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LPG prices hit record high at Rs118,429 per ton

 

Sunday, March 04, 2012, Rabi-ul-Sani 10, 1433
Karachi—Local producers have raised price of liquefied petroleum gas (LPG) by Rs5353 to a record high of Rs118,429 per ton in accordance with Saudi Aramco Contact Price. This was stated by the chairman of FPCCI Standing Committee on LPG and Pattern in Chief of All Pakistan LPG Distributors Association (APLDA) Abdul Hadi Khan here Saturday.
He said Saudi Armco Contract Price (CP) has surged to record high due to increase in prices of butane by $ 140 per ton while propane is up by $ 220 per ton.
Hadi pointed out that domestic price of LPG has been increased by Rs5 to Rs135-145 per kilo, 11.8 kilo cylinder by Rs66 to Rs1520-1580 and 45.4 kg cylinder by Rs243 to Rs5850-6075. Expressing serious concern over this rise, Hadi said that distributors will protest agaisnt this rise and said an emergency general body meeting of APLDA has been convened for next week to prepare a line of action against the government and local producers.
He said that 6000 distributors will hold protest rallies and block gas fields and refineries over this rise. He said LPG sale has declined by 49 to 50 percent due to high prices, further shrinking the business of more than 6000 LPG distributors in the country and their survival is in danger. He urged Petroleum Minister to reduce dependance on imported LPG and concentrate on enhancing local production.

Cricket: Malik, Farhat axed by new-look selectors

By Nabeel Hashmi

Published: March 4, 2012

The series offers captain Misbahul Haq (right) an opportunity to redeem himself after series defeats against England led to calls from some quarters for a change of leadership in the shorter formats of the game. PHOTO: AFP

KARACHI:  The Pakistan Cricket Board’s (PCB) new-formed selection committee made its objectives clear by axing Shoaib Malik, Imran Farhat and Adnan Akmal from the Asia Cup squad that will be held in Bangladesh from March 11.

Instead, Nasir Jamshed and specialist wicket-keeper Sarfraz Ahmed were recalled to the One-Day International (ODI) squad as the selectors made note of Umar Akmal’s inconsistent show behind the stumps and Pakistan’s inability to lay a solid foundation.
Calls for Misbahul Haq to be replaced as ODI captain were shot down when the batsman was retained as skipper for the regional event that also includes India, Sri Lanka and the hosts.
Jamshed’s recall was a surprise to many, especially after his passport was seized in Bangladesh following the arrest of the Karachi-based bookie Sajid Khan during the recently-concluded Bangladesh Premier League.
New chief selector Iqbal Qasim, along with the selection committee that includes Saleem Jaffar, Azhar Khan, Farrukh Zaman and Asif Baloch, held a two-hour meeting with Misbah before naming the squad.
“The selectors were not ready for this as we thought we’d be put incharge after the Asia Cup,” Qasim told The Express Tribune. “However, we’ve tried hard to work on the grey areas and name the best available in the space of 24 hours after consultation with Misbah.”
Dearth of wicket-keeper, pacemen concern Misbah
Meanwhile, an official close to the proceedings revealed that Misbah showed grave concerns over the inability to find Kamran Akmal’s replacement with the team having used the services of Mohammad Salman, Adnan, Umar Akmal and Sarfraz Ahmed since Kamran was snubbed after last year’s World Cup.
Misbah also remained worried over the lack of penetration shown by the fast-bowlers.
New coach Dav Whatmore, however, remained a silent participant in the meeting, opting to observe proceedings for now with his input starting after the four-nation event.
Onus to perform on Sarfraz
Qasim, though, sounded out a stern warning to Sarfraz, highlighting the various chances he had been given and how another failure will spell the end.
“When you don’t have a good wicketkeeper-batsman, the balance of the whole team gets disturbed. It is high time that Sarfraz finally comes good with the bat otherwise we will be forced to look elsewhere,” added Qasim, hinting that a talent-hunt scheme could solve the issue, if needed.
Sarfraz, meanwhile, knows he needs to perform and that another failure could be harmful for his prospects.
“I have not been able to show my prowess with the bat but I am looking forward to playing decent knocks in the Asia Cup and finally repaying the selectors’ trust in me,” said Sarfraz.
“Like everybody else, I just need one good innings to break the shackles and hopefully I will be able to transform my domestic batting heroics in the international arena.”
Jamshed keen to make an impact
Jamshed, who made his debut against Zimbabwe back in 2008, vowed to grab this opportunity with both hands.
“My aim is to cash in on this opportunity as much as I can so that I don’t regret this,” he said, before adding that the BPL controversy was behind him and the few tough days he faced were part of a learning curve and a lesson for him.
Squad
Misbahul Haq, Mohammad Hafeez, Nasir Jamshed, Younus Khan, Umar Akmal, Hammad Azam, Asad Shafiq, Shahid Afrid, Azhar Ali, Sarfraz Ahmed, Saeed Ajmal, Abdul Rehman, Umar Gul, Aizaz Cheema, Wahab Riaz
Fixtures
Mar 11, 1300 PST
Bangladesh v Pakistan
Mar 13, 1300 PST
India v Sri Lanka
Mar 15, 1300 PST
Pakistan v Sri Lanka
Mar 16, 1300 PST
Bangladesh v India
Mar 18, 1300 PST
India v Pakistan
Mar 20, 1300 PST
Bangladesh v Sri Lanka
Mar 22, 1300 PST
Final
Iqbal Qasim
“The selectors were not ready for this as we thought we’d be put incharge after the Asia Cup. However, we’ve tried hard to work on the grey areas and name the best available in the space of 24 hours after consultation with Misbah.”
Nasir Jamshed
“My aim is to cash in on this opportunity as much as I can so that I don’t regret this. The BPL controversy is behind me and the few tough days I faced were part of a learning curve and a lesson for me.”
Sarfraz Ahmed
“I haven’t been able to show my prowess with the bat but am looking forward to playing decent knocks in the Asia Cup and finally repaying the selectors’ trust in me. I just need one good innings to break the shackles.”
Published in The Express Tribune, March 4^th, 2012.

