BeNewz Report ISLAMABAD: Power sector circular debt climbed to Rs 1.924 trillion by May 31, 2026, significantly overshooting the government’s target and complicating its commitments under the International Monetary Fund (IMF) programme, according to official documents. The Power Division informed the Economic Coordination Committee (ECC) that despite improvements in recoveries, …
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Aftab Maken ISLAMABAD: Pakistan LNG Limited (PLL) has invited international suppliers to submit bids for the supply of one liquefied natural gas (LNG) cargo as the government moves to strengthen fuel supplies amid rising electricity demand and growing concerns over regional energy security. According to a tender issued on Tuesday, …
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–Pakistan LNG Limited has launched an emergency spot LNG tender for one cargo after supply disruptions linked to tensions in the Strait of Hormuz threatened fuel availability during peak summer demand Aftab Maken ISLAMABAD: Pakistan LNG Limited (PLL) has issued an emergency tender to import a spot liquefied natural gas …
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—Power outages across Punjab are expected to intensify after Sui Northern Gas Pipelines Limited (SNGPL) declared force majeure on regasified liquefied natural gas (RLNG) supplies due to renewed tensions in the Strait of Hormuz, disrupting fuel deliveries for several key power plants Aftab Maken ISLAMABAD: Pakistan’s already strained electricity supply is …
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BeNewz Report ISLAMABAD: The federal government on Friday announced a reduction of Rs 4 per litre in the ex-depot price of petrol, while deciding to keep the price of high-speed diesel (HSD) unchanged for the coming week. According to a press release issued by the Ministry of Energy (Petroleum Division), …
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Aftab Maken ISLAMABAD: Pakistan LNG Limited (PLL) has awarded the lowest evaluated bid for the supply of a spot liquefied natural gas (LNG) cargo to BP Singapore after completing the financial evaluation of bids received under its latest international tender. According to the evaluation report issued by PLL, the tender …
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Member Oil, OGRA also summoned BeNewz Report KARACHI: The Federal Investigation Agency (FIA) Anti-Corruption Circle Karachi has intensified its investigation into an alleged mega corruption scandal in the Oil and Gas Regulatory Authority (OGRA), summoning Member Oil Zain-ul-Abideen Qureshi for questioning. According to official documents, the FIA has issued a …
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—That stores sunlight as heat for later use BeNewz Report ISLAMABAD: Researchers in the United States have developed a new form of solar energy storage that could reduce reliance on conventional batteries by storing sunlight directly in molecular structures and releasing it later as heat, Oilprice.com reported. A team at …
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BeNewz Report ISLAMABAD: The power consumers are expected to receive relief of around Rs 65 billion under the first quarterly tariff adjustment for calendar year 2026, following a hearing held by the National Electric Power Regulatory Authority (NEPRA). The hearing, chaired by NEPRA Chairman Waseem Mukhtar, reviewed requests submitted by …
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Aftab Maken ISLAMABAD: The Power Division has prevented a projected Rs5 to Rs6 per unit increase in electricity tariffs for June 2026 through emergency fuel management measures and power sector reforms, while consumers may receive relief of up to 20 paisa per unit. The Power Divison said on Sunday that …
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