Global demand for LNG grew by 12.5%:Shell Annual Outlook

Karachi(Cliff News)Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published today – a significant increase that bolsters LNG’s growing role in the transition to a lower-carbon energy system.2019 saw key developments that are helping to reshape the industry, namely;  

  • an industry record of 40 million tonnes of additional supply becoming available and being consumed by the market.
  • the belief in long-term demand growth triggering record investment decisions in liquefaction capacity of 71 million tonnes.
  • an increase in diversity of contractual structures, providing a wider range of options to LNG buyers.
  • the growing role of gas in improving air quality through coal-to-gas switching in the power and industrial sectors, with coal generation phase-out announcements more than trebling.

Natural gas emits between 45 and 55% fewer greenhouse gas emissions and less than one-tenth of the air pollutants than coal when used to generate electricity.“The global LNG market continued to evolve in 2019 with demand increasing for LNG and natural gas in power and non-power sectors,” said Maarten Wetselaar, Integrated Gas and New Energies Director at Shell. “Record supply investments will meet people’s growing need for the most flexible and cleanest-burning fossil fuel.”“While we see weak market conditions today due to record new supply coming in, two successive mild winters and the Coronavirus situation, we expect equilibrium to return, driven by a combination of continued demand growth and reduction in new supply coming on-stream until the mid-2020s.”Europe absorbed the majority of 2019 supply growth as competitively-priced LNG furthered coal-to-gas switching in the power sector and replaced declining domestic gas production and pipeline gas imports.  New spot-trading mechanisms and a wider variety of indices used for long-term contracts point towards LNG becoming an increasingly flexible commodity.There was a modest rise in imports to Asia in 2019, compared to the previous two years, a result of mild weather and rising electricity generation from nuclear power in Japan and South Korea, two of the three largest global importers.In China, LNG imports increased by 14% in 2019 as efforts continued to improve urban air quality.Also notable was LNG demand growth in South Asia. In total, Bangladesh, India and Pakistan imported 36 million tonnes, an increase of 19% over last year, pointing to emerging growth countries in Asia.Over the longer-term, global LNG demand is expected to double to 700 million tonnes by 2040, according to forecasts*, as gas plays a significant role in shaping a lower-carbon energy system.Asia is expected to remain the dominant region in the decades to come, with South and South-east Asia generating more than half of the increased demand.

 

 

 

 

 

EBM participated Gulffood 2020 exhibition at Dubai

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Karachi (Cliff News)Following the recent launch of their new corporate brand identity, EBM participated in the Gulffood 2020 Exhibition held in Dubai. The overall response received from the buyers present at the exhibition has helped create multiple opportunities for EBM to expand their reach across international markets.In recent months, EBM has focused on enhancing its operational capabilities in order to be able to meet the increased level of international demand. With a reach that already spans to many major countries around the world, EBM hopes to further expand its consumer network to include other countries as well. While speaking on the subject, Dr. Zeelaf Munir, CEO of EBM, said, ‘We have taken the ownership as well as the responsibility to provide wholesome and nourishing food-between-meals to our consumers. With ever increasing levels of demand, EBM has kept innovation, research and development at the core of its production process. Through our market-research, we have observed the evolving needs of our consumers, both at home and abroad, and have been able to fulfill the needs of those looking for high quality innovative offerings including ethnic varieties.’Shahzain Munir, Director Business Development further added, ‘The response from this year’s fair has been overwhelming for our organization. We will continue to break barriers to enter into new markets and adopt cutting edge technologies for efficient operations. International markets are and continue to remain our primary focus for business growth. We are determined to continue contributing to the national exchequer by increasing the export of our products.’With a legacy of over 50 years, as a leading food company from Pakistan, and an example of flourishing entrepreneurship, EBM firmly believes that success and growth are achieved only through consistently striving for excellence. EBM’s commitment to remain abreast of global trends, while staying true to its roots, has enabled the company to satiate the needs of local and international consumers belonging to diverse markets.

About EBM:

EBM has been baking nutritious delights for Pakistani consumers under the brand name Peek Freans since 1966. As one of the pioneers of the industry as well as a dominating market leader, EBM continues to innovate on each of the three fronts: product, quality, and communication.

