Govt will either raise price by Rs60.54 or enhance subsidy to maintain rate

Industry needs more financing for oil imports as prices surge in global market

Energy firms under financial stress, struggle to get outstanding dues cleared

Premier rejects summary for doing away with growing price differential claims

DG Petroleum Concession demands undertaking ahead of transfer of Eni assets

Amount received under price differential claims; another Rs11.7b will be released

Money will be used to clear claims of state-owned utilities

Price hike will be under fuel cost adjustment for February

Officials allege traders are misusing incentives to inflate profits

Plans to impose infrastructure levy of Re1 per litre to generate Rs354b, build reserves