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 Pakistan’s competition regulator has questioned PTCL’s financial capacity to sustain the planned Telenor Pakistan merger, demanding binding investment commitments. The Pakistan Telecommunication Company Limited (PTCL) is under mounting scrutiny from the Competition Commission of Pakistan (CCP) over its planned merger with Telenor Pakistan, as regulators raise doubts about …
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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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Aftab Maken Inflation in Pakistan during August 2025 remained below the Finance Ministry’s forecast, with a decline compared to July. According to the Pakistan Bureau of Statistics (PBS), annual inflation in August was recorded at 2.99 percent, significantly lower than the ministry’s projected range of 4 to 5 percent. Every …
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BeNewz Report Pakistan Stock Exchange opened the week on a positive note with the benchmark index crossing 149,000 points, while the rupee strengthened against the dollar. The Pakistan Stock Exchange (PSX) maintained its bullish trend on Monday, with the benchmark KSE-100 index climbing 231 points at the start of trading. …
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BeNewz Report Government and private educational institutions reopened today in Punjab and Khyber Pakhtunkhwa after the summer vacation, but flood-hit areas remain closed. Government and private schools across Punjab and Khyber Pakhtunkhwa resumed classes on Monday as the summer vacation ended, bringing millions of students back to their academic routines. …
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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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Pakistan Telecommunication Company Limited reported a Rs 9.90 billion half-year loss, exposing structural weaknesses, while $800m privatization dues from Etisalat remain unsettled. Pakistan Telecommunication Company Limited (PTCL), once Pakistan’s telecom monopoly and still the largest fixed-line operator, has reported a massive consolidated loss of Rs 9.90 billion for the half-year …
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Funding to cover severance, dues, and asset disposal as the government winds up the loss-making Utility Stores Corporation The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved a technical supplementary grant of Rs 30.216 billion to facilitate the smooth closure of the Utility Stores Corporation (USC), marking a …
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