Year: 2022

The Oil and Gas Regulatory Authority (Ogra) conducted its meeting at Karachi with leading Oil Marketing Companies (OMCs) and OCAC representatives which was chaired by Masroor Khan, Chairman, Ogra Zainul Abideen Qureshi, Member (Oil)- Ogra and senior executive directors and other key officers. All the issues including current scenario relating to the PDC, IFEM matters, industry reservations on certain matters, oil industry suggestions/proposals aimed at protecting national interest and promoting fair competition, genuine issues of the oil industry requiring urgent attention for resolution through mutual dialogue, etc, were discussed in…

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Engro Energy Limited will host Pakistan Energy Symposium at a local hotel in Karachi on 1st April 2022. Theme of this symposium is Ushering the Future of Energy. Engro Energy Limited (EEL), in its efforts to address the opportunities and challenges for market reforms in Pakistan, is organizing this symposium with an aim to bring relevant stakeholders on a platform to deliberate on the challenges of future. Engro Energy’s VP Business Development, Shahab Qader, while expressing his views said ”This symposium is a one-of-its-kind initiative by Engro Energy Limited. As…

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Shaukat Tarin, Federal Minister for Finance and Revenue, on Monday directed Federal Board or Revenue (FBR) to take crack whip on smuggling of fertilisers to neighbouring countries to ensure price stability in the country. Tarin issued these directives, while chairing the meeting of National Price Monitoring Committee (NPMC) held at the Finance Division. The committee was briefed that smuggling of this chemical farm input was weighing on the supply chain, which was not only undermining its availability, but was also causing the prices to fluctuate to the disadvantage of growers…

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Rising oil and gas prices in the international market as well as supply chain disruptions created by the ongoing Russia-Ukraine conflict have pushed Pakistan to look for alternatives as the country struggles to buy fuel on the spot market. As per a report in Bloomberg, Pakistan is shifting towards Afghan coal to meet its energy needs, as state-owned Pakistan LNG Limited did not award a recent purchase tender seeking several shipments of liquefied natural gas through May due to high offer prices. Meanwhile, the local cement industry is buying coal…

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Islamabad, March 29, 2022; MD / CEO, OGDCL Syed Khalid Siraj Subhani vowed to take the company on new heights by diversifying the company business.In this regard forum of top OGDCL management gathered. MD stated that company needs to set standards where employees can perform effectively and efficiently.It has also been further decided that best possible effort will be made to meet the targets set by the company in the current financial year. According to the details, MD/CEO OGDCL briefed the senior officers of the company about the achievements and…

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