Stories from Zafar Bhutta
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LNG import: As Qatar seeks high price, Pakistan turns to Algeria
Matter will come up for discussion in JMC meeting beginning today.
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Electricity: Govt enhances consumption limit of subsidised consumers
Subsidy may be footed by govt, or passed on to other consumers.
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Ministry seeks approval for $100m PPL investment in Iraq
This comes despite unclear fate of company’s investment in Yemen.
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Lack of opportunities at home; PPL shifts focus to Iraq
Company plans to make $100m investment in joint venture.
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The switcheroo: Instead of Iran, import power from Central Asia, says US
Washington wants Islamabad to forego gas imports for power generation and rely on direct electricity imports.
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Centre distances itself from Reko Diq dispute
Wants Balochistan to pay damages if court rules in company’s favour.
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IP gas pipeline: Russia agrees to financial and technical assistance
Due to US pressure, Pakistan may accept technical assistance only.
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Populist economics: Gas companies likely to surpass revenue targets
SSGC and SNGPL ask OGRA to decrease gas prices for consumers.
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Distributing responsibility: Provinces spurn inefficient power distributors
Punjab proposal to take control of DISCOs rejected by other federating units.
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Retraction: Petrol price slashed by Rs2.23, CNG by Rs1.95
Petroleum ministry favours daily workout of prices.
