You are here

  • Home
  • Pakistan Petroleum, Finland’s Metso sign mineral development agreement

Pakistan Petroleum, Finland’s Metso sign mineral development agreement

Pakistan Petroleum, Finland’s Metso sign mineral development agreement
This handout photo, released on April 12, 2024, shows officials from Pakistan Petroleum Limited (PPL) and Finland’s Metso Corporation shaking hands following an agreement during an event in Islamabad. (Photo courtesy: Handout/PPL)
Short Url

https://arab.news/5csd4

Updated 15 April 2025
Follow

Pakistan Petroleum, Finland’s Metso sign mineral development agreement

Pakistan Petroleum, Finland’s Metso sign mineral development agreement
  • Pakistan has world’s largest copper-gold mineral zones and is also rich in lithium which is used to make batteries
  • Pakistanis trying to tap underutilized natural reserves’ potential and last week hosted international minerals summit 
Updated 15 April 2025
Arab News Pakistan
Follow

ISLAMABAD: Pakistan Petroleum Limited (PPL) and Finland’s globally renowned Metso Corporation have signed a memorandum of agreement to promote the exploration and processing of mineral resources in Pakistan, state media reported on Tuesday. 
Pakistan is endowed with various mineral resources, including salt, coal, copper, gold, chromite, bauxite, and gemstones. It is also rich in lithium used to make batteries, as well as other minerals. The government estimates natural reserves in the country are worth $6 trillion but despite the rich deposits, the mineral sector contributes only 3.2 percent to GDP and 0.1 percent to global exports. 
The country is now aiming to tap this underutilized potential and last week organized a minerals summit attended by top government officials and heads of companies from various countries including the US, UK, Europe, China and the Middle East.
“The two sides signed an MOU for the development of mineral sector,” state broadcaster Radio Pakistan reported. 
“This key partnership is aimed at promoting the exploration and processing of mineral resources in Pakistan.”
As a major supplier of natural gas, PPL contributes around 20 percent of Pakistan’s total natural gas supplies as well as produces crude oil, natural gas liquid and liquefied petroleum gas, according to the company’s website.
Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. The company’s website says it helps to improve customers’ energy and water efficiency, increase productivity, and reduce environmental risks with its product and service expertise.

Topics: Pakistan Petroleum Limited Pakistan economy Special Investment Facilitation Council (SIFC)

Champions to be crowned as Lahore, Quetta face off in PSL final today

Champions to be crowned as Lahore, Quetta face off in PSL final today
Updated 11 sec ago
Follow

Champions to be crowned as Lahore, Quetta face off in PSL final today

Champions to be crowned as Lahore, Quetta face off in PSL final today
  • The showdown begins this evening at Lahore’s Qaddafi Stadium with major prize money on the line
  • Shaheen Afridi-led Lahore Qalandars aim for a third PSL title and a historic win on home ground
Updated 11 sec ago
NAIMAT KHAN

KARACHI: Defending champions Lahore Qalandars will face 2019 winners Quetta Gladiators in the final of the Pakistan Super League (PSL) today, Sunday, with both sides aiming to make history in the tenth edition of the country’s premier T20 tournament.

The final will be played under lights at Lahore’s Qaddafi Stadium, with the match set to begin at 7:30 p.m. local time. A reserve day has been scheduled for Monday in case of rain.

The winner will walk away with $500,000 in prize money, while the runners-up will receive $200,000.

Either the Shaheen Shah Afridi-led Qalandars will become only the second team in PSL history to win three titles, or the Saud Shakeel-led Gladiators will lift their second trophy after a six-year gap.

Qalandars fought their way into the final through the playoffs, knocking out Karachi Kings and Islamabad United, while Quetta topped the points table and beat Islamabad in the qualifier to book their spot.

“I’m thrilled and honored to be leading Quetta Gladiators to an HBL PSL final and we will do our best to lift the trophy,” Shakeel said. “Qaddafi Stadium really has been a lucky venue for us where we have won five out of our six games and will look to continue the winning momentum.”

