Pakistan News

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  • Significant cut in atomic energy development budget

    ISLAMABAD: The budget for the development of nuclear energy in the country for 2017-18 has declined by almost 47 per cent against the expenditure incurred in the outgoing fiscal year...

    Documents show that the development budget of the Pakistan Atomic Energy Commission (PAEC) and the Pakistan Nuclear Regulatory Authority (PNRA) for the coming year is significantly lower than the outgoing year...

  • Khaqan wants private sector to take lead in ending energy crisis

    ISLAMABAD: Amid calls for further deregulation of oil and gas market, Petroleum Minister Shahid Khaqan Abbasi on Wednesday asked the petroleum industry to invest in ending energy crisis, otherwise public sector companies would expand energy infrastructure, output and supplies...

    If the private sector companies do not invest (to take benefit of the market), the government-owned companies will do,” he said at the annual conference of...

  • Japan marks 70th anniversary of Nagasaki atomic bombing

    TOKYO: Japan on Sunday marked the 70th anniversary of the atomic bombing of Nagasaki that claimed more than 74,000 lives, as Prime Minister Shinzo Abe came under fire for his attempts to expand the military’s role...

    “As the only country attacked with an atomic bomb in war, I am renewing our determination to lead the global effort for nuclear disarmament, to create a world without such weapons,” Abe said in his speech...

  • India developing atomic submarines: Tasneem Aslam

    Additional Secretary (United Nations and Economic Cooperation) at the Ministry of Foreign Affairs Tasneem Aslam on Tuesday said that India is developing atomic submarines, Radio Pakistan reported...

    Addressing a seminar in Islamabad, Aslam claimed that India is building its atomic stockpile 'day by day'...

  • IAEA found uranium traces at Iran’s ‘atomic warehouse’, allege diplomats

    VIENNA: Samples taken by the UN nuclear watchdog at what Israel’s prime minister called a “secret atomic warehouse” in Tehran showed traces of uranium that Iran has yet to explain, two diplomats who follow the agency’s inspections work closely say...

    The International Atomic Energy Agency (IAEA) is investigating the particles’ origin and has asked Iran to explain the traces...

  • UN atomic watchdog head calls for more access in Iran

    BERLIN: The head of the United Nations atomic watchdog agency said on Monday that Iran must provide inspectors access to sites where the country is thought to have stored or used undeclared nuclear material...

    International Atomic Energy Agency Director General Mariano Grossi told reporters after a meeting of the agency’s board in Vienna that he had made his case with Iranian authorities at higher levels...

  • ADB approves technical assistance for Pakistan's energy sector

    ISLAMABAD: The Asian Development Bank (ADB) has agreed to assist Pakistan in formulation of a new energy policy for the medium-term covering 2018-23, it was learnt on Wednesday...

    In this regard, ADB has approved ‘knowledge and support’ technical assistance worth $5 million to carry out key energy sector analyses and an assessment of the progress made during 2010-16, the findings of which will provide options for the policy for the...

  • World Bank to help develop Pakistan’s renewable energy sector

    ISLAMABAD: World Bank President Dr Jim Yong Kim on Monday offered technical and financial help in technological improvements in the renewable energy sector...

    He was talking to Finance Minister Ishaq Dar who called on him during the spring meetings of the World Bank and International Monetary Fund (IMF) in Washington, said a message received from the Embassy of Pakistan...

  • Iran assures Pakistan of cooperation in developing energy sector

    ISLAMABAD: Iran will help Pakistan in developing energy and infrastructure sectors, said member of Iranian Foreign Policy Committee Muhammad Hassan Asafari on Monday while talking to Senate Standing Committee on Foreign Affairs chairperson Senator Nuzhat Sadiq...

    He said Iran had the readiness to expand ties with Pakistan in all spheres and no foreign hindrance would cause any difficulty in the gas pipeline project...

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