Stories from Zafar Bhutta
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As demand falls, ministry stops import of additional LNG cargoes
LNG terminal may remain under-utilised; terminal fee may go up
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Beating others, KE reduces T&D losses substantially
Receivables of distribution companies stood at Rs729.88b at the end of June 2017
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Government likely to keep oil prices unchanged
May put responsibility of price revision on incoming government
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Incentives worth $1.6b approved for new coastal refinery in Balochistan
UAE firm will set up, invest $5b in the 100,000-bpd refinery in Hub
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As fuel cost rises, NEPRA increases power tariff by Rs0.50 per unit for June
Overall, consumers will bear an additional burden of Rs6.5 billion
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Banks refuse to lend further for circular debt reduction
Say debt of govt’s holding company has already swelled to Rs550b
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Govts come and go, but power-sector challenges still there
New govt will have to improve transmission and distribution, control debt
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Dutch firm takes 29% stake in Engro’s Elengy Terminal for $38m
Engro will reinvest sale proceeds with focus on agriculture, renewable energy and technology
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A handsome Rs260m collected for dams
Wapda chief says foreign banks being contacted to raise $2bn from external financiers
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PEPCO begins inquiry into Rs350m scam
Scandal surfaced after IESCO officials made excessive payments to contractors









