Exploration companies are delaying gas sales to third parties despite CCI approval, amid disputes over whether OGRA licences are mandatory for bidders. Hydrocarbon exploration and production (E&P) companies in Pakistan are under growing scrutiny for delaying the allocation of newly discovered gas to third-party buyers, despite approval from the Council …
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BeNewz Report ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has cautioned that the allocation of regasified liquefied Natural Gas (RLNG) to the domestic sector must be carefully weighed against net proceeds for development (NPD), price transparency, ongoing and future contract negotiations, and the expiry of Pakistan’s long-term LNG supply …
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BeNewz Report The Ministry of Finance has kept petrol prices unchanged while announcing a reduction in diesel and other petroleum product prices effective September 1. The Ministry of Finance issued a notification stating that the current petrol price of Rs264.61 per litre will remain unchanged. However, the price of high-speed …
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BeNewz Report Consumers may see modest relief as petroleum prices are projected to drop for the first half of September 2025, with petrol expected at Rs264 and diesel at Rs269.86 per litre. Petrol and diesel prices in Pakistan are projected to decline modestly from September 1, 2025, providing some respite …
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Consumers may see Rs23bn relief in September bills under July’s fuel cost adjustment BeNewz Report Electricity consumers across Pakistan are poised to receive relief of Rs1.69 per unit in their September bills through the July monthly fuel charges adjustment (FCA). If approved by the National Electric Power Regulatory Authority (NEPRA), …
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BeNewz Report ISLAMABAD: The electricity consumers may find relief in power bills as the National Electric Power Regulatory Authority (NEPRA) has scheduled a public hearing today (Thursday, August 28) to consider a reduction in power tariff under fuel charges adjustment (FCA) for ex-WAPDA distribution companies for July 2025. According to …
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Industry warns move will collapse competition, burden consumers BeNewz Report The private sector has strongly opposed Sui Northern Gas Pipelines Limited’s (SNGPL) request for up to a 50 percent increase in gas transportation tariffs, warning that the move would undermine the competitive market opened by the regulator and place additional …
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Aftab Maken ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has scheduled a public hearing on the Fuel Charges Adjustment (FCA) for July 2025 on August 28 in Islamabad. The decision follows a request by the Central Power Purchasing Agency Guarantee Limited (CPPA-G), which has recommended a reduction in electricity …
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BeNewz Report KARACHI: Karachi continues to face a worsening power crisis following Tuesday’s heavy rainfall, with several neighborhoods still without electricity after two days of prolonged outages. Residents of North Nazimabad Block A, Gulistan-e-Jauhar Block 9, Nanak Wara, Yousuf Goth, and Ramswami remain deprived of power. Other affected areas include …
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BeNewz Report ISLAMABAD: In the rugged, remote landscapes of Balochistan, a transformation is underway. What began as a strategic national energy project has blossomed into a story of community uplift and renewed hope, said an official release of the OGDCL. In a direct response to Prime Minister Muhammad Shehbaz Sharif’s …
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