 

High demand of CarFirst sales center franchise amoung used car dealers

Digital Picture Release - CarFirst

Lahore(Cliff News)In line with their commitment to revolutionize the used car industry in Pakistan, CarFirst, Pakistan’s most trusted used car trading platform, under their CarFirst Sales Center business introduced a complete franchising business solution for used car dealers and traders. After multiple successful launches in Lahore, a high demand for the franchise came in from used car traders and dealers from cities across Pakistan, and thus, CarFirst Sales Center Franchise is now available nationwide.All CarFirst Sales Center franchisees enjoy exclusive access to arguably the largest inventory of used cars in Pakistan at the best prices, as well as the standard online marketplace, easing the buying and selling of cars, as well as marketing and branding support. The Franchising services provide full support to used car dealerships and traders and helps them in increasing their revenue and profitability. The franchises also enable ease of access to CarFirst Sales Center customer base and digital operations.Commenting on this Shanawar Khan, Head of Operations,  at CarFirst Sales Center said, “ Our innovative franchising business solutions helps increase brand value, with franchisees receiving an increasing number of customers at their locations, with our dedicated Call Center generating leads and redirecting them to their dealerships. Our regular Gala events exclusively allow franchisees in their city to showcase their stock to a wide range of potential buyers. The Franchise Support Executives present at franchises helps improve customer service experience. We also help in generating additional income by providing our Franchise owners’ customers with many value added services under one roof, like Insurance, Takaful, Financing, Tracker, Auto service and many more.”Commenting on this Sheikh Rehan Ahmed, Owner of Car Boulevard, a CarFirst Sales Center Franchise said,“Working with CarFirst Sales Center has increased my customers and I have been able to multiply the scale of my business. It has taught me the benefit of bringing my business online, with more information on prices and varieties of cars.  By owning a CarFirst Sales Center Franchise I get exclusive access to inventory as well as 10 free OLX featured Ads that really help in getting attraction. Marketing and branding support to maximize lead generation and people who are helpful in managing operations is another bonus. The tech element of inspected cars in an online inventory has helped increase the speed of operations. I have had a very good experience so far and Insha Allah it will become even better. I recommend this exceptional service to my peers in the used car auto industry.”

About CarFirst

CarFirst is Pakistan’s most trusted trading platform, with a nationwide network of purchase centres and warehouses. CarFirst was founded in 2016 and has been the recipient of the largest Series ‘A’ investment in Pakistan from Frontier Car Group, and the largest Series ‘B’ investment from OLX Group. Consumers Association of Pakistan awarded CarFirst as the ‘Fastest Growing Tech Company’ in 2019. CarFirst aims to revolutionize the way cars are traded in Pakistan by offering comprehensive solutions for all things related to cars, such as evaluation, certification, financing, insurance, live auctions, and many more. CarFirst aim is to keep adding value across the customer’s journey, improving efficiency and transparency at every milestone of the car trading process.

 

 

Finland government to train 1 million Pakistani students

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Karachi(Cliff News)The Federal Minister of Planning & Development – Asad Umar, chaired the signing ceremony of a historic MoU between the Governments of Finland and Pakistan, to launch an initiative to train 1 million students on disruptive technologies like; Artificial Intelligence (AI), Internet of Things (IOT), Gaming-Tech, Health-Tech, etc. This is the first and the largest ‘Mass IT Education Program’ in collaboration with the Government of Finland. It will be managed by prestigious institutions like the “Kajaani University of Applied Sciences”, Finland, “Allied ICT”, Finland and the Virtual University (VU) Pakistan, while also engaging a local partner – Integration Xperts (IX), in Pakistan to provide technical expertise.The former Minister of Information-Technology – Dr. Khalid Maqbool Siddiqui (MNA) also graced the occasion, accompanied by senior officials of the Ministry of IT & Telecom, CEO of Kajaani University Matti Saren, Rector of VU-Mr. Naeem Tariq, Delegates of Allied ICT Finland and Global Alliance, etc., while the CEO of Vendor Junction (Regional Partner) – Sayed Jawed also witnessed the signing ceremony, along with Mr. Umair Azam – Managing Director of Integration Xperts (Representative in Pakistan). All these stakeholders have been working hard for the last one year, to make this venture a reality.Dr. Khalid Maqbool Siddiqui thanked the Government of Finland for their support and stated that: “This valuable initiative reflects Pakistan government’s commitment to enrich the economy with an additional qualified workforce of one million youngsters, educated on European professional standards, to learn special skill-sets. It will enable them to capitalize on the latest trends evolving in Information-Technology. With their globally recognized certifications, these fresh human-resources will strengthen Pakistan’s IT industry, by nurturing a wide range of technology start-ups. Pakistan will thus gain competitive-advantage in the global free-lance work-space, to become an attractive destination for international companies searching for qualified technology experts.”The President & CEO of Kajaani University and Member ICT Finland – Matti Saren, said: The Economist Intelligence Report has declared Finland as the best country in the world for future skills-education, while the PISA research by OECD also ranks Finland as the best higher-education & training system in the world. Since Last year, Vendor Junction and Integration Xperts have been exploring ways to access the highest quality of mass-education, technologies and ideas. By following the proven system of Finland, millions of Pakistanis will now become highly-rated experts in the global business environment. The European enterprises are also being engaged to identify investment opportunities in this region, which promises great talents for building innovative businesses.Anas Al Natsheh – Director of International Education Cooperation at Kajaani University said: Resourceful international collaborations and digital technologies are enabling accessibility to quality education across the globe, nurture innovations, new ideas and products. These collaborations serve as great platforms for knowledge-exchange, teaching and learning. Rapid advancement promises accelerated progress, especially for developing countries.Jarmo Jarvenpaa, member of Allied ICT Finland and CEO of iSTOC stated: Digitalization is creating a whole new world of possibilities for growth. Partnerships are enabling new ways to attract investments and achieve agility for success. Working research institutes and local healthcare partners, Allied ICT has already executed a successful infectious-diseases program in Pakistan. Now we are implementing this international training program for nurses and healthcare workers, through mHealth education.The experts involved in this initiative recognize that; AI, IoT, Machine Learning, Data Analytics, Digital Networking, Gaming and Drone Technology, are essential skills for success in the global ICT market. Investing on quality incubation and commercialization centres with accredited certifications are needed to nurture local talent, start-ups, based on research, that can impact, sustainability and lives in society as a whole.

