Tag Archives: #GasSector

BeNewz Report ISLAMABAD: Petroleum Division is preparing a gas sector deregulation roadmap with World Bank technical support. The plan seeks competitive pricing, stronger regulation, private investment, and reduced subsidy distortions. Petroleum Division will finalize a gas sector reform roadmap by August-end. Federal Petroleum Minister Ali Pervaiz Malik chaired the meeting …

Aftab Maken ISLAMABAD: The International Monetary Fund (IMF) has proposed a new set of conditions for resolving Pakistan’s mounting gas sector circular debt, including formally recognizing the financial losses of the country’s two state-owned gas utilities and writing off unrecoverable receivables in their accounts. According to sources, the IMF has …