Stories from Zafar Bhutta
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Oil industry demands 100% hike in margins
Cites impact of keeping inventory, high inflation and borrowing cost
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HEC’s land to be handed to SPD
ECC turns down industries ministry request to review land transfer decision
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Potential Pak-Russia oil deal runs into hitches
Islamabad seeking long-term supplies at a discount
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Millers refuse to pay cotton cess despite subsidies
Cess collection reduced from Rs531.7 million in 2014-15 to Rs207.2 million in 2021-22
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Terminal deal struck at ‘better price’
Abu Dhabi Ports will invest $102 million over five years
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PM aide seeks halt to agri-subsidy
ECC asked not to provide more funding unless dues settled by Balochistan
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NEPRA indicates another tariff hike of Rs1.9
DISCOs’ consumers will pay Rs22.6b; KE tariff will also rise by Rs1.45 per unit
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Indian oil refining claims rubbished
PRL MD dismisses talk of oil processing in India before shipment to Pakistan
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Approval for re-exporting removed
Oil industry players will now only need to inform OGRA 15 days prior
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Petrol price may be slashed by Rs6.48 per litre
Diesel rate, however, likely to surge by Rs13.84