Currently, gas prices are determined biannually—on July 1 and January 1
Fund gave government deadline of Jan 1, 2025, to hike gas tariff for CPPs at par with ring-fenced cost of RLNG, which stands at Rs3,700 per MMBTU
Around 250MW of electricity based on solar panels being generated every month by masses
Permanent Court of Arbitration rejected India’s six objections including jurisdiction of Court of Arbitration to listen to case
Project will be implemented at selected sites, spanning over a stretch of 1,300 km
It will not be possible to continue to extend Rs100 billion subsidy for protected gas consumers
Country’s well-known think tank, argued if Sui Southern-JJVL deal is done to operate extraction plant
Petroleum Division officials said they wanted to impose a 1-3 percent GST on these POL products
Minister said he was trying to provide system gas to RLNG power plants so that basket price of electricity could be lowered
Team requested specific data, which was promptly provided by company’s stafff
This photo on April 1, 2023, shows a view of installations of an oil refinery.—AFPISLAMABAD/KARACHI: The country’s five refineries have warned...
Deputy PM stated this while presiding over second meeting of 20-member task force meeting on gas-related issues held in Foreign Office
Capacity payments on government plants were five times that of all old IPPs combined
Less consumption of electricity by masses because of highest tariff in region also caused escalation in capacity payments
Saudi Aramco detached itself from the royal government and adopted deregulation to a reasonable extent
Aramco & Sinopec logos scene in this image. — Aramco Expats Website/FileISLAMABAD: In a new development, Saudi Aramco and Chinese company Sinopec...
SNGPL says power sector is continuously consuming less RLNG and its current consumption rate is about 164 mmcf
38,000-tonne cargo, originally scheduled for import at end of Sep 2024, arrived ahead of time on Sep 1
However, in FY23 the circular debt was at Rs2.310 trillion
Top managements of all refineries held virtual meeting on Thursday with Ogra
Government may choose to enforce sales tax either through promulgation of an ordinance or through an act of parliament
New price of petrol may be set at Rs257.99 from Rs260.96 per liter
Appreciating implementation of austerity measures by federal ministries, Shehbaz directed to ensure continuation of same
Project has been facing a 10-year delay since 2014 over proposed US sanctions on the project
Company booked Rs418.356 million in financial statements against theft of pipes
In FY22, Pakistan’s textile exports reached nearly $20 billion, signaling strong potential in the sector
Under amended policy E&P firms are allowed to sell 35% gas from future discoveries to private sector
In this photo, workers operate a machine at a textile factory. — AFP/FileISLAMABAD: The All Pakistan Textile Mills Association blames regressive...
"Work underway to transfer employees to other departments," says secretary of industry and production
This situation is continuing for the last two days
Combined cycle power plant has an efficiency of 61.16% which was completed and commissioned for $707.7 million
Apart from making power sector financially and operationally sustainable, increasing demand for electricity by stimulating growth in country
Experts highlighted the increasing demand for renewable energy in Pakistan
707 telemetry stations would be installed in two phases in the catchment areas of rivers in Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan,...
On demand of E&P companies for CPEC-like security for smooth oil and gas production activities
After reaching 1,540 feet in the reservoir, one foot of water is added daily according to the SOPs
The project was launched at the cost of $707.7 million
Government is going to take this measure aiming at discouraging the use of gas for space heating in the winter season
Govt increased gas price for CPPs by Rs250 per MMBTU to Rs3,000 from Rs2,750 per MMBTU in line with IMF directions
Sugar industry has already been allowed to export 150,000 tonnes sugar valuing $90 million keeping in view bumper sugarcane crop
Petrol price in country has been slashed by Rs8.47 per litre for next fortnight
Price re-opening clause with Qatar under two long-term agreements under GtG arrangements would be invoked
POL consumption has reduced leading to low demand of petroleum products causing reduction in prices
Government will acquire 15pc retained holding, at no cost in the company
