Finance ministry unable to provide sovereign guarantees to LNG suppliers.

An average increase of 16% in tariff in a desperate move to minimise power subsidy.

Tehran rejects Pakistan’s wheat, demands cash for urea supply.

Demand was prompted by Tehran’s threat to block main supply channel.

Collection of petroleum levy, GST on oil products rises 16.6%.

Power ministry proposes waiving penalty, paying full capacity charges; finance ministry refuses.

Oil marketer asked to open letters of credit for getting deliveries.

Move, if approved, will pave the way for increase in tax rates to finance IP pipeline.

Power tariff to be increased by Rs1.20 per unit soon.

Will provide Rs78.2b for power projects, PEPCO to arrange another Rs86.03b.