Afridi said Lahore were aiming for a title hat trick on home turf.

“We are buzzing to feature in our third HBL PSL final in the last four editions and our aim is to complete the treble at our home ground,” he said.

Lahore, who finished fourth in the group stage, will take confidence from their previous outing against Quetta, where they secured a commanding 79-run win before their second encounter was washed out.

Fakhar Zaman, Abdullah Shafique and Mohammad Naeem have led the charge with the bat for Qalandars, while Shaheen, Haris Rauf and Rishad Hossain have spearheaded the bowling attack.

Quetta, meanwhile, have enjoyed a dramatic turnaround after finishing last in 2023.

Their success this season has been fueled by consistent performances from Hasan Nawaz, Rilee Rossouw and a bowling unit featuring Abrar Ahmed, Faheem Ashraf and Mohammad Amir.

Both captains promised a highly competitive final to close out what has been a landmark 34-match edition of the HBL PSL.

Topics: Pakistan Cricket PSL X Lahore Qalandars Quetta Gladiators

Gunmen kill journalist in southwestern Pakistan

Gunmen kill journalist in southwestern Pakistan
Updated 24 May 2025
Follow

Gunmen kill journalist in southwestern Pakistan

Gunmen kill journalist in southwestern Pakistan
  • Latif Baloch, who worked for a national news channel and a local newspaper, was killed in Awaran district
  • According to Freedom Network Pakistan, 53 journalists were killed in the country between 2012 and 2022
Updated 24 May 2025
SAADULLAH AKHTER

QUETTA: Unknown armed men stormed a house in Balochistan’s Awaran district in the early hours of Saturday and killed a journalist working for a mainstream news channel and a local newspaper, a Levies official said.

The killing took place in Mashkay, a remote town in the mountainous Awaran district, regarded as a stronghold of Baloch separatist groups, particularly the Baloch Liberation Front (BLF).

Balochistan, Pakistan’s largest but least developed province, is home to a separatist insurgency led by ethnic Baloch groups, which Islamabad accuses of being backed by India.

New Delhi denies the allegation.

Earlier this month, Pakistan blamed India for a deadly attack on a school van in Khuzdar district that killed eight people, including six schoolchildren.

Zulqarnain Baloch, a Levies official in Mashkay, told Arab News that unidentified gunmen entered journalist Latif Baloch’s house at 3 a.m. and shot him dead while he was asleep with his family.

“The attackers only targeted him,” he said, adding: “Motives behind the murder are being investigated.”

According to the Press Freedom Network, an advocacy organization for media rights in Pakistan, 53 journalists were killed in the country between 2012 and 2022.

Hameedullah Sherani, the network’s provincial coordinator in Balochistan, said journalists in the province face serious threats while carrying out their work.

“Journalists in Balochistan have been working under threats by the state and non-state actors,” he said. “More than 40 journalists in Balochistan have lost their lives in the line of duty over the last two decades.”

The Balochistan Union of Journalists (BUJ) strongly condemned the killing and called for a high-level investigation.

“The provincial government must arrest the attackers behind the killing of Latif Baloch,” said Khalil Ahmed, BUJ president. “Journalists are already facing severe threats in the sensitive region of Balochistan. The government has to take immediate action for the safety of working journalists.”

No group has claimed responsibility for the attack.

Balochistan, which borders Iran and Afghanistan, remains one of Pakistan’s most dangerous regions for journalists.

Topics: journalism Attack on journalist

Pakistan’s Punjab reports eight deaths, 45 injuries in rain and storm-related incidents

Pakistan’s Punjab reports eight deaths, 45 injuries in rain and storm-related incidents
Updated 24 May 2025
Follow

Pakistan’s Punjab reports eight deaths, 45 injuries in rain and storm-related incidents

Pakistan’s Punjab reports eight deaths, 45 injuries in rain and storm-related incidents
  • Deaths were primarily caused by collapsing dilapidated structures during extreme downpour in different cities
  • A fresh advisory warns of potential damage to weak infrastructure as hail and heavy rain remain in forecast
Updated 24 May 2025
NAIMAT KHAN

KARACHI: Pakistan’s most populous Punjab province on Saturday released a preliminary report on damages caused by heavy rain and stormy weather, saying eight people were killed and 45 others injured in different cities as strong winds, lightning and hail battered parts of the country.

