Chief Justice Iftikhar Muhammad Chaudhry on Thursday asked the counsel representing Tethyan Copper Company (TCCP), under which laws was the organisation engaging in mining business in Pakistan without being incorporated as a company.
Balochistan's security situation has been forcing the state-run Oil and Gas Development Company (OGDCL) to stay away from the Kohlu-Bugti area despite having a licence," an official said. "It has the potential to solve most of Pakistan's energy problems but would require six to nine years to bear fruit provided ground work starts now," an official said.
China appears all set to take over the reins of Pakistan's strategic Gwadar port in Balochistan with the Singapore Port Authority (SPA) and its partners intending to pull out of a 40-year management and development contract.
Reports from Balochistan indicate that another Pakistan military operation is underway in Dera Bugti district (Sui and Asreli Chauki).
Kalmati [provincial minister for fisheries] recently arranged a special prayer for rains in Gwadar too. When Gwadar's citizens are asked, they seem to have more faith in the heavens opening up the gates because as of now, a well thought out public policy plan to address water shortage seems far off.
ISLAMABAD: British High Commissioner to Pakistan Adam Thomson has said that the verdict in international arbitration on the Reko Diq saga may have chilling affects on foreign investors.