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Wasim Iqbal

POL prices remain unchanged
Print

POL prices remain unchanged

The federal government has decided to maintain the prices of petroleum products for the months of October and refused to pass on relief to general public, recommended by Oil and Gas Regulatory Authority (Ogra). In a late night press release, Finance Divis
Published 01 Oct, 2019 12:00am
POL prices remain unchanged
Print

POL prices remain unchanged

The federal government has decided to maintain the prices of petroleum products for the months of October and refused to pass on relief to general public, recommended by Oil and Gas Regulatory Authority (Ogra). In a late night press release, Finance Divis
Published 01 Oct, 2019 12:00am
OGRA notifies increase in LPG prices
Print

OGRA notifies increase in LPG prices

The Oil and Gas Regulatory Authority (OGRA) has notified an increase in the prices of domestic 11.8kg liquefied petroleum gas (LPG) cylinder by Rs 147.87 and commercial cylinder by Rs 569 for October. In monthly review, the OGRA notified increase in price
Published 01 Oct, 2019 12:00am
Up to 2.5 percent cut in POL products for October likely
Print

Up to 2.5 percent cut in POL products for October likely

Oil and Gas Regulatory Authority (Ogra) on Friday recommended up to 2.5 percent reduction in the prices of petroleum products for October 2019. In a monthly review of the month, Oil and Gas Regulator has recommended slashing motor spirit (MS) price by Rs
Published 28 Sep, 2019 12:00am
Up to 2.5 percent cut in POL products for October likely
Print

Up to 2.5 percent cut in POL products for October likely

Oil and Gas Regulatory Authority (Ogra) on Friday recommended up to 2.5 percent reduction in the prices of petroleum products for October 2019. In a monthly review of the month, Oil and Gas Regulator has recommended slashing motor spirit (MS) price by Rs
Published 28 Sep, 2019 12:00am
CNG sector allowed to use surplus LNG capacity
Markets

CNG sector allowed to use surplus LNG capacity

The government has allowed compressed natural gas (CNG) sector to utilize LNG surplus capacity to maintain CNG price below petrol price and reduce per day capacity charges to LNG terminals. Universal Gas Distribution Company (UGDC) owned by CNG sector wil
Published 27 Sep, 2019 12:00am
CNG sector allowed to use surplus LNG capacity
Markets

CNG sector allowed to use surplus LNG capacity

The government has allowed compressed natural gas (CNG) sector to utilize LNG surplus capacity to maintain CNG price below petrol price and reduce per day capacity charges to LNG terminals. Universal Gas Distribution Company (UGDC) owned by CNG sector wil
Published 27 Sep, 2019 12:00am
AGP's report: PD failed to make 'appropriate' rules under GIDC law
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AGP's report: PD failed to make 'appropriate' rules under GIDC law

Auditor General of Pakistan held the Petroleum Division responsible for failure to make appropriate rules under the Gas Infrastructure Development Cess (GIDC) Act 2015 which accounts for the non-realization of principal and late payment surcharge on GIDC
Published 21 Sep, 2019 12:00am
AGP's report: PD failed to make 'appropriate' rules under GIDC law
Print

AGP's report: PD failed to make 'appropriate' rules under GIDC law

Auditor General of Pakistan held the Petroleum Division responsible for failure to make appropriate rules under the Gas Infrastructure Development Cess (GIDC) Act 2015 which accounts for the non-realization of principal and late payment surcharge on GIDC
Published 21 Sep, 2019 12:00am
GIDC levy: SC to hear 107 petitions from today
Print

GIDC levy: SC to hear 107 petitions from today

A three-member special bench of the Supreme Court (SC) will start hearing 107 pending petitions regarding Gas Infrastructure Development Cess (GIDC) levy, from today. Attorney General for Pakistan Anwar Mansoor Khan on behalf of the federal government on
Published 19 Sep, 2019 12:00am
GIDC levy: SC to hear 107 petitions from today
Print

GIDC levy: SC to hear 107 petitions from today

A three-member special bench of the Supreme Court (SC) will start hearing 107 pending petitions regarding Gas Infrastructure Development Cess (GIDC) levy, from today. Attorney General for Pakistan Anwar Mansoor Khan on behalf of the federal government on
Published 19 Sep, 2019 12:00am
Controversial GIDC ordinance withdrawn
Print

Controversial GIDC ordinance withdrawn

The federal government on Wednesday decided to withdraw the Gas Infrastructure Development Cess (Amendment) Ordinance 2019, which was promulgated by President Arif Alvi. A statement issued by the Prime Minister's Office stated that "in view of the recent
Published 05 Sep, 2019 12:00am
Controversial GIDC ordinance withdrawn
Print

Controversial GIDC ordinance withdrawn

The federal government on Wednesday decided to withdraw the Gas Infrastructure Development Cess (Amendment) Ordinance 2019, which was promulgated by President Arif Alvi. A statement issued by the Prime Minister's Office stated that "in view of the recent
Published 05 Sep, 2019 12:00am