Petroleum Division

Energy minister says only legitimate demands will be accepted; summary of increase in margin submitted to ECC

Petroleum Division says refineries invested Rs200b in projects

All Pakistan LPG Distribution Organization not invited to the moot

Petroleum Division discusses pricing mechanism for local gas and LNG with provincial ministers

Petroleum Division also suggests price deregulation, subsidised LPG supply to poor

Rise comes on back of rupee depreciation, higher sales, surge in finance income

Petroleum Division proposes SSGC may consider resuming natural gas supply to JJVL

Energy secretary insists any disparity in pricing structure being addressed

Agreement for provision of oil on deferred payments per annum expired two months ago

Move aimed at addressing volatility in petroleum product prices

Seeks consent of Council of Common Interests to take provinces on board

Petroleum Division seeks approval for Rs73b recovery from RLNG consumers

Pass responsibility onto each other to ensure OMCs keep 20 days of stocks

OGRA says fuel is being sold at higher than actual cost

OGRA asks petroleum division to convene urgent product review meeting

Petroleum Division seeks approval for import from first week of June

SNGPL suffers Rs73b shortfall due to supply of expensive gas to consumers

Economic Coordination Committee set to take decision in meeting on Saturday

Petroleum Division says sales are expected to increase due to drop in prices

Imran Khan-led govt allows refineries to import commodity to meet growing demand due to harvesting season

PTI govt directs OMCs, refineries to cancel import orders for petrol and crude oil

Earlier, Petroleum Division held talks on reducing the return, UFG ceiling

Petroleum Division engages in consultation to cut UFG level, return on assets for gas utilities

PTI govt working on options to reduce prices of gas, petroleum products

Suggests increase of Rs2.47 per litre in price of diesel

PTI govt may not hike gas tariffs for domestic consumers, ECC told

Reduction will lead to Rs360-400/bag decline in urea prices

GIDC applicable to fertiliser producers was cut by Rs400 per bag

ECC discusses summary to increase gas prices, defers matter till next meeting

It remains unclear what is the export destination

SSGC to start MD hiring process afresh after failing to attract competent people

Petroleum Division floats proposal to eliminate Rs181b circular debt in gas sector

Islamabad, Moscow discuss joint projects for developing oil, gas fields

Believes other sectors will take delivery of unconsumed imported gas

These filling stations will now run on imported LNG

Despite Pakistan’s requests, Russia unable to provide firm free from US sanctions for the project

Earlier, ECC had decided cost of gas, power supply to SEZs will be met through PSDP

Say OMCs, dealers are seeking higher margins on petrol and diesel sale

Secretary says if LNG is taken out of system, energy crisis will emerge again

Finance Division could not release amount for March-June FY19

Petroleum Division asks them to produce quality fuel that meets needs of new model vehicles

Will seek ECC’s approval for laying Gwadar and North-South pipelines

Fund will be used to supply energy to captive power plants at subsidised rates

Also approves decrease of Rs6.37 per litre in price of high-speed diesel

Oil prices to stay same; to be reviewed next week by the caretaker setup

Asks them to suggest safe limits for metal content in motor gasoline

Power producers have to pay PSO Rs195.5b for fuel supplies