Gas shortfall: PM orders immediate inquiry against top management of SNGPL, SSGC

ISLAMABAD: Prime Minister Imran Khan has ordered the initiation of an immediate inquiry against the managing directors (MDs) of Sui Northern Gas...

SSGC faces 230mmcfd shortfall of gas

ISLAMABAD: Sui Southern Gas Company has been receiving 1,200mmcfd indigenous gas in December, which was 1,280mmcfd in December 2017. This shortfall of 80...

‘Pakistan can save $8.4bn per annum through power sector reforms’

WB report says almost a fifth of Pakistan’s electricity is lost to poor infrastructure, faulty metering and theft ISLAMABAD: Pakistan's power sector suffers...

Renewable energy policy to be unveiled by March 2019: Power Minister

The power minister stated twenty-one power generation projects founded on Thar coal and hydro were underway for producing affordable electricity in Pakistan

Oil prices rise on Asian stock rally, OPEC-led cuts

International Brent crude oil futures were at $60.86 per barrel at 0543 GMT, up 66 cents, or 1.1 percent, from their last close

PPIB extends deadline of financial close for two CPEC power projects

Similarly, a nine-month extension was granted to the 300MW Gwadar coal-based power project to reach its financial close by August 2019

PIBTL working on setting up LPG import facility at Port Qasim

Port Qasim Authority (PQA) Chairman Asad Rafi Chandna said it was working to develop another natural ship navigation channel

Eleven IPPs contravene merit order, generate electricity using costlier furnace oil

Officials said the IPPs in contravention of the merit order utilized costlier furnace oil in November 2018 instead of the cheaper fuel, which cost the consumers extra money

Landlords found evading taxes, sent notices by FBR

It has come to the fore, that three out of four people who were declaring agriculture as the source of income aren’t paying tax on agriculture income in provinces

Govt mulling to float sukuk bonds for financing circular debt

The sukuk issuance is planned for later this month, subject to the stakeholders reaching an agreement on the terms and conditions

Pakistan’s energy sector asked to adopt EU’s safety regime

KARACHI: It is high time for the oil and gas sector of a developing country like Pakistan to adapt to most updated, stringent,...

Gas crisis grips Karachi as CNG owners announce protest

The CNG associations are all set to protest tomorrow (Wednesday) as the Sui Southern Gas Company (SSGC) has announced to halt gas...

Cabinet approves conditional supply of subsidised gas to CPPs

ISLAMABAD: The federal cabinet, while approving the supply of Rs25 billion worth subsidised gas to export-oriented industry, has imposed a ban on captive...

‘Sin tax’ to increase cigarette pack price by Rs10

The federal government is intending to generate more than Rs70 billion every year from the imposition of ‘sin tax.’ The health ministry has...

‘Govt striving hard to address low gas pressure issue’

ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan said on Tuesday that steps were being taken to rectify the problem of low gas pressure faced...