–PM Shehbaz Sharif slashed petrol prices by Rs80 per litre for one month, citing global oil shocks and relief measures for inflation-hit consumers Aftab Maken ISLAMABAD: Prime Minister Shehbaz Sharif on late Friday night announced an Rs 80 per litre reduction in petrol prices for one month, bringing the new …
Read More »
The government has announced a significant hike in the prices of petroleum products. According to the new rates, petrol will now cost Rs 428.40 per liter, while diesel has been increased to Rs 520.35 per liter. Addressing a press conference, Petroleum Minister Ali Pervez Malik stated that the ongoing war …
Read More »
–Foreign ministers of Pakistan, Saudi Arabia, Türkiye, and Egypt met in Islamabad to boost regional coordination on security, trade, and diplomacy Aftab Maken ISLAMABAD: Foreign ministers of Pakistan, Saudi Arabia, Türkiye, and Egypt on Sunday opened Quadrilateral Consultations in Islamabad, signalling renewed efforts to deepen coordination on regional security, economic …
Read More »
–Govt rejects fuel price hike, absorbs Rs56bn burden to shield consumers amid global oil volatility Aftab Maken ISLAMABAD: The government has decided to keep petroleum prices unchanged and will bear an additional Rs 56 billion burden, Prime Minister Shehbaz Sharif said in a national address on Friday. The move follows …
Read More »
–Govt weighs targeted relief as fiscal space remains constrained amid stable fuel supplies BeNewz Report ISLAMABAD: Finance Minister Muhammad Aurangzeb chaired a high-level meeting on petroleum prices and subsidy reforms on March 27, 2026, as the government evaluates targeted relief measures while maintaining fiscal discipline, the Finance Division said. The …
Read More »
–Govt proposes optional multi-slab industrial tariff to boost power use and improve system efficiency Aftab Maken ISLAMABAD: The Ministry of Energy (Power Division) held a consultative session on a proposed multi-slab Time-of-Use industrial tariff regime, seeking industry input on a plan designed to raise electricity consumption and improve cost recovery. …
Read More »
Aftab Maken ISLAMABAD: The government plans a new optional multi-tariff mechanism for industrial electricity consumers, aiming to enhance efficiency and cost-effectiveness. The Ministry of Energy (Power Division) is considering an optional time-of-use tariff structure for industries, according to a press release issued on March 25, 2026. The initiative, led by …
Read More »
Govt plans digital rationing, seeks provinces’ share in fuel subsidy Prime Minister Shehbaz Sharif is expected to meet President Asif Ali Zardari on Tuesday to discuss including provinces in petroleum subsidy financing as the federal government prepares a digital rationing system to control fuel consumption. Sources said the meeting is …
Read More »
Fuel stocks remain stable: Govt Aftab Maken ISLAMABAD: Pakistan may face severe LNG shortages in the coming weeks, the Senate Standing Committee on Petroleum warned. Officials briefed the committee that supply could be disrupted after April 14, putting additional pressure on the power sector and industries. The Ministry of Petroleum …
Read More »
Aftab Maken ISLAMABAD: The government has said petroleum stocks remain at comfortable levels after a high-level review meeting chaired by Finance Minister Muhammad Aurangzeb, as authorities monitored global oil market volatility and regional geopolitical tensions. The government said on Saturday that Pakistan’s fuel supply position remains stable after a high-level …
Read More »
BeNewz
