Federal Minister for Power, Awais Leghari, announced that the privatization of the electricity distribution system is in progress, and by 2025, the government will no longer manage the buying and selling of electricity. Addressing a press conference in Islamabad, the minister highlighted that electricity trading between consumers and companies at …
Read More »SNGPL clarifies news item
The recent claims regarding the closure of indigenous gas fields in favor of imported RLNG require clarification. The gas was closed in some part of December when Power was not off taking RLNG per its demand. All the gas producing fields are OPEN and producing gas per optimum production. Power …
Read More »OGRA recommends an increase in gas prices
The Oil and Gas Regulatory Authority (OGRA) has approved an increase in gas prices for the current fiscal year. According to OGRA’s decision, an 8.71% increase has been approved for consumers on the Sui Northern Gas Pipelines Limited (SNGPL) network, while a 25.78% increase has been approved for consumers of …
Read More »99pc consumers oppose KE’s request of transferring Rs 68.86b losses to govt/consumers
ISLAMABAD: After getting hundreds of billions of rupees in subsidy from the government, to offset the impact of its high energy cost, K-Electric has once again sought the NEPRA nod for the transfer of its Rs 68.85 billion losses to the government or electricity consumers.In their written comments and during …
Read More »Ishaq Dr or Jam Kamal to replace Musadiq Malik?
Aftab Maken The Federal Minister for Petroleum, Dr. Musadik Malik, is currently facing intense scrutiny from influential quarters in Islamabad for a variety of reasons linked to his leadership of the ministry. The recent transfer of an additional secretary from the ministry has further escalated the situation, turning an already …
Read More »Controversial Gas Allocation Framework: DG PC Removed
Secretary Petroleum next in the line of fire The Director General Petroleum Concession (DGPC) has become the first casualty of the controversial framework for the allocation of gas to third parties. The petroleum minister successfully removed the DGPC from his post on Tuesday amid controversy surrounding the implementation of the …
Read More »TotalEnergies Exits Pakistan
Gunvor Group Expands Footprint with Major Acquisition TotalEnergies Marketing & Services, a significant player in the global energy sector, recently concluded its operations in Pakistan by selling its shares to Gunvor Group, another prominent international company. This transaction marks a pivotal shift in Pakistan’s energy landscape, following the earlier departure …
Read More »Rs 40bn gas theft annually uncovered in Pakistan
An annual gas theft of Rs 40 billion has been revealed across Pakistan. During a meeting of the National Assembly’s Standing Committee on Petroleum, chaired by Syed Mustafa Mahmood, the Director General of Gas disclosed that Rs 40 billion worth of gas is stolen annually in the country, with more …
Read More »MOL Pakistan puts sabotage incident under the rug
The production facility at Manzalai, District Karak, has come under gunfire: MOL Special Report A terrorist incident has been reported at one of the exploration sites of MOL, Pakistan in the district of KP, well-placed sources told this scribe seeking anonymity. Chaos erupted at an exploration site operated by MOL, …
Read More »Net metering system in Pakistan
Special Report In the last week, the news appearing on local media for taxing the solar system and reducing the prices of net metering units has gripped. The solar system users in Pakistan were in total panic and did not know what the government would do with their installed system …
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