The report followed a weather alert issued a day earlier by the National Disaster Management Authority (NDMA), warning of thunderstorms, gusty winds, dust storms and rain in parts of Punjab, Khyber Pakhtunkhwa (KP) and Islamabad.

As the day progressed, heavy rain and hailstorms struck the federal capital and parts of KP after dark clouds gathered overhead. In Swat, torrential rain lashed the region with reports of hail in some areas and surging waters in local rivers and streams.

In Punjab’s major cities, including Rawalpindi, Sialkot, Jhelum and Lahore, the storm brought strong winds and poor visibility, prompting authorities to temporarily shut down sections of the motorway for safety.

“Eight citizens lost their lives and 45 others were injured due to storm and rain-related incidents,” the Provincial Disaster Management Authority (PDMA) of Punjab said in a statement. “Fatalities occurred in Rawalpindi (1), Jhelum (3), Sheikhupura (1), Nankana Sahib (1), Sialkot (1) and Mianwali (1).”

The PDMA said deaths were primarily caused by collapsing dilapidated structures or being in unsafe locations during the storm. Heavy downpour damaged several mud and old brick houses in many of these places, while in Lahore, incidents of fallen trees and damaged solar panels were also reported.

According to PDMA Director General Irfan Ali Kathia, all district emergency operations centers have been activated, while the provincial control room is monitoring the situation round-the-clock.

“Citizens are advised to avoid unnecessary travel during severe weather and stay away from electric poles and hanging wires,” he warned.

“People should remain indoors during lightning storms and ensure children stay away from weak or damaged buildings,” he added.

Kathia said financial assistance would be provided to affected families in accordance with the provincial administration’s policy.

A fresh advisory issued Saturday evening by the National Weather Forecasting Center in Islamabad warned of potential damage to weak infrastructure, including electricity poles, trees, vehicles and solar panels, due to thunderstorms, hail and heavy rain expected overnight and into Sunday.

Pakistan has increasingly faced extreme weather events, including droughts, heatwaves and floods, linked to climate change. In 2022, it witnessed unprecedented monsoon rains that submerged much of the country, killing about 1,700 people and causing infrastructure losses exceeding $35 billion.

Topics: thunderstorm National Disaster Management Authority (NDMA) PDMA

WWF-Pakistan hails community-led efforts to protect markhor on international awareness day

WWF-Pakistan hails community-led efforts to protect markhor on international awareness day
Updated 24 May 2025
Follow

WWF-Pakistan hails community-led efforts to protect markhor on international awareness day

WWF-Pakistan hails community-led efforts to protect markhor on international awareness day
  • Markhors are large wild goats native to the mountainous regions of South and Central Asia
  • They are Pakistan’s national animal and are currently listed as ‘Near Threatened’ by IUCN
Updated 24 May 2025
NAIMAT KHAN

KARACHI: A leading conservation group in Pakistan on Saturday praised local communities for helping protect the endangered markhor species, saying people’s efforts had reversed population decline and expanded habitat ranges, as the country marked the International Day of the Markhor.

Markhors are large wild goats native to the mountainous regions of South and Central Asia, including Pakistan, Afghanistan, India and parts of the Himalayan range. They are Pakistan’s national animal and are currently listed as “Near Threatened” by the International Union for Conservation of Nature, the world’s oldest and largest global environmental network, due to habitat loss, poaching and human disturbance.

The World Wide Fund for Nature’s Pakistan office (WWF-Pakistan) credited close coordination between communities, conservationists and government departments in regions such as Gilgit-Baltistan, Khyber Pakhtunkhwa and Balochistan for positive conservation outcomes.

“Through capacity-building programs and engagement of local communities in conservation initiatives, a positive population trend has been observed in the markhor species,” it said in a statement.

