Pakistan palm oil stocks enough to last two months after Indonesia bans export — processors

A Pakistani consumer comes out from the cooking oil shop in Rawalpindi, Pakistan, on April 6, 2008. (AFP/File)
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Updated 06 May 2022
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Pakistan palm oil stocks enough to last two months after Indonesia bans export — processors

  • Edible oil refiners rule out panic-like situation as Pakistan holds around half a million tons in stock
  • Pakistan has imported 2.2 million metric tons of palm oil worth $2.7 billion so far this fiscal year

KARACHI: Pakistan’s edible oil processors on Friday ruled out any panic-like situation and said the country had enough stockpiles for two months, a week after Indonesia, the world's largest palm oil producer, banned exports to calm down prices in the local market. 

Indonesia’s President Joko Widodo last Friday imposed a ban on the export of edible oils in order to reduce domestic shortages and rein in burgeoning prices to avoid unrest at home. 

Indonesia is the world’s largest producer of palm oil. The demand of the commodity has quadrupled over the years, especially after a demand surge in major markets in India and China. Pakistan imports around 82 percent of its palm oil from Indonesia and 18 percent from Malaysia.  

“The stock of palm oil is at a comfortable level for the next two months (around 0.5 million metric ton),” Abdul Rasheed Jan Muhammad, chairman of the Pakistan Edible Oil Refiners Association (PEORA), told Arab News on Friday. 

“They (Indonesian president) have taken a unilateral decision that is worrisome, because it does not happen that a trade is banned on a notice of three to four days. There would be an impact if the ban lingered on and it would not only affect Pakistan but the whole world.”   

Indonesia's ban on oil exports comes amid disruptions due to the Russian invaion of Ukraine, which has blocked the supply of Russian and Ukrainian sunflower oil to the international market and led to a sharp rise in prices in Indonesia and other countries. 

Pakistani edible oil refiners say prices in the local market are not expected to increase due to the availability of sufficient stocks.   

“There is no price escalation expected because an abundant stock is available at domestic level,” Jan Muhammad said. "If there would be any price impact, it would be because of the [Pakistani] currency fluctuation." 

Pakistani edible oil processors hope the island country would lift the ban on oil exports after Islamabad officially approached authorities in Jakarta. “[We] hope that sanity would prevail as the issue has been take up at the government level,” the PEORA chief said. 

Last week, Pakistan's commerce minister Naveed Qamar informed that Prime Minister Shehbaz Sharif had constituted a task force to ensure there were no disruptions in the supply of palm oil to the Pakistani market.   

The minister said the supply of palm oil had been temporarily halted owing to Indonesia's domestic issues. He, however, said he was reassured by his Indonesian counterpart that the supply will be resumed by the third week of May. 

Pakistan will more oil from Malaysia, besides exploring other options and cracking down on hoarding and smuggling of the commodity, according to the minister. 

Pakistani edible oil processors hoped Indonesia would lift the ban next week as the island nation faces an inventory buildup. 

“We expect that Indonesia will lift the ban after a meeting that is to be held on May 09, because the stock continues to build up in the country,” Abdul Waheed, a member of the executive committee of Pakistan Vanaspati Manufacturers Association (PVMA), told Arab News.   

“It would be devastating if the ban is not lifted but we have enough palm oil stocks to last for 45 to 60 days. They will lift the ban as they are running out of space.”  

In Pakistan, palm oil is mainly used for the manufacturing of ghee or vanaspati as compared to the soft oil or cooking oil extracted from other sources, including soybean. 

The per capita consumption of edible oil in Pakistan currently stands at around 24 kilograms per year, while the global average consumption stands little higher at 28 kilograms per year.  

Edible oil and oilseeds are among the largest food and feed imports to Pakistan. The South Asian country imported 209,990 metric tons of palm oil in March, which was over 10 percent lower than the month of February and over 23 percent from March 2021.   

Pakistan imported palm oil worth $290.5 million in March, which is 5.43 percent higher than previous year mainly due to the high international commodity prices.  

