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In 2007, Occidental Petroleum exited Pakistan and solds its assets to BP Pakistan. [1] In 2011, United Energy Group acquired the Pakistani assets of BP and BP Pakistan was renamed as UEP. [2] [3] A year later, in 2012, UEP secured a credit line of $5 billion from China Development Bank for its Pakistani operations and other potential acquisitions.
In 2012, UEP secured a credit line of $5 billion from China Development Bank for its Pakistani operations and other potential acquisitions. In March 2018, UEP acquired OMV Pakistan assets for US$192 million. [4] In FY2019, United Energy Pakistan was the largest foreign oil and gas exploration and production company in Pakistan.
The Public Procurement Regulatory Authority (PPRA) is an autonomous regulatory authority in Pakistan responsible for prescribing regulations and procedures for public procurement by Government of Pakistan-owned public sector organizations and monitoring of procurement undertaken by other public sector organizations under the Public Procurement Regulatory Authority Ordinance of May 2002. [1]
The public procurement system in Rwanda is governed by 6 fundamental principles namely (1) transparency, (2) competition,(3) economy, (4) efficiency, (5) fairness and (6) accountability. [244] In the national system, bidders have the right to appeal against public procurement procedures they may think were not conducted appropriately.
PEPPOL is a set of specifications for establishing and also the primary implementation of a federated electronic procurement system for use across different jurisdictions. [1] Through Peppol, participant organisations can deliver procurement documents to each other including electronic invoices in machine readable formats , avoiding the labour ...
Electricity in Pakistan is generated, transmitted and distributed by two vertically integrated public sector companies, first one being Water and Power Development Authority responsible for the production of hydroelectricity and its supply to the consumers by electricity distribution companies (DISCOS) under the Pakistan Electric Power Company (PEPCO) being the other integrated company.
Ukrainian President Volodymyr Zelenskyy warned allies that the defense of his nation is a litmus test for broader Western resolve, after Russia fired at least 117 missiles and drones in an ...
Central Power Purchasing Agency-Guarantee (CPPA-G) is the market operator in Pakistan and is facilitating the power market transition from the current single buyer to a competitive market. It was established in 2015 and was separated from the National Transmission & Despatch Company .