Pakistan Customs, Tax, Shipping & Business News Resource
MANDALAY: Leading Singapore-based integrated energy company Sembcorp Industries celebrates the official opening of its $310 million Sembcorp Myingyan Independent Power Plant (IPP) of 225 megawatts in Mandalay, Myanmar. Developed, owned…
SINGAPORE: CIMIC Group company UGL, as part of a joint venture, has been awarded a new contract for services on the Woodside Energy Limited operated Karratha Gas Plant (KGP). The…
ISLAMABAD: The meeting of Cabinet Committee on Energy (CCOE) was held, chaired by Finance Minister Asad Umar, here today. The Committee considered various proposals to make recovery on fast track…
ISLAMABAD: Pakistan and Turkmenistan inked the finalized version of the Host Government Agreement on the Turkmenistan Afghanistan Pakistan India (TAPI) Gas Pipeline network in Islamabad on Tuesday. Turkmenistan Government also…
KARACHI: SITE Association of Industry has demanded of the goverment to end gas supply closure for industries on Sundays. President SITE Saleem Parekh said that on every Sunday, gas remains…
KARACHI: Oil & Gas Development Company (OGDC) unveiled its quarter ended December 31, 2018 (2QFY19) profit after tax at Rs30.02 billion (EPS – Rs 6.98) versus Rs19.66 billion (EPS –…
ISLAMABAD: Private gas sector investors are perturbed over unremitting hitches to their investment plans for utilisation of surplus processing capacity of LNG (liquefied natural gas) terminals and setting up of…
KARACHI: Pakistan’s overall electricity generation witnessed a decline of 2.7 percent YoY to 7,764 GWh during January 2019, as compared to 7,982 GWh January 2018. Gas based generation took a…
KARACHI: Pakistan’s Liquefied natural gas (LNG) imports in seven months (July-January 2018-19) stood at $1.97 billion, up 74.68 percent as compared with LNG imports of $1.129 billion in the corresponding…
ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan on Friday said the government had raised the prices of gas following pressure of the IMF and announced to revise the existing slabs to…
ISLAMABAD: The monster of circular debt has been negatively impacting whole energy sector as Managing Director of OGDCL on Monday revealed that this public sector entity was facing severe liquidity…
Qatar, the biggest supplier of liquefied natural gas (LNG) to India, wants the government to consider bringing natural gas in the ambit of Goods and Services Tax (GST). “LNG should…
KARACHI: PTI government has granted licenses for 10 exploration blocks to expedite exploration activities, Federal Energy Minister Ghulam Sarwar Khan said on Friday at Karachi airport. Replacing reserves and maintaining…
KARACHI: Pakistan LNG Limited (PLL) has invited bids from international suppliers for the supply of six liquid natural gas (LNG) cargoes of 140,000 cubic meters each for May-June 2019 on…
ISLAMABAD: Government has decided to conduct an independent audit of the gas billing for December 2018 through external auditors in addition to the inquiry regarding excessive billing already conducted by…
KARACHI: A Gazprom delegation headed by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, paid a working visit to the Islamic Republic of Pakistan today. As part of the…
ISLAMABAD: Pakistan remains fully committed to the successful implementation of the TAPI Gas pipeline project, as it is vital to Pakistan’s energy portfolio and a catalyst for closer regional integration,…
KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has urged the government to resolve the long outstanding issue of Gas and Infrastructure Development Cess (GIDC) in consultation with…
KARACHI: It seems the charm of textile sector exports has ended. Pakistan’s exports, largely dependent on textile and clothing products, have been on downward trajectory for some time, and even…
KARACHI: SSGC tightened its noose on gas thieves by conducting a number of raids during the last few days in its franchise provinces of Sindh and Balochistan. In different raids,…