Wasim Iqbal

Government may endorse Ogra's suggestion of increasing gas price
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Government may endorse Ogra's suggestion of increasing gas price

Federal government is likely to endorse Ogra's recommendation to increase gas prices to retire the circular debt of Rs181 billion in the wake of a wide gap between the average prescribed gas price and the weighted average sale price. Petroleum Division is
Published 19 Dec, 2019 12:00am
Ogra recommends 213.7 percent hike in gas prices
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Ogra recommends 213.7 percent hike in gas prices

The Oil and Gas Regulatory Authority (Ogra) has recommended the government to increase prices of gas up to 213.7 percent for domestic consumers to meet the revenue requirement with effect from January 2020.
Published 18 Dec, 2019 12:00am
Nominal cut in POL products' prices
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Nominal cut in POL products' prices

Federal government has reduced the prices of all petroleum products in line with the recommendations of the Oil & Gas Regulatory Authority (Ogra) for December following lower international market rates.
Published 01 Dec, 2019 12:00am
SPO for OGDCL, PPL expected to fetch Rs88bn
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SPO for OGDCL, PPL expected to fetch Rs88bn

The federal government is anticipating generating Rs 88 billion from secondary public offering (SPO) of two stated-owned listed oil and gas companies, including Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL) by the en
Published 30 Nov, 2019 12:00am
Prices of petroleum products may decrease in December
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Prices of petroleum products may decrease in December

Prices of all petroleum products are likely to decrease in December 2019 in line with fluctuations in global crude oil prices. The Oil and Gas Regulatory Authority (OGRA) recommended the government on Friday to reduce the prices of Motor Spirit (MS), High
Published 30 Nov, 2019 12:00am
Sell-off target revised upward to Rs300bn
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Sell-off target revised upward to Rs300bn

The Ministry of Finance has revised upward the target of privatization proceeds to Rs 300 billion, while bidding process for privatization of two RLNG-based power plants and Pakistan Steel Mills (PSM) will be completed in the third quarter of current fina
Published 28 Nov, 2019 12:00am
PTI to file case against Fazl
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PTI to file case against Fazl

Pakistan Tehreek-e-Insaf (PTI) core committee has decided to file a case against the statement of Jamiat Ulema-e-Islam (Fazl) chief Maulana Fazlur Rehman that the protestors have the capability to arrest prime minister from home.
Published 03 Nov, 2019 12:00am
Prices of petrol, diesel increased
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Prices of petrol, diesel increased

The federal government in a slight readjustment Thursday increased the prices of motor spirit (petrol) and high speed diesel (HSD) for November 2019.
Published 01 Nov, 2019 12:00am
Planned sell-off of two RLNG plants: PC to take up matter with ECC
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Planned sell-off of two RLNG plants: PC to take up matter with ECC

The Privatisation Commission will take up the sell-off of two newly-established RLNG power plants - Haveli Bahadur Shah and Balloki power projects of 1,320MW each - under National Power Parks Management Company Ltd (NPPMCL) with the Economic Coordination
Published 27 Oct, 2019 12:00am
Pakistan among top 10 improvers in doing business
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Pakistan among top 10 improvers in doing business

Pakistan's doing business (DB) ranking improved by 28 points to 108th from 136th out of 190 countries in the World Bank's Ease of Doing Business Report 2020 released on Thursday. Pakistan's ranking improved in six indicators (starting a business, dealing
Published 25 Oct, 2019 12:00am