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Rs70b spent on LNG subsidy
Fertiliser producers have received imported gas at discounted rates since 2018
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Consumers brace for gas outages
Gas may be supplied for only 8 hours a day on SNGPL’s network in December
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Gas prices to be increased
SNGPL seeks increase of Rs488.08 per mmbtu in its average prescribed price
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Sales tax on luxury fuel in the offing
Govt aims to collect Rs9 billion in taxes annually
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OGRA opens LNG imports, sales to private sector
Govt’s involvement in LNG business caused circular debt to balloon to alarming levels
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$6 per barrel extra premium being charged
Petroleum division proposed adoption of mechanism for settlement of actual premium to ensure supply/import security
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Pakistan eyes LNG purchase as prices dive
Price fall at start of winter a welcome relief for gas consumers
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Rs0.51 per unit tariff hike for KE consumers
It comes under quarterly adjustment; govt absorbs around Rs3 per unit in form of subsidy
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Govt mulls royalty holiday for E&P firms
Incentive being planned to encourage offshore drilling for oil, gas reserves
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PSO to recover Rs594b in circular debt
Dependence on expensive LNG continues to trap utilities