Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: The Competition Commission of Pakistan (CCP) has embarked on a Competition Assessment of the Insurance Sector. This study is being conducted under the IMF’s Public Investment Management Assessment (PIMA)…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has given the green light to two mergers, paving the way for Foreign Direct Investment (FDI) and the potential mitigation of Pakistan’s gas…
KARACHI: The Federal Government has notified Business-to-Business (B2B) Barter Trade Mechanism 2023, which allows export and import of goods under B2B barter trade. The barter trade facility under this Order…
Islamabad: The Oil & Gas Regulatory Authority on 18th of May 2023 conducted the 1st Session of the knowledge sharing Webinar on LNG. The participants included Ministry of Energy, Engro…
SBP would like to clarify some misinformation being spread in the media that the import of oil and petroleum products has been restricted by it. It is clarified that SBP…
KARACHI: Customs Intelligence & Investigation Karachi (I&I Karachi) has served a Contravention Report against M/s Shahzad Oil & Gas Exploration Company and M/s Your Choice Services for evasion of duty…
The business community has demanded of the government to immediately withdraw additional taxes and duties imposed of import of LNG otherwise it will result in the closure of CNG stations,…
CNG industry informed Energy Minister on Thursday that 100 mmcfd LNG import would led to reduction in annual import bill of Rs 80 billion. In addition, it will reduce the…
Nadeem Babar promises to consider tariff reduction request from next month: KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, while terming…
Karachi: The first Liquified Natural Gas (LNG) terminal of Pakistan operated by Engro Elengy Terminal (EETL), a joint venture between Engro Corporation and Royal Vopak of the Netherlands, has set…
The All Pakistan CNG Association (APCNGA) on Monday said the government is promoting CNG to reduce urban pollution, cut oil import bill and increase employment. The government has taken a…
KARACHI: Pakistan GasPort Consortium Limited (PGPCL), which owns LNG storage and regasification terminal at Port Qasim, has received ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications by Bureau Veritas Certification…
Islamabad: Excelerate Energy L.P. (Excelerate) and Engro Elengy Terminal Ltd (EETL) have signed a Heads of Agreement (HOA) for the expansion of the EETL liquefied natural gas (LNG) import terminal…
KARACHI: Pakistan LNG Limited (PLL) has shortlisted PetroChina International Singapore for supply of, 140,000 cubic meters LNG cargo to be supplied in February 2020. PetroChina International Singapore offered the price…
KARACHI: Pakistan LNG Limited (PLL) has shortlisted Gunvor Singapore for supply of four of five LNG cargoes, 140,000 cubic meters each, to be supplied in January 2020. Gunvor Singapore offered…
PARIS–(BUSINESS WIRE)–As part of its strategy to develop new gas markets, Total, the world’s second-largest LNG player, expands its partnership with the Adani Group; the largest energy and infrastructure conglomerate…
DOHA: Qatar Gas Transport Company (Nakilat) has issued the supplementary disclosure on the acquisition transaction by its subsidiary Nakilat Marine Services Limited in accordance with the merger and acquisition system…
MOSCOW: HMS Group announced today that the company and PAO NOVATEK signed a Memorandum on strategic partnership, which aims the further development of mutual cooperation in a field of design…
KARACHI: Universal Gas Distribution Company (UGDC) and leading Singapore based Commodity Multinational, Trafigura have reconfirmed their cooperation agreement for the terminal capacity and supply of LNG to UGDC. Trafigura has…
KARACHI: ExxonMobil has inked a gas supply deal with Pakistani energy company Universal Gas Distribution Company (UGDC), according to which commercial import of LNG by private sector would commence for…