Islamabad, 5 June 2025: Govt Hires KPMG to chart a comprehensive roadmap aimed at resolving Pakistan’s growing circular debt crisis in the gas sector, a financial challenge that has reached …
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ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet, in a meeting chaired by Finance Minister Muhammad Aurangzeb on Monday, sanctioned a one-year extension of the Rs50 billion sovereign …
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Federal Govt Shows Concerns on Delay in Tariff Determination by Provinces
by Umar Sohailby Umar SohailIslamabad: The federal government has expressed frustration with the Punjab government for delaying the approval process for tariff reductions at two LNG-based power plants in the province, which together have …
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BusinessTop Trending News
Revised Deal With 4 Govt Power Plants to Save Around Rs1.6 Tln
by Umar Sohailby Umar SohailISLAMABAD: The government has formally requested the National Electric Power Regulatory Authority (Nepra) to approve a reduction in power purchase rates from four public sector power plants, potentially resulting in …
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Islamabad: In a move aimed at balancing its trade relationship with the United States and potentially mitigating newly imposed tariffs, Pakistan is actively considering importing crude oil from the US …
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RLNG Prices Surge by Over 5% in April Despite Lower System Losses
by Umar Sohailby Umar SohailISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced an increase of more than 5% in the Regasified Liquefied Natural Gas (RLNG) prices for the month of April 2025, …
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Business
Pakistan Avoids Overloads of Gas Flow by Redirecting LNG Cargo
by Hamza Irshadby Hamza IrshadIslamabad, Mar 15 2025: Pakistan has once again diverted an incoming liquefied natural gas (LNG) shipment originally scheduled for next month, as the country’s gas transmission network faces heightened pressure. …
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Qatar to Invest $10 Billion in India Across Key Sectors to Strengthen Bilateral Relations
by Web Deskby Web DeskIn a landmark move to bolster economic ties, Qatar has committed to investing $10 billion in India across various sectors. The announcement comes after Qatar’s Emir Sheikh Tamim bin Hamad …
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The End of an Era: Russia Halts Gas Flow to Europe via Ukraine Pipeline
by Web Deskby Web DeskOn January 1, 2025, Russia stopped gas exports through Ukraine, a crucial transit route that had powered Europe for decades. This event marks a significant shift in the European energy …
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In a recent development, the Oil and Gas Regulatory Authority (OGRA) officially announced a significant increase in the prices of re-gasified liquefied natural gas (RLNG) for December. The new prices …
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