From July 2021 to March 2022, Pakistan imported 2.2 million metric tons of palm oil that was worth $2.7 billion. The quantity of imported oil was only 8 percent higher than the previous year, but the value of the commodity was 46.7 percent higher than the previous year's, according to the official data. 


First Makkah Route Hajj flight to depart from Karachi airport tomorrow

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First Makkah Route Hajj flight to depart from Karachi airport tomorrow

  • First 11 Hajj flights carrying 2,160 Pakistani pilgrims scheduled to land in Madinah on Thursday
  • Makkah Route Initiative was recently expanded to Karachi, previously available in Islamabad 

KARACHI: Pakistan will launch its month-long Hajj flight operation from tomorrow, Thursday, with 11 flights scheduled to arrive in Madinah from five major Pakistani cities, including Karachi where passengers will utilize the Makkah Route Initiative for the first time.

Pakistani officials last month confirmed Saudi Arabia’s decision to expand the Makkah Route Initiative, previously available in Islamabad, to the airport in Karachi, the country’s largest and most populous city. 

Launched in 2019, the Makkah Route Initiative allows for the completion of immigration procedures at the pilgrims’ country of departure, making it possible to bypass long immigration and customs checks on reaching Saudi Arabia. The facility significantly reduces waiting times and makes the entry process smoother and faster.

“These flights will transport pilgrims from Islamabad, Karachi, Lahore, Multan, and Peshawar to the Prince Mohammad Bin Abdulaziz International Airport (Madinah Airport), beginning a massive influx of devotees from Pakistan and other parts of the world,” state news agency APP said, adding that the first 11 flights would take 2,160 Hajj pilgrims to Madinah. 

The agency reported that Nawaf bin Said Al-Malki, Saudi Arabia’s ambassador to Pakistan, would visit the Islamabad and Karachi airports, both now operated under the Makkah Route Initiative, to bid farewell to Pakistani Hajj pilgrims.

“The pilgrims will be received by authorities concerned at the Pakistan Consulate General and the Hajj Mission of the Ministry of Religious Affairs,” APP added.

Under the Hajj flight operation, five airlines – Pakistan International Airlines, Saudi Airlines, Airblue, Serene Air, and Air Sial – will operate 259 sorties to transport around 68,000 intending pilgrims from eight major cities of Pakistan, namely Islamabad, Karachi, Lahore, Peshawar, Multan, Quetta, Sialkot, and Sukkur, to Jeddah and Madinah under the government scheme.

According to the flight schedule, the first flight, PF754 (AirSial), is scheduled to depart for Madinah at 01:45 am from Karachi, carrying around 150 intending Hajj pilgrims. The last Hajj flight, SV3727 (Saudi Airlines), will depart on June 10 from Islamabad to Jeddah, with 380 passengers onboard.

During the first 15 days, all flights will operate from various cities of Pakistan to Madinah until May 23, and afterwards, they will land at the King Abdulaziz International Airport, Jeddah, until the completion of the Hajj flight operation.

This year, around 179,210 Pakistanis will perform Hajj under both the government and private schemes, for which a month-long flight operation is scheduled to commence on May 9, tomorrow. 

Out of 179,210 pilgrims, 89,605 each will embark on the holy journey under the government and private schemes, while a quota of 25,000 and 44,802 pilgrims, respectively, have been allocated to the sponsorship schemes.


A train safari through Pakistan’s majestic Potohar Plateau and its hills, tunnels and bridges

Updated 08 May 2024
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A train safari through Pakistan’s majestic Potohar Plateau and its hills, tunnels and bridges

  • ‘Safari Tourist Train’ takes passengers every Sunday across plateau in Pakistan’s Punjab province, located between Indus and Jehlum rivers
  • Main attraction is stopover at historic Golra railway station, which was built in 1882 and boasts esteemed Islamabad Railway Museum

