The author is an investigative journalist. He can be reached at [email protected].
HeadlinesNEPRA approved the National Grid Company’s three-year UoSC for FY2022-23 to FY2024-25, allowing Rs332.3bn against Rs478.28bn sought, cutting the claim by nearly Rs146bn and issuing performance directions for transmission and metering.
HeadlinesPakistan conducted its first-ever marine bunkering at Gwadar Port, delivering 2,500 metric tonnes of IMO-compliant VLSFO to an LNG vessel. The move expands bunkering services across Karachi, Port Qasim, and Gwadar.
HeadlinesThe federal government raised petrol and high-speed diesel prices by more than Rs13 per litre, setting petrol at Rs310.71 and HSD at Rs323.30. The revised rates take effect immediately until the next review.
HeadlinesThe Privatisation Commission Board approved appointing the Asian Development Bank (ADB) as financial adviser for outsourcing Islamabad International Airport’s operations through a long-term concession, via competitive bidding.
The Auditor General of Pakistan (AGP) challenges the Petroleum Division over Rs116.058bn paid as RLNG diversion subsidy to SNGPL without ECC approval or volume verification, alongside other FY2023-24 lapses.
HeadlinesThe AGP audit blames Pakistan’s Petroleum Division for not appointing district Social Welfare Committee chairpersons, leaving Rs1.439bn in welfare funds unutilised during FY2023-24. The report cites policy non-compliance and calls for expedited nominations.
HeadlinesRegulator allows lower adjustment than 81.73 paisa sought by CPPA-G; increase to appear in July 2026 bills
HeadlinesThe AGP raised Rs669.302bn audit observations on PSO, including Rs472.033bn recoverable, citing weak recovery of Rs467.7bn receivables and governance, procurement and legal lapses. DAC directed recovery action.
SSGC uncovered an illegal gas theft network in Karachi, diverting stolen gas to run generators and supply unauthorized power to about 300 flats and 100 shops. The raid also seized leaking gas storage units to prevent a possible fire or explosion.
HeadlinesPakistan’s Auditor General says delays by Inter State Gas Systems on the Iran-Pakistan gas pipeline exposed the country to a potential Rs5.17tr penalty. The audit also finds mismanagement on other strategic energy projects.
Pakistan’s Auditor General flags Rs250.832bn observations at SSGCL, with Rs80.014bn in UFG losses beyond OGRA limits. The audit identifies Rs81.251bn recoverable and notes weak theft detection.
HeadlinesPDL on petrol raised by 6.22 per litre while cut by the same amount on HSD; Climate Support Levy stays at Rs5, IFEM stands at Rs6.86 for petrol and Rs2.43 for HSD, with OMC margin at Rs7.87, and dealer commission at Rs8.64/litre on both fuels