Stories from Zafar Bhutta
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POL prices slashed by as much as Rs14 per litre
Following the cuts, the price of petrol has come down to Rs78.28 per litre from Rs84.53 per litre
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Power companies: Higher earnings – success achieved with tariff increase
Steps undertaken, however, fail to curb losses, improve transmission.
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Burdening: No power but consumers to pay Rs1.2 billion
ECC agrees to divert gas from 412MW Rousch Power to textile industry.
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Iran asks Pakistan to hire third party for payments
Delegation likely to arrive soon to finalise alternative plan for gas pipeline.
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Russian economy: Slowdown could stymie investment plans
Pakistan may lose billions of dollars of investment offers from Moscow
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PSO unable to pay: Banks block Rs93b worth of LCs for oil import
Company fears supply chain disruption, seeks release of Rs46b.
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Major defaulters: NAB to be engaged in making power sector recoveries
Distribution companies continue supplies despite unpaid bills of Rs375b.
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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.
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Ties triumph: Pakistan, Russia ink $1.7b energy deal
Under the agreement, Moscow will lay an LNG pipeline from Karachi to Lahore.
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Oil price plunge: Solace for consumers, anxiety for govt
Fear lurking that foreign fund inflows, exports may slow down.









