Day: March 22, 2025

Federal Minister for Petroleum Briefs Foreign Ambassadors on Pakistan Minerals Investment Forum 2025

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New-Project52

Pakistan’s Federal Minister for Energy (Petroleum Division), Ali Pervaiz Malik, on Friday briefed foreign ambassadors on the upcoming Pakistan Minerals Investment Forum 2025 (PMIF25) and invited delegates from their respective countries to explore Pakistan’s vast mineral resources and investment opportunities. He encouraged foreign countries to participate in this transformative dialogue shaping the future of Pakistan’s minerals sector.Scheduled to take place on April 8-9, 2025, at the Jinnah Convention Centre, Islamabad, the forum will bring together global ministers, leading corporations, investors, policymakers, and industry experts to explore Pakistan’s mineral potential.Addressing an…

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PPL Seeks PDS Advice on Gas Allocation for CCGT Power Plant

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PPL-Plant

Pakistan Petroleum Limited (PPL) has sought advice from the Petroleum Division (PDS) regarding the allocation of gas for its Combined Cycle Gas Turbine (CCGT) power plant project. The PPL is planning to set up a 1,200-megawatt (MW) CCGT power plant, which will require a significant amount of gas to operate. However, the company is seeking clarification on the gas allocation process and the availability of gas for the project. The PDS has been requested to provide guidance on the gas allocation framework, including the priority of gas allocation, the gas…

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“Government, World Bank Discuss Power Project to Boost Energy Sector”

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world-bank

The government of Pakistan and the World Bank have held discussions on a power project aimed at strengthening the country’s energy sector. The project’s objective is to increase the reliability and efficiency of Pakistan’s power distribution systems, ultimately benefiting consumers ¹. The World Bank has outlined a six-stage project cycle for the initiative, which includes identification, preparation, appraisal, negotiation/approval, implementation, and completion/validation and evaluation ². This structured approach ensures that the project is thoroughly planned, executed, and monitored to achieve its intended goals. Key aspects of the project include: The…

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“Refineries Urged to Prioritize Local Production to Reduce Reliance on Imports”

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Petroleum-Sector

The government has directed local refineries to prioritize domestic production of petroleum products, aiming to reduce the country’s reliance on imports and stabilize the economy. The directive comes as Pakistan struggles with a significant trade deficit, largely due to the high cost of importing petroleum products. By increasing local production, the government hopes to reduce the burden on the national exchequer and promote economic stability. The refineries have been instructed to optimize their production processes and improve efficiency to meet the growing demand for petroleum products in the country. Industry…

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“Political Influence Suspected in Sindh Solar Distribution Project”

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soalr energy

A controversy has erupted in Sindh over the distribution of solar-powered electricity systems, with allegations of political influence and favoritism in the selection of beneficiaries. The Sindh government had launched an initiative to provide solar-powered electricity systems to rural households, aiming to promote renewable energy and reduce reliance on traditional power sources. However, sources within the provincial government have revealed that the distribution of these systems has been influenced by local politicians, who have allegedly prioritized their own supporters and constituents over other deserving households. The allegations suggest that the…

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