PM has approved the increase In Petrol price by Rs 3.20 per liter, the rate of diesel increased by Rs 2.95 per liter, light diesel price has been hiked by Rs 4.42 per liter, whereas, kerosene rate increased by Rs 3 per liter.
He said the LNG Easy (Private) Limited and Daewoo Gas Private Limited’ would pursue the LNG virtual pipeline project for supply of the commodity through cryogenic bowzers.
K-Electric had submitted an application for the same on 18 May 2020, so as to ensure the pipeline would be built in time for the commissioning of the first unit of BQPS-III.
The decision was taken keeping in view the government’s priorities for maximum possible steps to provide relief to the masses, a PM Office press release said.
“The contents of the inquiry report are yet to be proved with sustainable evidence, a matter is still sub-judice in the Lahore High court (LHC),” he said in a press statement.
However, the permissible practices are being discontinued vide issuing the notification of provisional prices for the month of August to November 2020 on 11 November 2020, informed the official.
“This is a great milestone achieved by the company and its management during these challenging times,” said HPL in its filing to the bourse on Wednesday.
OGRA granted a licence for the construction of a new Oil Refinery (Khyber Oil Refinery) with a capacity of 20,000 barrel per day designed on local crude during FY 2018-19.
He said Oil Marketing Companies (OMCs) had been advised to ensure import of committed cargoes of oil, and refineries to ensure committed production for the month of June, 2020.
“Oil stocks in the country are sufficient. OGRA and Ministry of Energy
AC Abbottabad Mujtaba Bharwana and Assistant Director Industries Syed Sajjad Ali visited petrol pumps in Abbottabad city and Muslim Abad, they inspected the sales price of petrol and diesel.
AC directed the petrol pumps owners to ensure the sales of