Day: November 30, 2023

Pakistan’s petrol, diesel prices for the next two weeks

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Petroleum-prices

WEB DESK: As the fortnightly review approaches, indications suggest that there will be no significant alterations in the prices of petroleum products. Notably, diesel and kerosene rates are expected to experience a slight decrease.The government is on the brink of announcing the revised petrol prices for the upcoming week. The new petrol rates in Pakistan will come into effect from December 1, and the announcement is expected to be made before 11:59 pm today.Currently, the petrol rate in Pakistan is Rs281.34 per litre, and many individuals, burdened by inflation, are…

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Minister of Energy held a meeting with leadership of SOCAR Trading in Dubai

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SOCAR

Minister of Energy held a meeting with leadership of SOCAR Trading in Dubai with their int’l teams from London and Geneva joining virtually. Building on the success of procurement of the LNG cargo arriving in December under the G to G framework agreement between Pakistan LNG and SOCAR, both sides agreed to further enhance the cooperation to meet Pakistan’s energy requirements in a cost effective manner. SOCAR delegation was led by CEO SOCAR Trading Ms. Mariam Almaszade.

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OGRA DETERMINES LPG PRICE

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OGRA

Islamabad. The Oil and Gas Regulatory Authority (OGRA) in accordance with the Policy Guidelines of the Federal Government has determined the maximum price of Liquified Petroleum Gas (LPG) effective from December 1st, 2023 as under:Notified LPG Producer prices Rs. / Ton Rs / 11.8 kg CylinderDecember -2023 ( w.e.f 01-12-2023) 213,560.49 2,520.01November -2023 209,731.22 2,474.83Increase / (Decrease) 3,829.27 45.18 Notified LPG Consumer prices Rs. / Ton Rs / 11.8 kg CylinderDecember -2023 ( w.e.f 01-12-2023) 254,860.49 3,007.35November -2023 251,031.22 2,962.17Increase / (Decrease) 3,829.27 45.18The LPG producer price is linked with…

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Caretaker PM arrives in Dubai to attend COP-28

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Anwaar-ul-Haq

DUBAI, Nov 29 (APP): Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday arrived in Dubai, United Arab Emirates to attend the 28th United Nations Conference of Parties (COP-28). Minister for Justice of the United Arab Emirates Abdullah Sultan bin Awad Al Nuaimi, Pakistan’s Ambassador to the UAE Faisal Niaz Tirmizi and the Pakistani diplomatic staff welcomed the prime minister at Dubai’s Al-Maktoum airport, PM Office Media Wing said in a press release. Caretaker Prime Minister Kakar will head the Pakistani delegation at the 28th Conference of Parties (COP-28), besides he would…

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KE’s tariff adjustment period: Nepra issues addendum to clarify its decision

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k-electric

ISLAMABAD: The National Electric Power Regulatory Authority has issued addendum to clarify its decision about K-Electric’s tariff adjustment period. The Authority, pursuant to the judgment of the Supreme Court of Pakistan of January 19, 2023, issued its decision in the matter on October 31, 2023. Nepra reserves verdict on KE’s pleas for 20-year licences The decision was intimated to the federal government for notification in light of Section 31 of NEPRA Act.

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