Year: 2025

Govt Lowers RLNG Prices by Up to 5.9pc for December

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New-RLNG

ISLAMABAD: The federal government on Monday reduced re-gasified liquefied natural gas (RLNG) prices by up to 5.9 per cent for December, offering modest relief to consumers of both state-owned gas utilities. The Oil and Gas Regulatory Authority (Ogra) notified the revised rates, attributing the reduction to a decline in the delivered ex-ship price of imported LNG. The price cut applies to consumers of Sui Northern Gas Pipelines Ltd (SNGPL) and Sui Southern Gas Company Ltd (SSGCL). Under the new rates, RLNG prices for SNGPL consumers were lowered by 4.6 per…

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Clean Energy Transition in Pakistan Hinges on Deep System Reforms, Say Analysts

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clean-energy

ISLAMABAD: Pakistan’s shift towards clean energy will remain fragile without comprehensive reforms in planning, regulation and grid infrastructure, experts warned at a high-level roundtable, stressing that renewable momentum must be backed by structural changes to build a resilient and sustainable energy system. The experts highlighted the need for coordinated planning, improved demand forecasting, investment in grid readiness and the mobilisation of targeted climate finance. They cautioned that unresolved issues such as rising capacity payments and outdated tariff structures continue to undermine the country’s energy transition. These views were expressed at…

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Pakistan, Russia Hold Talks on Potential Oil-Sector Agreement

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Pakistan-Russia

Pakistan and Russia are in discussions over a possible oil-sector agreement as the two countries explore broader cooperation in energy, Pakistan’s Finance Minister Muhammad Aurangzeb has said. Speaking to Russia’s RIA news agency in an interview published on Tuesday, Aurangzeb said Pakistan was keen to collaborate with Russia in areas such as exploration, production and refining. “All of these areas are Russia’s strengths, and we would be very happy if Russia agreed on an agreement in this sector with Pakistan,” he said, adding that the matter is currently under discussion…

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Nepra Directs Sindh Nooriabad Power Company to Refile COD Adjustment Application

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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has directed Sindh Nooriabad Power Company (Pvt) Limited (SNPC-I and SNPC-II) to resubmit its Commercial Operation Date (COD) adjustment (true-up) application along with complete and relevant supporting records for further processing. According to Nepra’s decision, SNPC-I and SNPC-II are two gas-based power generation projects of around 50MW each, supplying electricity to K-Electric. The projects are jointly sponsored by the Government of Sindh (49pc) and Technomen Kinetics (Pvt) Limited (51pc). Nepra issued generation licences to the projects on July 15, 2015, while their…

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Pakistan, Kuwait Explore Expanded Petroleum Sector Cooperation

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Petroleum-Sector

KUWAIT: Federal Minister for Petroleum Ali Pervaiz Malik on Monday met with Kuwait’s Minister of Oil, Tariq Sulaiman Al-Roumi, to discuss matters of mutual interest and strengthen bilateral cooperation in the petroleum sector. According to an official statement, the meeting was attended by Sheikh Nawaf Al-Sabah, Chief Executive Officer of Kuwait Petroleum Corporation (KPC), the CEO of Kuwait Foreign Petroleum Exploration Company (KUFPEC), along with senior management from both organisations. The Pakistani delegation included Managing Director of Oil & Gas Development Company Limited (OGDCL) Ahmed Hayat Lak and the General…

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