Mari Energies secures government approval for gas supply to three fertiliser plants
Approved gas allocations include 104 MMscfd for FFC (Port Qasim), 68 MMscfd for Fatimafert, and 50 MMscfd for Agritech
Low electricity demand to affect LNG imports, Petroleum Division to divert nine surplus cargoes to domestic sector
Power Division's inability to use additional LNG cargoes could force diversion to domestic sector, adding pressure to Pakistan's gas circular debt, which has surged to Rs3,200 billion
Mari’s production expansion to boost fertilizer sector
A steadier supply of domestic gas will allow the sector to have more consistent production schedules than has been the case historically
Nepra approves revised uniform tariff for FY 2025-26 amid industry concerns
New tariff set at Rs 31.59/kWh, a reduction from Rs 32.73/kWh; concerns raised over impact of tariff changes on industries and continued reliance on government relief
Why did the Pakistani govt increase fuel prices, despite a drop in global oil price?
Recent fuel price hikes have left many scratching their heads as global pressures settle down
Pakistan’s refinery crisis is a six billion dollar gamble on energy security
When good intentions meet fiscal reality, everything is not guaranteed to go right
How do petrol pumps make money?
After all of the hullabaloo surrounding the increase in margins, how does the petrol pump business model even work?
Pakistan’s mystery billionaire
“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him in the...
Power demand shrinks 3.6% in FY25 due to tariff hike, weak industry
Electricity consumption in Pakistan declined by 3.6 percent during the first nine months of the ongoing fiscal year, reflecting the impact of elevated tariffs,...
Retiring circular debt: Govt to obtain Rs55b loan from commercial banks
Islamabad: The government will be borrowing an additional Rs55b from commercial banks to pay off the outstanding dues of IPPs and Pakistan State Oil...
Petrol, diesel prices slashed by Rs2 for April 2018
ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for the month...
What happened to Hascol at the Sindh High Court?
A recent mistake by the execution branch of the Sindh High Court has brought the case of a debt owed by Hascol to MENA Energy back into the limelight. The details raise more questions than answers
Electricity price in Pakistan to rise by 25% over next 8 years, says power division forecast
Average tariff expected to hit Rs29.70/unit by 2034 due to currency devaluation, impacting industrial competitiveness and consumer costs; shift towards cleaner energy sources may help reduce price pressures
A brief history: The rot in our DISCOs
Something is seriously wrong with how power distribution works in this country and the DISCOs are at the heart of it
FIA clears six names in Hascol scam. But on what grounds?
Re-investigation has given a clean chit to six persons including a close companion of Ishaq Dar.Â
