Pakistan likely to ask Iran to waive penalty and cut gas price.

Says refineries have failed to modernise plants with the help of this levy.

Iran may be asked for assurance it will not use proceeds for N-proliferation.

Domestic manufacturers argue they are now producing more than the demand.

Govt would bear a subsidy of Rs2.8b.

Seek incentives, use of coal as fuel for power co-generation projects.

Govt seeks to renegotiate gas price, construction contract in talks with Tehran.

Agrees to provide technical assistance in energy efficiency appraisal.

Industry demands state withdrawal from pricing mechanism.

Islamabad has been facing a delay in the IP project as the government failed in securing funds for the project.