Stories from Zafar Bhutta
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Refineries reluctant to deposit deemed duty in Escrow accounts
Also fail to obey govt’s directives to upgrade their plants to comply with Euro II standards.
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Calling it a day: Canadian oil and gas firm decides to quit Pakistan
Low gas price is said to be a key reason for winding up company.
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Petroleum products: OMCs, dealers may continue collecting high margins
Study aimed at finalising margins remains incomplete after three months.
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TAPI pipeline: Project participants, ADB fail to agree on advisory fee
Bank cautions project cost can rise past $10b from estimates of $7.5b.
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SECP report rules out insider trading in SSGC, SNGPL shares
Report assesses trading pattern of investors before and after increase in UFG.
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Curbing circular debt: Power tariff may go up by Rs2 per unit this month
The increase will affect commercial and industrial consumers.
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Safety hazard: As a precaution, OGRA stops gas supply to 350 CNG stations
Stations were operating in residential areas and posing a threat to people’s safety.
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Ogra stops gas supply to 350 CNG stations located in residential areas
Other officials of Ogra said that the licenses of these CNG stations would also be revoked.
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Water & power ministry: Crackdown ordered against ‘corrupt officials’
Twenty vehicles recovered from junior officials who were on deputation.
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Govt to lease fuel storage, delivery facilities to PSO
Move to tackle $200m worth of oil theft in power companies.









