PM approves summary moved by Oil and Gas Regulatory Authority (Ogra); raise effective from April 1

Ogra sends summary to PM; new prices will be applicable from April 1

Believes it will prove politically disturbing for the government

Refund of Rs14 billion will be passed on in the bill for March 2015 to consumers using less than 300 units per month

Through auto policy, authorities will penalise late delivery

Saudi Arabia, Iran, US and Russia in race to drive energy prices

Directs petroleum, power secretaries to consult with oil minister

Says if Pakistan kicks off work on project today, it will end in 2018

Company is engaged in oil and gas exploration in 31 new blocks, of which 15 are situated in Balochistan

Prime minister directs power ministry to come up with reasons for delay