–Pakistan LNG imports ease energy shortages after Qatari shipments pass Hormuz amid regional tensions and diplomatic coordination with Iran and Qatar BeNewz Report ISLAMABAD: Pakistan LNG imports have resumed after Qatari cargoes successfully transited the Strait of Hormuz under heightened regional maritime tensions. Two liquefied natural gas vessels reached Pakistan …
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–The government has announced a Rs5 per litre reduction in petrol and diesel prices, with the revised rates taking effect after midnight BeNewz Report ISLAMABAD: The federal government on Friday announced a cut in petroleum product prices for the next fortnight, lowering petrol and high-speed diesel rates by Rs 5 …
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BeNewz Report ISLAMABAD: A second liquefied natural gas (LNG) vessel carrying Qatari supply for Pakistan has entered the Strait of Hormuz after receiving special clearance from Iran, offering potential relief to Pakistan’s ongoing gas shortage. Shipping sources said Iran has allowed the passage of a third LNG cargo destined for …
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Aftab Maken ISLAMABAD: A Qatari liquefied natural gas (LNG) tanker is moving through the Strait of Hormuz toward Pakistan, offering potential relief to the country’s worsening gas supply crunch amid regional tensions linked to the Iran conflict. Shipping data showed the LNG carrier “Al Kharaitiyat” proceeding at full speed toward …
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BeNewz Report ISLAMABAD: The federal government on Friday increased the prices of petrol and high-speed diesel (HSD) by around Rs15 per litre, pushing fuel rates above Rs 414 per litre amid continued volatility in global oil markets. According to a notification issued by the Petroleum Division, the price of petrol …
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Aftab Maken ISLAMABAD: Pakistan LNG Limited (PLL) is likley to awarded two spot liquefied natural gas (LNG) cargoes for May 2026 deliveries to BP Singapore and TotalEnergies Gas & Power Limited after receiving seven bids from international suppliers, according to an official evaluation report released on Wednesday. The procurement was …
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BeNewz Report ISLAMABAD: Pakistan’s energy regulator is weighing significant gas tariff increases for fiscal year 2026-27, as an independent consultant has recommended a gradual reduction in unaccounted-for-gas (UFG) losses over the next five years. The Oil and Gas Regulatory Authority (Ogra) has scheduled public hearings on May 12 in Lahore …
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Aftab Maken ISLAMABAD: Pakistan’s southern districts recorded the highest temperature of 47°C, with Sakrand, Shaheed Benazirabad, and Dadu emerging as the hottest areas, as intense heatwave conditions continued across much of the country. According to the latest weather outlook, most regions are expected to experience hot and dry conditions, while …
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–Govt increases petrol and diesel prices for one week as global oil markets react to Strait of Hormuz disruptions BeNewz Report ISLAMABAD: The government on Thursday raised petroleum product prices, increasing high-speed diesel by Rs19.39 per litre and petrol by Rs 6.51 per litre for a one-week period amid rising …
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–Lower prices and rising costs squeeze margins in 9MFY26 Aftab Maken ISLAMABAD: The Oil and Gas Development Company (OGDC) reported an 11% decline in profitability for the nine months ended March 31, 2026, as production curtailments, falling realized prices, and rising costs weighed heavily on earnings. The company posted a …
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