Presidency, ISPR denials based on assumptions: Mansoor

http://paktribune.com/news/Presidency-ISPR-denials-based-on-assumptions-Mansoor-248004.html

Presidency, ISPR denials based on assumptions: Mansoor

04 March, 2012
 

LONDON: The central figure in memo scandal, Mansoor Ijaz, said that telephonic conversation between President Asif Ali Zardari and Chief of Army Staff Ashfaq Pervez Kayani regarding US Navy SEALs raid on Osama Bin Laden compound in Abbottabad on May 2, 2011 based on assumptions that now require complete clarification.
In his email sent to Dunya News, Mansoor Ijaz clarified that he himself was not sure of the authenticity of the transcript he entered into evidence during Thursday's Judicial Commission hearing, and had presented it to the court with a disclaimer to view it on its own merit.
He said that denials by Presidency and ISPR are based on a set of assumptions that now require complete clarification.
"Nowhere in the transcript is there any mention of a direct call between President Asif Ali Zardari and Gen Ashfaq Pervez Kayani. There is repeated mention of calls between the offices of the two men, but none that took place directly between them," he said.
"I asked that the transcript be sealed during Thursday's hearing for precisely this purpose — that I myself was not certain of its authenticity or accuracy, but since it was one factor of many in my decision to ask Gen James Jones to forward the message to Adm Mike Mullen which had been dictated to me by Husain Haqqani on May 9, 2011, it was a relevant fact to the Commission's search for truth about the purpose of the Memorandum, he said.
"I asked Chief Justice Qazi Faez Isa to evaluate the document on its merit with both his esteemed colleagues before making a judgment about its value to the proceedings," he said.
"ISPR and the Presidency picking up on one specific point based on media reports of what is contained in the transcript demonstrates continuing distortions in the search for truth about the alleged complicity of President Zardari in the Memorandum affair and the events of May 2nd. What about the other 40 or so entries in the logs of what happened on that night? Why has ISPR and the Presidency not yet commented on the veracity — or not — of those points as well," he asked.
Earlier, Spokesperson to the President Farhatullah Babar and the Inter Service Public Relations (ISPR) on Saturday denied any conversations between President Asif Ali Zardari and Chief of Army Staff Gen Ashfaq Parvez Kayani on the night of May 2 when US troops raided Osama bin Laden's hideout.
The Presidency dismissed as "absolutely untrue and unfounded" some media reports about President Zardari's phone call to Gen Kayani regarding the May 2 raid.
"A section of the media has carried reports implying that President Zardari had informed chief of the army that the operation had been conducted with his approval," said the spokesperson.
The ISPR spokesman also clarified that there was no conversation between the president and the army chief on the night between May 1 and 2, 2011.
The spokesman said that there were no telephonic conversations between the president and the COAS.
"The military leadership has briefed the joint session of parliament as well as the Abbottabad Commission on the subject matter and there was nothing more to add to it," the spokesman added.
End.

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