Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The State of the Regulated Petroleum Industry Report FY 2018-19 issued by Oil & Gas Regulatory Authority (OGRA) has estimated Pakistan’s gas demand to surpass 7.0 billion cubic feet/day…
The National Financial Literacy Program (NFLP) of the State Bank of Pakistan (SBP) completed its third year at the end of FY20 with all the targets surpassing for the fiscal…
KARACHI: Chairman Businessmen Group (BMG) & Former President KCCI Siraj Kassam Teli and President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan have appealed Prime Minister Imran…
This will ensure cheap fuel supply, Station owners: Karachi: Petroleum stations owners and dealers have urged the Government to regulate the rates of petrol. Malik Khuda Bakhsh, Leader of Station…
KARACHI: National Electric Power Regulatory Authority (NEPRA) has taken notice of the news appearing in media regarding excessive and un-announced load shedding by K-Electric in Karachi. Besides, it has come…
The All Pakistan CNG Association (APCNGA) on Wednesday rejected the move by the SNGPL to increase the price of natural gas terming it unacceptable as it will damage the fragile…
KARACHI: The federal budget 2020-21 has proposed 57 percent reduction in subsidy to K-Electric consumers for the upcoming year to Rs 25.5 billion compared with Rs59.5 billion allocation for the…
KARACHI: The liquid petroleum gas (LPG) supply and distribution infrastructure attracted an investment of Rs3.72 billion during July-March 2019-20, as LPG marketing companies are undertaking expansion, Economic Survey of Pakistan…
Karachi: The greater and safe consumption of Liquefied Petroleum Gas (LPG) in a country like Pakistan has emerged as the best fuel option related to the everyday life of poor…
Karachi: Electricity demand, which has tanked due to industrial slowdown, may never go back to pre-COVID-19 levels, and recovery will not be visible before 2022, said Zubair Mahmood, Lead Policy…
KARACHI: High official’s delegation from K-Electric, led by Director External Affairs Asmer Naeem, visited SITE Association of Industry, and had meeting with office bearers of the Association to discuss issues…
Karachi: On behalf of Oil Marketing Companies (OMCs) & Refineries operating in Pakistan, Oil Companies Advisory Council (OCAC) would like to inform that current stocks of Petrol (Motor Gasoline) are…
KARACHI: National Electric Power Regulatory Authority (NEPRA) has approved a tariff at Rs15.8463/kWh for Gul Ahmed Energy’s 136.17 MW furnace oil based power plant, for an extended three-year period effective…
Karachi: K-Electric (KE) held its 109th Annual General Meeting (AGM) – FY 2019 in Karachi. With the on-going COVID-19 pandemic, the utility’s AGM was hosted virtually for the first time.…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has taken notice of the public concerns and complaints regarding the shortage of petroleum products in country and initiated an enquiry to see…
KARACHI: Rapid rise in temperatures and increased industrial and commercial activities due to the easing lockdown has caused power demand to peak at 3200 MW. While K-Electric is maximizing its…
KARACHI: Oil and Gas Regulatory Authority (OGRA) has served Show Cause Notices (SCNs) on six oil marketing companies (OMCs) for fuel shortage at their retail outlets. OGRA spokesperson Imran Ghaznavi…
KARACHI: Oil Marketing Companies (OMC) sales during the month of May 2020 witnessed an increase of 39 percent with the major contributor being Furnace oil (FO), numbers issued by Oil…
The All Pakistan Petroleum Retailers Association has demanded a detailed probe into nationwide fuel shortage and asked the authorities to fix the responsibility. All the oil companies except PSO delayed…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has prepared a draft competition assessment study of the LPG Sector in Pakistan with solid recommendations for the government to introduce policy reforms,…