BeNewz Report ISLAMABAD: The Petroleum Division has formally handed implementation of the Pakistan Oil Refining Policy for Upgradation of Existing/Brownfield Refineries, 2023, to Inter State Gas Systems (ISGS), sidelining both the sector regulator OGRA and the ministry’s own bureaucracy from direct execution of the multibillion-dollar programme. A Petroleum Division letter designated …
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BeNewz Report ISLAMABAD: Federal Minister for Petroleum and Natural Resources Ali Pervaiz Malik said on Thursday that the Petroleum Division is in the final stages of finalising agreements with local refineries, aimed at resolving long-standing structural weaknesses in Pakistan’s refining sector and unlocking investment in deep-conversion facilities. Speaking at the …
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Aftab Maken ISLAMABAD: Pakistan has cleared the way for one of the largest industrial investment drives in its energy sector in decades, approving amendments to its refining policy that could unlock between $4.5 billion and $6 billion for the modernization of five domestic refineries. What Was Approved The Cabinet Committee …
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–Prime Minister Shehbaz Sharif approves amendments to the Pakistan Oil Refining Policy 2023, directing refinery upgrades, energy sector reforms and stronger strategic petroleum reserves to enhance Pakistan’s energy security. Aftab Maken ISLAMABAD: The Cabinet Committee on Energy (CCoE), chaired by Prime Minister Shehbaz Sharif, on Tuesday approved proposed amendments to …
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Aftab Maken ISLAMABAD: Pakistan LNG Limited (PLL) has invited international suppliers to submit bids for the supply of one liquefied natural gas (LNG) cargo as the government moves to strengthen fuel supplies amid rising electricity demand and growing concerns over regional energy security. According to a tender issued on Tuesday, …
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–Pakistan LNG Limited has launched an emergency spot LNG tender for one cargo after supply disruptions linked to tensions in the Strait of Hormuz threatened fuel availability during peak summer demand Aftab Maken ISLAMABAD: Pakistan LNG Limited (PLL) has issued an emergency tender to import a spot liquefied natural gas …
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—Power outages across Punjab are expected to intensify after Sui Northern Gas Pipelines Limited (SNGPL) declared force majeure on regasified liquefied natural gas (RLNG) supplies due to renewed tensions in the Strait of Hormuz, disrupting fuel deliveries for several key power plants Aftab Maken ISLAMABAD: Pakistan’s already strained electricity supply is …
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