Stories from Zafar Bhutta
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900MW power plant awaits gas supply
Petroleum Division asks ECC to issue guidelines for notifying gas sale price
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LNG terminal only 70% utilised
Petroleum Division calls for expanding terminal’s capacity to satisfy demand
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Petrol stocks reach record high
High prices, lower consumer demand lead to rapid increase in inventory
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Govt set to appoint MDs of energy firms
Petroleum Division says heads of four energy companies will be hired in 1-3 months
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OGRA cuts payment to gas producers
Insists decision encourages producers to timely apply for wellhead gas price notification
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Oil storages of power producers empty: OCAC
Lobby asks govt to direct IPPs to buy furnace oil from refineries, OMCs
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Closed LPG plant may get gas supply
CCOE also issues directives for facilitating private sector in LNG import
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Refineries mull oil export
Say absence of HSFO demand forcing them to shut down plants
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Petroleum Division revises policy draft
Proposes restriction on dividend payment by refineries from reserve account
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Refineries warn of lower oil output
Say power sector’s reluctance to lift furnace oil will lead to reduction in petrol, diesel output