Stories from Zafar Bhutta
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For oil crisis: Petroleum Division, OGRA refuse to take blame
Pass responsibility onto each other to ensure OMCs keep 20 days of stocks
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Petroleum division asks cabinet body to decide on London case
Legal experts says no consequential losses allowed in LNG terminal contract; $71 million claim will fail
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PTI govt asked to audit fuel stock
Risk to sensitive oil supply chain threatens country’s energy security
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Pakistan’s installed power capacity soars
Increase will aggravate woes as most power plants will remain idle due to low demand
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Govt slashes subsidy budget by 23% for FY21
Allocates Rs209 billion; power sector will bear the major reduction
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Covid-19 shock may increase Pakistan's debt-to-GDP ratio
It will be mainly due to sharp decline in economic growth, increase in budget deficit
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SSGC fails to reduce UFG losses
Company performance marred by hiring on key posts on political grounds
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NBP looks to raise capital in Bangladesh operations
Seeks govt approval for remitting $10.9m on condition of partially closing branches
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Inquiry into telemetry system directed
Directive comes after cancellation of soft loan by World Bank
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PTI govt to sell dead assets of energy sector
Forms think tank to identify Covid-19 impact on E&P sector, suggest ideas