Observed annually on May 24, the International Day of the Markhor was designated by the United Nations General Assembly in 2024 to raise awareness of the species’ ecological importance and the need for its protection.

“Conservation is not just about saving a species, but it is about preserving our shared future in harmony with nature,” said Hammad Naqi Khan, Director General of WWF-Pakistan.

The organization noted the International Day of the Markhor was an opportunity to recognize the ecological value of mountain landscapes, raise awareness of conservation challenges and honor the communities that helped pull the species back from the brink of extinction.

Topics: markhor World Wide Fund for Nature

Pakistan tells UN India politicizing river flows by halting Indus treaty

Pakistan tells UN India politicizing river flows by halting Indus treaty
Updated 24 May 2025
Follow

Pakistan tells UN India politicizing river flows by halting Indus treaty

Pakistan tells UN India politicizing river flows by halting Indus treaty
  • Ambassador Usman Jadoon calls access to clean water a fundamental human right
  • He says India announced treaty suspension to cut off the lifeline of 240 million people
Updated 24 May 2025
Usama Iqbal Khawaja

ISLAMABAD: Pakistan told a United Nations forum this week India was using river waters as a political weapon by suspending the Indus Waters Treaty (IWT), warning that Islamabad would not allow New Delhi to cut off the lifeline of 240 million people or turn water into a tool of coercion.

The remarks came during an Arria-formula meeting of the UN Security Council, an informal session allowing open discussion on pressing international issues. The forum was held as tensions escalated following India’s decision to suspend the 1960 IWT.

While New Delhi has cited a recent militant attack in Indian-administered Kashmir to justify the move, Islamabad has denied any involvement and warned that blocking Pakistan’s access to river waters threatens regional stability and violates international law.

Addressing the forum on Friday, Ambassador Usman Jadoon, Pakistan’s deputy permanent representative to the UN, emphasized that access to clean water was a fundamental human right. He condemned India’s actions, pointing out the suspension of the IWT constitutes a grave violation of international law.

“India’s decision to illegally and unilaterally suspend the 1960 Indus Waters Treaty, aiming to impede the flow of water guaranteed to Pakistan under the Treaty, is a grave violation of international law, including human rights law, the treaty law and customary international law,” Jadoon said.

He further criticized statements from Indian leadership suggesting intentions to “starve the people of Pakistan,” describing such rhetoric as dangerous and perverse.

Jadoon called upon India to adhere to its legal obligations and refrain from actions that could disrupt the flow of rivers vital to Pakistan’s population.

“We strongly condemn India’s unlawful announcement to hold the Treaty in abeyance and call upon India to strictly abide by its legal obligations and refrain from stopping, diverting or restricting rivers that are a lifeline for 240 million people of Pakistan,” he continued. “We will never accept any such moves.”

The IWT, brokered by the World Bank in 1960, has been a cornerstone of water-sharing between the two nations. Its suspension marks a significant escalation in India-Pakistan relations, with potential implications for regional stability and humanitarian concerns.

Topics: Indus Waters Treaty Pakistan India standoff Ambassador Usman Jadoon

Latest updates

Bryson DeChambeau’s wild ride: LIV Golf star gets taste of speed at Indianapolis Motor Speedway
Bryson DeChambeau’s wild ride: LIV Golf star gets taste of speed at Indianapolis Motor Speedway
George Floyd’s uncertain legacy is marked five years on
George Floyd’s uncertain legacy is marked five years on
Over 1,245 wild animals resettled so far in Saudi Arabia’s largest natural reserve
Over 1,245 wild animals resettled so far in Saudi Arabia’s largest natural reserve
PGA champ Scheffler still has shot at 3rd win in row with big move at Colonial despite 3 late bogeys
PGA champ Scheffler still has shot at 3rd win in row with big move at Colonial despite 3 late bogeys
UK renationalizes first train operator under Labour reforms
UK renationalizes first train operator under Labour reforms

Search form

Print Edition
Read pdf version Subscribe now
© 2025 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement.