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Petroleum Ministry considers giving oil companies control over fuel pricing, with daily price changes expected
Finance ministry pushed the PM to take back the previous notification
Petrol reduced by Rs4.74; HSD by Rs3.84/litre
Prices of petrol and diesel likely to be reduced by Rs5.50 per liter and Rs4.30 per liter respectively
OGRA revises tariff while determining revenue requirements of public utilities
Committee is meeting today to consider request for extension in deadline
HSD price reduced by Rs7.88 per litre
HSD tariffs also reduced by Rs8.42 per litre as per the recommendation by OGRA
Unite against OGRA’s proposal, fear hyperinflation and mass exploitation
Illicit oil trade, price deregulation may put plant upgrade plans in jeopardy
Baloch said this initiative was currently being kicked off in Karachi and Lahore
Govt says prices increased in view of rising prices in international market
Urges OGRA to revert to old methodology that considered prevailing dollar rate
Expensive RLNG to be diverted to the domestic sector in a bid to alleviate the gas crisis
All imports are conducted via Letters of Credit, ensuring compliance with banking standards
Directs federation, OGRA and SSGC to submit written arguments till March 14
Provinces reluctant to pay cost of subsidised LNG supply to fertiliser plants
Question that rises here is whether there is workable technological solution to avoid gas, electricity
Residential gas prices up 67%; subsidy to fertiliser plants goes; POL process rise up to Rs8.37
Move aims to streamline trade processes, involves amendments to Customs Rules, 2001
Raises limit on withdrawal from escrow account
Allows raise in tariffs for consumers of SNGPL, SSGC respectively by 35.13% and 8.57%
ECC decides to recover additional Rs17b from domestic gas consumers to subsidise fertiliser plants
Diesel rate also goes up by Rs2.75 for Feb 1-5 fortnight
OGRA announces decrease of 7.81% in RLNG price effective retrospectively from Jan 1, 2024
It will arrive in February to meet country’s growing energy needs
Price of high-speed diesel remains unchanged
OGRA conducts public hearing,reserves verdict
Business leaders demand policy over borrowing, urge govt to slash gas tariffs
OGRA writes letters to oil industry, asking it to switch to new mechanism
ECC decides to recover local, imported gas price difference from urban consumers
Argues Sui gas companies should switch over to fixed margins
Agreement will help enhance refining capabilities, clean fuel production
OGRA, refineries yet to develop consensus on incremental revenue clause
Owners given 48 hours to remove flammable containers
This crackdown came as a response to complaints from the public
Diesel cost up by Rs7.5 per liter for next fortnight on OGRA's request, announces Dar
Regulator determines revenue requirements of gas companies for FY 2023-24
Price increase not applicable to domestic consumers who use 50 cubic metres of gas
SNGPL allowed to increase rate by 74.42%, SSGC by 67.75%
Reduces HSD rate by Rs7.50 per litre
OGRA denies auditors’ findings, cites 2022 Ordinance
Ogra recommends 45% increase in gas prices for consumers of the SNGPL and the SSGCL
Seeks details of IPPs pacts; expresses concern over rising power rates
PM Shehbaz blames his predecessors for prolonged load-shedding, fuel shortage at plants
Two LNG import cargoes cancelled, NA panel on Petroleum told
Ogra reduces LPG prices by Rs14 per kg
OGRA sources say summary will be sent to Petroleum Division on Oct 30
Petrol to be sold at Rs137.79; diesel Rs134.48 per litre
Highlights criteria for the post changed to benefit a ‘favourite candidate’