RAWALPINDI: As Nimra Shah stepped into the Rawalpindi Railway Station drenched in the golden hues of the early dawn hours, she was greeted by the vibrant thumping of a drum and a performance of traditional Punjabi dance.
This is how the “Safari Tourist Train” starts as it takes passengers on a journey every Sunday across the majestic Potohar, a plateau in Pakistan’s Punjab province, located between the Indus and Jehlum rivers. Pakistan Railways kicked off operations of the safari last month, offering a unique way to explore the region’s scenic landscapes and the 150-year-old history of the national, state-owned railway company of Pakistan.
Last Sunday, against the rhythmic chugging of the engines, the train sped out of the Rawalpindi Railway Station, promising an adventure-filled journey to the more than 350 passengers on board through the mountains, bridges and tunnels of the Potohar region but also through time.
“This is my first experience traveling by train and this is the reason I chose the Safari train as I was impressed by their things [activities planned during the journey],” Shah, who works as a beautician in Islamabad, told Arab News.
“So far so good and let’s see what happens next. I hope it will be good because the videos I have seen about this and the reviews were good.”

In this photograph, taken on March 3, 2024, a man takes the family photo ahead of their journey on “Safari Tourist Train” at the Saddar Railway Station in Rawalpindi. (Photo courtesy: KP Culture and Tourism Authority)

The Safari tourist train was first launched in February 2021 by then railways minister Azam Khan Swati, but its operations were halted in 2022 for undisclosed reasons. The train has now been relaunched by Pakistan Railways in collaboration with the PK-Unicorn private tourism company.
The train travels every Sunday from Rawalpindi to Attock Khurd, a small town located beside the Indus River in the Attock District of Punjab, offering luxurious seating arrangements and newly constructed washrooms to ensure maximum comfort and convenience. There is live music, magic shows and entertainers on board to engage children and adults alike and make the journey more interesting, according to Faiza Syed, a general manager at PK-Unicorn.
“Most of the families have never traveled on trains, so we have started this small journey so that the people can get the flavor of traveling in a train,” she told Arab News, adding that the main objective of the safari was to portray a “positive image” of Pakistan and boost tourism.
The train offers different categories of travel, including a basic economy class, followed by an air-conditioned parlor, and finally, a salon car, in which a group of up to 20 individuals can book a separate coach. The ticket price varies from Rs3,500 ($12.70) for economy class, Rs4,500 ($16.20) for the AC parlor, and Rs6,000 ($21.58) for the special saloon, with breakfast and lunch included in all categories.
Since its re-launch last month, Syed said, the public’s response to the service had been “overwhelmingly positive” and the train had been operating at full capacity.
“COMMENDABLE INITIATIVE”
This Sunday, the safari’s scenic route included iconic landmarks such as the Margalla Hills and the historic Sangjani Tunnel and Chablat and Ghazi Barotha bridges. A main attraction was a stopover at the historic Golra railway station, which was constructed in 1882 and boasts the esteemed Islamabad Railway Museum, a testament to Pakistan’s colonial past and the history of its famed British-built railway system.
Steam locomotives and royal saloons associated with India’s last viceroy, Lord Mountbatten, Pakistan’s founder and first governor general, Mohammad Ali Jinnah, and the Maharaja of Jodhpur are on display at the museum, whose two galleries are chock full of artifacts. These include a kerosene heater belonging to Mountbatten, vintage railway police guns, a punching machine for tickets, signal sticks and lamps, flags, drinking vessels, and a morse code machine.
Other items in the collection include surgical instruments used at the railways hospital, relief bogies as well as bells, kerosene lamps and a Neal’s ball token machine, captured from the Khemkaran station during the India-Pakistan war of 1965. A long pendulum by Gillet & Johnston Croydon, London, 1899, is another treasured item.
The train next passes through more historic tunnels of the Potohar region until the next stop: the scenic Attock Khurd Railway Station by the banks of the Indus River. Here, visitors get a chance to immerse themselves in the beauty of the water as well as go camel riding.

