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


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…

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


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…

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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…

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Caretaker PM arrives in Dubai to attend COP-28


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…

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


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…

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At the rate of Rs3.53/unit for Oct 2023: Nepra agrees to allow Discos to recover Rs32.7bn additional amount


ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday agreed in principle, to allow Discos to recover additional amount of Rs 32.7 billion at the rate of Rs 3.53 per unit from their consumers for October 2023 under the garb of previous adjustments. During the public hearing a representative of CPPA-G, Naveed Qaisar stated that positive impact of FCA…

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SBP grilled over money laundered via solar panels


ISLAMABAD: The Senate Standing Committee on Finance on Wednesday regretted that the State Bank of Pakistan (SBP) had shared insufficient information on over Rs70bn established trade-based money laundering through the import of solar panels and ordered immediate payment to teachers their salaries pending since the start of the current fiscal year. Senator Saleem Mandviwalla, who presided over the meeting, lamented…

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