Stories from ZAFAR BHUTTA
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$430m US crude deal struck
In private sector transaction, Pakistan will import 6m barrels of WTI oil
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Govt shelves proposal to revoke APL agreement
Decides to opt for alternative use of strategic petroleum pipelines
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Power sector: too many regulators
Despite web of institutions, sector remains financially, operationally weak
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Rs92bn circular debt drives push for integrated energy plan
Steering committee, data system approved as OGDC gets Rs7.7b circular debt payment
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Airport moved to privatisation list
Govt shelves Islamabad airport outsourcing plan as talk with UAE stall
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Cabinet expects more investment after PIA sell-off
Notes privatisation recognised globally owing to high-level transparency
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Consortium seeks nod to complete CAREC road project
ADB voices concern $360m loan could lapse if work is not expedited
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Pakistan introduces first-ever cannabis regulatory policy to curb misuse, boost economy
Policy envisages regulated plant cultivation, derivatives manufacturing for medicinal, industrial use
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Leghari rejects NEPRA circular debt figures
Energy minister calls regulator's report misleading, says circular debt reduced from Rs2.4tr to Rs1.6tr
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E&P firms seek release of Rs1.5tr dues
Ask govt to intervene, say financial strain forcing them to scale back uplift projects









