ayesha Omar.

On the occasion, Shell Pakistan Limited Managing Director Jawwad Cheema said “With the de-regulation of the fuels market, this gives Shell an opportunity to serve the Pakistani customers with world class offering like Shell V-Power.” “With this launch, Shell has once again revolutionised the local fuels market as it did with the first Shell new format site in 1994,” he said.

 

E&P Cos deposited $2.5m under social welfare fund

ISLAMABAD (APP): Oil and Gas companies operating in different parts of the country have deposited around $2.544 million under the social welfare fund during the last three years. "Exploration and Production (E&P) companies are required to deposit social welfare fund in the joint account with deputy commissioners, maintained in concerned districts," official sources in the Ministry of Petroleum and Natural Resources told APP. They said around $2.544 million had been collected in last three years, which were judiciously utilised for well being of the locals residing in oil and gas producing districts. Answering a question, the sources informed that currently the Ministry of Petroleum and Natural Resources was revising social welfare guidelines for carrying out the development schemes in oil and gas producing tehsils and districts across the country. Under the new strategy, parliamentarians were being given important role in identification and execution of social welfare schemes of oil and gas E&P companies operating in their respective constituencies.

 "Under the revised guidelines, social welfare schemes will be based on the requirement of areas and identified by concerned lawmakers of districts in consultation with representatives of local bodies or local administration," they said.

 

PEC urges govt to address engineers’ concerns

QUETTA (Staff Reporter): Pakistan Engineering Council (PEC) Chairman Javeed Salim Qureshi on Saturday said that all federating units have rights over China Pakistan Economic Corridor (CPEC) despite that first and highest rights over this mega project should be accorded to Balochistan. While addressing a ceremony organised by Young Engineers Association at Quetta Officers Club, the PEC chairman said, “CPEC would usher in a new optimal avenues for employment and we should take maximum benefits of this multi-billion scheme.” He said that engineers play vital role in the construction and building of the country’s mega projects but they did not get the status they deserve. He appreciated the young engineers for organising seminar to highlight the problems faced by engineers, like issuance of service structures. All underway projects will be ceased if engineers observed strike, he warned.

 "The government cannot bear our five minutes strike," he threatened. He urged the government to address engineers’ challenges at utmost priority basis before compelling them for strikes and protest demos.

People have been pinned a lot of expectations with CPEC success as it would not only boost up economic employment opportunities for the whole country, but it would also soothe Balochistan downtrodden poverty to a great extent, he noted.

On the occasion, he assured the young engineers that PEC fully back the legitimate demands of the engineers and will play pivotal role in solution of their problems.

 

 

 

FCCI welcomes Chinese rail, sea

freight service

FAISALABAD (APP): Faisalabad Chamber of Commerce and Industry (FCCI) President Engineer Muhammad Saeed Sheikh on Saturday appreciated the first direct Chinese rail and sea freight service between Kunming and Karachi and said that it would further strengthen Pakistan-China bilateral relations in addition to gear up work on multibillion mega project of China Pakistan Economic Corridor (CPEC). In a statement issue, he said this rail and sea freight service had linked China's south western province Yunnan with Pakistan largest seaport Karachi. He said this link would help china to have direct links with the international markets through Pakistan. He said the CPEC related projects were also under completion for electricity generation and surplus electricity would be added into the national grid at comparatively cheaper rates. He said the government had also planned 10 industrial cities along the CPEC route which would generate economic activity in addition to providing jobs to the unemployed youth.

He said the government should accomplish this project which would also provide a reliable road link to the land locker central Asian States with the rest of the world through Gwadar sea port.