In this photo, taken on March 3, 2024, people take their seats after boarding the “Safari Tourist Train” in Rawalpindi. (Photo courtesy: KP Culture and Tourism Authority)

“We have enjoyed the trip as we came in a group and it was a good journey,” Khawaja Najam-ul-Hassan, a retired employee of the Pakistani state television, told Arab News. “I liked the architecture right from Golra to Attock as it was my first time here.”
Another passenger, Azhar Mubarak, a retired army doctor, described the safari as a “commendable initiative” and said more such trains should be introduced to explore other parts of the country.
“There are many such good places in Pakistan and initiatives like these are needed there as well to promote tourism potential and opportunities for the public,” he told Arab News.
Tahmina Azhar, a doctor, described the journey as “enjoyable” but said the service needed a few improvements, including upgrading the quality of the food served and employing trained guides.
“A bit more cleanliness in the train, [especially] toilets,” she said, “and somebody to guide us.”


Pakistan’s planning minister announces near completion of $25 billion CPEC projects during Beijing visit

Updated 08 May 2024
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Pakistan’s planning minister announces near completion of $25 billion CPEC projects during Beijing visit

  • Ahsan Iqbal’s China visit is expected to pave the way for Prime Minister Shehbaz Sharif’s official tour to Beijing
  • China and Pakistan are also scheduled to hold the 13th Joint Cooperation Committee meeting in the ongoing month

ISLAMABAD: Federal Minister of Planning and Development Ahsan Iqbal said on Wednesday $25 billion of energy and infrastructure projects had almost been implemented in his country under the first phase of China-Pakistan Economic Corridor Project (CPEC) while praising the strong strategic ties between the two countries.
Iqbal arrived in Beijing earlier in the day with Special Assistant to Prime Minister on Foreign Affairs Tariq Fatemi and was received by Pakistan’s ambassador Khalil Hashmi and senior Chinese officials.
This is the first high-level Pakistani visit to China since the country’s new government came into power.
“China is Pakistan’s historic friend who has stood by us in tough times,” the Pakistani minister quoted as saying in an official statement.
“He noted that projects worth $25 billion under the first phase of CPEC were nearing completion in Pakistan, primarily upgrading the energy and infrastructure sectors,” it continued. “The second phase of CPEC will focus on promoting agriculture, industry, green energy and technology sectors.
Iqbal’s visit is expected to pave the way for Prime Minister Shehbaz Sharif’s upcoming visit to China and the 13th Joint Cooperation Committee (JCC) meeting between the two countries, scheduled for May.
The two events were mentioned in an official statement issued in Islamabad last month that announced Pakistan’s preparations.
The JCC meetings are crucial for both countries, providing them platform to discuss and finalize plans for projects spanning across several sectors including energy, infrastructure, transportation, and more recently, agriculture and technology.
The JCC aims to enhance bilateral cooperation and ensure the smooth execution of projects, which are intended to boost socio-economic development in Pakistan.
Each JCC meeting often results in the signing of memoranda of understanding and agreements to launch new projects or continue progress on ongoing ones.
Beijing is investing over $65 billion in energy and infrastructure projects in Pakistan as part of CPEC, a significant component of Beijing’s Belt and Road Initiative.
This initiative aims to connect China to the Arabian Sea, enabling Islamabad to expand and modernize its economy through a developed network of roads, railways, pipelines, and ports.


Police baton-charge lawyers, fire tear gas as protest turns violent outside Lahore court

Updated 08 May 2024
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Police baton-charge lawyers, fire tear gas as protest turns violent outside Lahore court

  • Hundreds of lawyers had gathered outside Lahore High Court to protest relocation of civil courts, registration of terror cases against lawyers
  • DIG Lahore says one station house officer, one constable injured as lawyers pelted stones, forcing police to use tear gas and batons 

