Aftab Maken The Economic Coordination Committee (ECC) of the Cabinet met to discuss a summary submitted by Petroleum Division for an upward revision of the indigenous gas tariff for industry (captive power) as well as non-protected domestic slabs, says an official release of finance ministry on Saturday. The meeting was …
Read More »POL prices increased again
The government has increased petrol and diesel prices for the second time in a row. Petrol has been made costlier by Rs. 3.47 per liter, and high-speed diesel (HSD) by Rs. 2.63 per liter, effective from midnight. After the increase, the price of petrol has been set at Rs. 256.13 …
Read More »OGRA recommends an increase in gas prices
The Oil and Gas Regulatory Authority (OGRA) has approved an increase in gas prices for the current fiscal year. According to OGRA’s decision, an 8.71% increase has been approved for consumers on the Sui Northern Gas Pipelines Limited (SNGPL) network, while a 25.78% increase has been approved for consumers of …
Read More »TotalEnergies Exits Pakistan
Gunvor Group Expands Footprint with Major Acquisition TotalEnergies Marketing & Services, a significant player in the global energy sector, recently concluded its operations in Pakistan by selling its shares to Gunvor Group, another prominent international company. This transaction marks a pivotal shift in Pakistan’s energy landscape, following the earlier departure …
Read More »Rs 40bn gas theft annually uncovered in Pakistan
An annual gas theft of Rs 40 billion has been revealed across Pakistan. During a meeting of the National Assembly’s Standing Committee on Petroleum, chaired by Syed Mustafa Mahmood, the Director General of Gas disclosed that Rs 40 billion worth of gas is stolen annually in the country, with more …
Read More »MOL Pakistan puts sabotage incident under the rug
The production facility at Manzalai, District Karak, has come under gunfire: MOL Special Report A terrorist incident has been reported at one of the exploration sites of MOL, Pakistan in the district of KP, well-placed sources told this scribe seeking anonymity. Chaos erupted at an exploration site operated by MOL, …
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