Comments sought on GCV in GSAs under NPPMCL ISLAMABAD: Petroleum Division has urged Power Division to send its comments on the summary regarding Gross Calorific... Updated 17 Mar, 2022 09:48am
Markets Global LNG: Asian LNG prices slide amid stable European gas flows LONDON: Asian spot liquefied natural gas (LNG) prices declined this week, tracking European gas prices which fell... Updated 11 Mar, 2022 09:12pm
Print KE reluctant to buy expensive RLNG from PLL ISLAMABAD: Karachi Electric (KE) has expressed reluctance to purchase expensive spot-priced re-gasified liquefied... Updated 11 Mar, 2022 08:25pm
Print KE invites PM to inaugurate first unit of BQPS-III ISLAMABAD: K-Electric (KE) has invited Prime Minister Imran Khan to inaugurate its first unit of 450MW of flagship... Updated 09 Mar, 2022 09:51am
Markets FCA for Jan 2022: Nepra allows passing additional burden of Rs50bn on to Discos’ consumers ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Monday gave its consent to pass on additional... Updated 01 Mar, 2022 10:00am
Opinion ‘The rudderless energy sector’ This is with reference to an article ‘The Rudderless Energy Sector’ that appeared in the op-ed section of... Updated 27 Feb, 2022 07:03am
Markets WACOG details: Pakistan's move towards gas pricing reform Business Recorder dissects the bill that looks to address country's gas shortage and unify pricing across the country Updated 21 Feb, 2022 07:27pm
Opinion WACOG: about time! WACOG (weighted average cost of gas) bill has been passed by the Senate. This is a landmark achievement, which would... Published 21 Feb, 2022 07:25am
Print Cabinet approves RLNG sale pricing mechanism for KE This is in accordance with the proposal of Petroleum Division Updated 20 Feb, 2022 04:31pm
Print FCA for Jan: Govt mulling hiking power tariff by Rs6.1/unit ISLAMABAD: Following the highest-ever increase in petroleum prices effective February 16, the Government has ... Updated 20 Feb, 2022 09:02am
Markets Power generation up 9%, fuel cost increases 102% year-on-year in Jan Pakistan electricity generation went up by 9%, reaching 8,797 GWh (11,824 MW) during January 2022, as compared to... Published 19 Feb, 2022 04:05pm
Business & Finance Addressing gas shortage: In major move, Senate passes WACOG bill Federal Minister for Energy Hammad Azhar says country will now be able to reform gas pricing structure and enhance supplies of imported gas Updated 17 Feb, 2022 03:54pm
Print Operating on RLNG: CNG stations to reopen from Monday KARACHI: SSGC’s management has decided to resume gas supplies to all those CNG stations that are operating on ... Published 12 Feb, 2022 05:09am
Markets SSGC set to resume gas supply to CNG stations 'operating only on RLNG' After 45 days of suspension, Sui Southern Gas Company (SSGC) announced that it will resume gas supply to CNG ... Published 11 Feb, 2022 06:35pm
Markets Commissioning activities: KE says still waiting for RLNG supply from PLL ISLAMABAD: Karachi Electric (KE) has claimed that it is still restricted to take 900 MW BQPS-III into commissioning... Published 09 Feb, 2022 05:46am
Markets 218 co-generation units: PD finalises proposal for conducting efficiency audit ISLAMABAD: The Petroleum Division has finalised a proposal to conduct efficiency audit of 218 co-generation units... Updated 08 Feb, 2022 11:11am
Business & Finance Industrial units: SSGC says talks at govenor’s house aimed at bringing discipline KARACHI: Sui Southern Gas Company (SSGC) is serving its customers, especially industrial customers with its best of... Published 06 Feb, 2022 04:42am
Print Commitment to IMF: Sell-off of 2 RLNG plants, two banks by June ISLAMABAD: Pakistan has committed to the International Monetary Fund (IMF) that it would complete the process of... Updated 06 Feb, 2022 09:17am
Markets Determination of RLNG for KE plant: PD suggests amendments to Second Schedule of PL Ordinance ISLAMABAD: The Petroleum Division is said to have proposed amendments to the Second Schedule of Petroleum Products... Published 02 Feb, 2022 04:45am
Print No natural gas/RLNG for over 100 days: Value-added textile export industries decry govt’s ‘silence’ KARACHI: The value-added textiles export industries are shocked and totally disappointed with the government for... Updated 30 Jan, 2022 09:00am
Markets Gross Calorific Value tolerance: PD proposes alteration in power plants’ gas turbines ISLAMABAD: The privatisation process of two RLNG-fired power plants appears to have hit snags as Petroleum Division... Published 29 Jan, 2022 06:05am
Print Two urea fertilizer plants on SNGPL system: MoI&P needs Rs5bn subsidy for RLNG supply ISLAMABAD: Ministry of Industries and Production (MoI&P) is to seek supplementary grant of Rs 5 billion to ... Updated 27 Jan, 2022 09:55am
Business & Finance Circular debt: SNGPL blames fertilizer sector, domestic consumers ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) has termed fertilizer industry and domestic consumers as key... Published 27 Jan, 2022 04:05am
BR Research Power generation: Signs of growth Having stayed virtually stagnant for two years, Pakistan’s grid electricity generation in 2021 went up by 10.4... Published 25 Jan, 2022 08:05am
Markets December: Pakistan's electricity generation cost up 72% YoY The cost of generating electricity jumped 72.4%, going up to Rs8.24 kWh in December 2021 compared to Rs4.78 kWh... Published 22 Jan, 2022 07:22pm
BR Research Monthly FCA: No respite For the second month running, monthly Fuel Charges Adjustment (FCA) on power tariffs was in excess of Rs4.3 per ... Published 18 Jan, 2022 07:54am
Print Rs41bn supplementary grant: Petroleum Div faces resistance ISLAMABAD: Petroleum Division is reportedly facing resistance to smooth sailing of its proposal on supplementary... Updated 17 Jan, 2022 09:46am
Pakistan Gas-related issues also on agenda: CCI likely to help resolve interprovincial water disputes ISLAMABAD: The Council of Common Interests (CCI) is all set to consider a political solution of water dispute among... Updated 13 Jan, 2022 02:36pm
Print 40pc of agreed amount: 12 IPPs paid over Rs60bn as first instalment ISLAMABAD: Power Division is said to have paid over Rs 60 billion to 12 IPPs of Power Policy 2002, 40 per cent of... Updated 07 Jan, 2022 09:49am
Markets Winter 2021: 500mmcfd of gas shortfall estimated ISLAMABAD: Gas shortfall in winter 2021 has been estimated at 500 mmcfd (with 9 percent depletion of natural gas... Published 31 Dec, 2021 06:50am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?