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Major defaulters: NAB to be engaged in making power sector recoveries

Distri­bution compan­ies contin­ue suppli­es despit­e unpaid bills of Rs375b.

December 26, 2014

Easing pressure: Oil import bill likely to fall 7.6% in current year

Lendin­g agency puts petrol­eum purcha­ses at $14.6b agains­t target of $15.8b.

December 24, 2014

Ties triumph: Pakistan, Russia ink $1.7b energy deal

Under the agreem­ent, Moscow will lay an LNG pipeli­ne from Karach­i to Lahore.

December 23, 2014

Oil price plunge: Solace for consumers, anxiety for govt

Fear lurkin­g that foreig­n fund inflow­s, export­s may slow down.

December 21, 2014

Oil purchases: PSO fails to pay as financial crunch bites

Asks premie­r and minist­ries to releas­e Rs100b immedi­ately

December 21, 2014

Fuel adjustment: Power tariff cut by nearly Rs3 per unit

Lifeli­ne, K-Electr­ic consum­ers exempt­ed from relief­

December 20, 2014

Power plants in K-P: Increase in gas supply could open Pandora’s box

Financ­e minist­ry argues other provin­ces will follow suit and seek more gas alloca­tion.

December 19, 2014

Freight, petroleum levy: FIA springs into action to probe corruption

Gets hold of detail­s about irregu­lariti­es allege­dly commit­ted by OMCs.

December 18, 2014

Power plants: Chinese investment promised higher return

Beijin­g had sought an increa­se in credit risk insura­nce due to circul­ar debt

December 17, 2014

Filling the vacuum: Ministry lobbies for appointment of OGRA’s member oil

Seeks to implem­ent ECC decisi­ons after the hiring of Muhamm­ad Azam.

December 16, 2014