7th JCC meeting details revealed by Chinese diplomat

Karachi: The beans have been spilt, as a full list of several projects and agreements finalized during 7th Joint Cooperation Council (JCC)...

Coal’s share to jump to 24 pc in the energy mix: FPCCI

ISLAMABAD: The Businessmen Panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday said commercial production of electricity...

Govt to sign state-to-state deals for LNG supplies

LAHORE: The incumbent government has decided to sign state-to-state supply deals with energy-rich countries for procurement of cheaper LNG supplies. This decision comes...

Sindh demands adequate representation on board of new split-up gas companies

ISLAMABAD: In a breakthrough of proposed splitting up of gas distribution companies, the Sindh government has given its conditional nod given provinces...

Hascol’s profit after tax rises 10.8pc YoY

LAHORE: In a notification to the Pakistan Stock Exchange (PSX) on Tuesday, Hascol Petroleum Limited declared its financial results for the year ended...

Nepra establishes five-member team to investigate K-Electric affairs

ISLAMABAD: National Electric Power Regulatory Authority on Tuesday formed a five-member team to probe K-Electric affairs, it said in an announcement. Taking the...

CPPA plea to reduce tariff for electricity purchased from sugar mills rejected by Nepra

ISLAMABAD: A Central Power Purchasing Agency (CPPA) plea to reduce tariff for electricity purchased from sugar mills has been rejected by National...

LCCI for advanced power transmission, distribution system

The LCCI President Malik Tahir Javaid said that country has witnessed some massive power shutdowns that have plunged the country into darkness.

Cost effective gas supply ensured for all consumers : PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbassi has said that the government has ensured cost-effective and efficient supply of gas to all the...

Previous government approved surcharges to pay off power sector liabilities

During the ECC meeting, it was proposed Rs50 billion should be obtained in loans from commercial banks to be arranged via Government Holdings Private Limited (GHPL)

Neelum Jhelum project’s power intake system completed

ISLAMABAD: The Power intake system of Neelum Jhelum Hydropower Project at dam site has been completed with the operationalisation of the third...

NEPRA takes up periodic PPP adjustment of six DISCOs Friday

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) is set to take up on Friday the periodic adjustments on account of power purchase...

LNG is the future and only option to save foreign exchange for Pakistan: Iqbal Z Ahmed

By 2020, it is anticipated the country’s LNG imports will rise to 30 million ton

Engro needs a year for next LNG import terminal decision

Royal Dutch Shell, trading house Gunvor and local company Fatima are partners in Engro’s second planned terminal which would be located at Port Qasim with a Floating Storage and Regasification Unit (FSRU) vessel processing the gas

Oil up 1 percent on OPEC cuts, hopes of easing Sino-U.S. trade tensions

International Brent crude oil futures were up 66 cents, or 1.1 percent, at $61.84 per barrel