Ali Hamdani appointed MD SNGPL
National
January 2, 2021
LAHORE: The Board of Directors of Sui Northern Gas Pipelines Ltd (SNGPL) has appointed Ali J. Hamdani as managing director (MD) of the company for a period of three years.
Earlier, the prime minister had approved the appointment of Ali J. Hamdani in the federal cabinet meeting held on December 15, 2020. Hamdani has more than 30 years of experience in managing international businesses, particularly in energy, power, water, chemical and healthcare sectors. Prior to joining the SNGPL, he remained associated with a number of leading international companies, including Siemens AG, Linde Healthcare and Schneider Electric. He has proven record of positioning organisations for success, spurring billion-dollar sales growth, leading global initiatives, and demonstrating a profound dedication to client satisfaction.
ECC approves issuance of $500 mln Eurobonds to finance Diamer Basha, Mohmand dams
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The ECC approved amendments in the Master Plan for establishing five terminals
ISLAMABAD (Dunya News) – The Economic Coordination Committee (ECC) of the Federal Cabinet Thursday approved the Ministry of Water Resources’ proposal in principle for the issuance of WAPDA’s debut $500 million Eurobonds to arrange finances for Diamer Basha and Mohmand dams.
The ECC, which met with Federal Minister for Finance and Revenue Dr Abdul Hafeez Sheikh in the chair, directed for working out modalities for the issuance of the bonds in consultation with the Finance Division and the State Bank of Pakistan (SBP), according to a Finance Ministry press release.
Pakistan to build 1,100 km LNG pipeline with Russia in July hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.
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(Bloomberg) Pakistan will start building a 1,100 kilometer (684 miles) pipeline in July with Russia that will allow the South Asian nation to operate more liquefied natural gas terminals.
The South Asian nation will have a majority share of 51% to 74% in the project, while Russia will own the remainder, Nadeem Babar, petroleum adviser to the prime minister, said in an interview on Dec. 14. Pakistan’s gas distribution companies Sui Southern Gas Co. and Sui Northern Gas Pipelines Ltd., which have started acquiring land for the pipeline, will be a part of the project, while a Russian consortium will lead construction.