 

 

Dawlance launches automatic washing machine featuring “Triple Waterfall”

Dawlance Washing machine KV-Hires

Karachi(Cliff News)Dawlance – Pakistan’s leading brand of home-appliances, a subsidiary of Arçelik – a global leader in technologies. This innovative enterprise has a complete range of Automatic Washing Machine that promises a superior wash, with its ‘Triple Waterfall’ feature, while its powerful motor is backed by a 10-years warranty.
This is the only washing machine in Pakistan which comes with a 3-years Panel-Warranty. Consumers have generally experienced that all other washing machines tend to malfunction due to water-seepage in their Digital-Panels. However, Dawlance is the only brand in Pakistan which has resolved this technological challenge, to assure reliability, convenience and consistent performance for the consumers.Dawlance has recently invested heavily on installing its new, state-of-the-art, assembly-line that reflects the company’s keen focus on producing higher quality. Enriched with Triple Water-Fall technology, the Dawlance Automatic Washing Machines offer better washing and save the precious time of the modern day housewives, who have more important daily tasks at hand, than the mundane task of doing laundry. Highlighting the pioneering technology of the Dawlance Automatic Washing Machine, the Head of Marketing at Dawlance – Hasan Jamil said: “Arcelik Dawlance conducts extensive research & development efforts to identify the evolving needs of the Pakistani consumers, to enrich its products with the most desired features, to enhance the consumers’ lifestyle, with greater convenience. Hence, we strive to go beyond the expectations of our consumers.Dawlance has 3 manufacturing units in the country and its products are distributed through its nationwide retail network, that also offers reliable and prompt after sales-services. Committed to global sustainability, Dawlance produces a wide range of products that promise more than 30% energy-efficiency. The company’s product-lines perform 3 different functions; Food-Care, Fabric-Care and Home-Care, including; refrigerators, freezers, microwave ovens, small kitchen appliances, washing machines, air conditioners, etc.

About Dawlance:

Dawlance, a leading home appliances brand of Pakistan, was established in 1980 with the vision of making Dawlance a Global brand by practicing reliability and to make Pakistan Proud; Dawlance serves its consumers in 3 functions involving Food Care, Fabric Care and Home Care with its wide range of appliances including refrigerators, freezers, micro-wave ovens, water dispensers, small kitchen appliances , hoods &hobs, washing machines, dishwashers and air conditioners.Dawlance has large manufacturing capabilities owing to its 3 factories , it has the largest service centre and dealer network in Pakistan; Dawlance’s vast service network in Pakistan displays its ability to reach consumers in every corner of the country and is one of the prime reasons for the brand’s success.Dawlance promises reliability in every way for its consumers and stakeholders alike; Reliability is the key characteristic of Dawlance and is exercised within all functions of the company; it is in fact embedded in the organization’s culture.  Aside from its reliability, Dawlance’s major strengths are differentiation and relevance- it makes products that are relevant to the needs of the Pakistani households but with an element of differentiation; Dawlance takes pride in introducing innovative products for the Pakistani market to enhance the lifestyle of its consumers and deliver a superior product experience.

Level up to a quality smartphone experience with new Nokia C1

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Karachi(Cliff News)HMD Global, the home of Nokia phones, today announces the Nokia C1, a smartphone designed to entertain – anytime, anywhere. Featuring an impressive 5.45” display, fans can watch their favourite videos and listen to music with ease. With lighter apps and less bloatware, you are able to store up to 3,000 songs or 24 hours of videos for offline consumption, cutting down on data usage. Combined with all-day battery life, you’ll have enough power to keep you watching, listening and talking from sunrise to sunset.Arif Shafique, Head of Near East, HMD Global said: “We are thrilled to welcome Nokia C1 to our fans in Pakistan. Nokia C1 is a smartphone that echoes Nokia brand’s values of quality, reliability and ease of use. This sleek device provides a seamless experience powered by AndroidTM 9 Pie (Go edition) for an optimized storage so our fans can enjoy their favourite content on the go. Nokia C1 is a truly unique affordable 3G alternative that offers a combination of a large 5.45” screen and all-day battery life.

