NEPRA revises tariff under fuel price adjustment formula

Petroleum ministry also seeks go-ahead for regulating LPG prices.

Such technology is feared to pose health and environmental risks.

Needs Rs32b immediately to make payments to fuel suppliers.

Suggests government should set imported LNG price for consumers .

USAID provides $1.8m in technical assistance for conducting study.

Pakistan plans to award oil and gas block on strategic partnership basis

Some board members of the company expected to oppose payment

Policy draft to be presented to CCI for approval.

Sends case to Federal Public Service Commission for recommendation.