ISLAMABAD: Pakistani police fired teargas, baton-charged and detained dozens of lawyers who were protesting on Wednesday and tried to enter the building of a high court in the eastern Pakistani city of Lahore.
Hundreds of lawyers had gathered outside the court building to protest the relocation of civil courts in Model Town. They are also demanding the dismissal of a terror case filed against fellow lawyers.
As the lawyers tried to enter the Lahore High Court building, police baton-charged them and fired tear gas and water cannons to disperse them. Video footage widely broadcast on Pakistani news channels showed dozens of lawyers being arrested and piled into police vans. 
Punjab Chief Minister Maryam Nawaz said she had directed Inspector General of Police Dr. Usman Anwar to “refrain from using force against the lawyers.”
“Lawyers must also resolve their matters with LHC amicably. For the safety of the citizens of Lahore, confrontation should be avoided,” she said in a post on X.
Speaking to media, a senior police officer said the protesters had pelted stones at the police and tried to engage them in a fight first, after which police were forced to use tear gas, water cannons and batons. 
Speaking to Pakistani news channel Dawn News, LHCBA President Asad Butt said the lawyers’ protest would continue until all demands were met.
“The police have inflicted cruelty by using force against a peaceful march,” Butt said, adding that dozens of lawyers had been injured in tear gas shelling.
She demanded that the notification of the division of courts be withdrawn immediately and cases filed against lawyers be dismissed.
Speaking to Pakistan’s Geo News channel, Deputy Inspector General (DIG) Faisal Kamran said while law enforcement had showed restraint, they would not permit any breach of the law.
“The police are demonstrating maximum patience and restraint,” he said, adding that one station house officer and one constable were injured as lawyers pelted officers with stones.
Protests by lawyers are relatively common in Pakistan and have been a notable feature of the country’s political and social landscape. Protests in the past have been sparked by a variety of issues ranging from judicial appointments and legal reforms to specific grievances related to court administration and the treatment of lawyers.


Amid investment push, Uzbek foreign minister in Pakistan to discuss trade, regional connectivity

Updated 08 May 2024
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Amid investment push, Uzbek foreign minister in Pakistan to discuss trade, regional connectivity

  • The government has been hosting official and business delegations to address the economic challenges faced by the country
  • Pakistan is interested in reliable Central Asian energy sources and sees Uzbekistan as gateway to other markets in the region

ISLAMABAD: Uzbekistan’s Foreign Minister Bakhtiyor Saidov arrived in Pakistan for a two-day visit on Tuesday night to discuss bilateral trade and regional connectivity, confirmed a brief statement circulated by the foreign office, as the administration in Islamabad is trying to bolster economic ties amid financial challenges.
A Saudi business delegation recently concluded its visit to the country where its members held a series of business-to-business meetings to explore investment opportunities across various sectors during their visit.
This was followed by a meeting between Prime Minister Shehbaz Sharif and Japanese industrialists, where the PM encouraged them to invest in Pakistan’s electric automotive industry. Similarly, Federal Minister for Finance Muhammad Aurangzeb engaged with international investors, assuring them of the country’s commitment to create an enabling business environment. The impending visit of Saudi Crown Prince Mohammed bin Salman, expected this month, is anticipated to bring several billion dollars in investments.
The Uzbek foreign minister’s trip also highlights the strengthening bilateral relations between the two states and aligns with Pakistan’s objectives of enhancing regional connectivity for greater economic prosperity.
“Foreign Minister Saidov will call on Prime Minister Muhammad Shehbaz Sharif and hold in-depth talks with Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar on a wide range of bilateral issues of mutual interest, with special focus on trade and connectivity,” the foreign office said in a statement released before his arrival.
“The visit of the Foreign Minister of Republic of Uzbekistan is expected to provide fresh impetus to the friendly relations between the two countries,” it added.
Pakistan views Central Asian countries as crucial partners in enhancing regional trade and energy security.
The region’s vast natural resources, especially oil and gas, can be vital for Pakistan to secure reliable energy sources and diversify its energy imports.
Uzbekistan plays a key role in this equation due to its geographical position and resources, acting as a gateway for Pakistan to access other markets in the region.
Last year, Pakistan’s former caretaker prime minister Anwar-ul-Haq Kakar visited the Central Asian country to participate in an Economic Cooperation Organization (ECO) meeting where he reiterated his country’s commitment to regional cooperation and economic integration.