Lasting entertainment

Not only does the impressive 5.45” display let you immerse yourself in your favourite videos anywhere but coming with AndroidTM 9 Pie (Go edition), the Nokia C1 has fewer pre-installed apps and is designed to optimise storage, meaning you can keep more of your favourite content with you. The Nokia C1 comes with enough internal storage for up to 3,000 songs or up to 24 hours’ worth of videos and can be expanded with a micro SD card to up to 64GB for those that need more. Coming with 3G connectivity and all-day battery lifei, the Nokia C1 really is a go-to smartphone for entertainment, allowing you to keep the chat and apps going from sunrise to sunset.

Looks that stand out

The Nokia C1 stands out thanks to its stylish metallic finish. It’s built with a durable polycarbonate cover to withstand the knocks of everyday life and look good doing it. The removable cover gives you access to the battery if needed.

Capture and relive higher quality photos

Raise your selfie game with the front facing flash and 5MP camera, helping you get that perfect shot even after dark. Plus, you can now take and make video calls, be it day or night. Combined with a 5MP rear camera, you can snap memories in the moment. Point and shoot stunning photos with the auto-focus rear camera.View and edit your memories offline with Gallery Go; a light, fast, and offline gallery optimised for your phone. Enjoy one-tap editing and easily relive all your memories with automatic organisation – even offline.

The Google Assistant buttonii – The fastest way to your Google Assistant

The Nokia C1 comes with easy access to helpful innovative services including the Google Assistant, helping you get things done throughout the day, even on the go. To get started, just press the Google Assistant button and you can find out the latest weather, news, sports information, call your family, play videos and more.

Android 9 Pie (Go edition): Ready. Set. Go.

Users can tap into new possibilities with Android 9 Pie (Go edition), enabling easy access to YouTube Go, helping you download, enjoy and share videos with limited storage or slower network speeds. This means you can watch your favourite videos offline, in addition to using helpful apps like Google Maps on the Google Play Store.Android 9 Pie (Go edition) is built leaner, faster, and safer than ever before, so you can go bigger in everything you do. For example, Google Maps Go provides your location, real-time traffic updates and directions, plus train, bus, and city transit information. You can even search and find phone numbers, addresses, and information about millions of places.

Pricing and availability

The Nokia C1 comes with 1GB RAM and 16 GBiii of internal storage and will be available in Black and Red from 1 January at a retail price of PKR 8500.

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About HMD Global

Headquartered in Espoo, Finland, HMD Global Oy is the home of Nokia phones. HMD designs and markets a range of smartphones and feature phones targeted at a range of consumers and price points. With a commitment to innovation and quality, HMD is the proud exclusive licensee of the Nokia brand for phones and tablets. Nokia is a registered trademark of Nokia Corporation. Android, Google and other related marks and logos are trademarks of Google LLC. All specifications, features and other product information provided are subject to change without notice. Variations on offering may apply. Check local availability.

 

Bolts partners with Nust to develop transformer health monitoring system

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Karachi (Cliff News)BOLTS (Private) Limited has partnered with the National University of Sciences & Technology, Islamabad to develop a state-of-the-art Transformer Health Monitoring System.Rear Admiral (Retd) Dr. Nassar Ikram, Pro Rector (RIC) NUST and Mr. Usama Qureshi, Chairman BOLTS (Private) Limited signed the agreement in Islamabad on 9th December 2019, in the presence of H.E Imran Khan, the Prime Minister of Pakistan, Chief of Army Staff Gen. Qamar Javed Bajwa, Mr. Fawwad Chaudhry, Minister for Science & Technology, and other high level dignitaries, at the inauguration of Pakistan’s first National Science & Technology Park established in NUST Islamabad Campus.As per the agreement NUST shall license its intellectual property to BOLTS which has been developed by local academia for commercialization and further development of technology.On this occasion Usama Qureshi remarked ” this is a new beginning and a great development for power sector in Pakistan. It is a matter of great pride for Pakistan that our universities have the capacity to develop high end technology locally, we are very excited to work with NUST on this project. We believe that this technology can prove to be a game changer in maintenance of distribution transformers (PMT).

Company Profile:

BOLTS (Private) Limited specializes in providing electrical switchgear panels and turnkey power solutions. BOLTS has a state-of-the-art manufacturing facility managed by a professional workforce and graduates from top universities which enables it to stand out from the competition. BOLTS senior management and Board of Directors comprises of professionals having vast experience of working in prestigious organizations.