Day: October 23, 2025

Pakistan’s Mineral Sector at the Spotlight: Ali Pervaiz Malik and International leaders discuss cooperation in Sydney

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The Federal Minister for Energy (Petroleum Division), Ali Pervaiz Malik, held a series of high-level meetings on the sidelines of the International Mining and Resources Conference (IMARC) 2025. Federal Minister for Petroleum Ali Pervaiz Malik held a productive meeting with Eng. Khalid Al-Mudaifer, Vice Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia. Minister Ali Pervaiz Malik appreciated the longstanding friendship and unwavering support of Saudi Arabia. He invited Saudi businessmen to invest in Pakistan. Ali Pervaiz Malik also met Ms. Diana Janse, State Secretary for International…

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Power Division Lauds Nepra’s K-Electric Tariff Review as a Landmark Regulatory Correction

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ISLAMABAD: The Power Division has hailed the National Electric Power Regulatory Authority’s (Nepra) decision to review K-Electric’s multi-year tariff as a landmark move promoting fairness, transparency, and regulatory consistency for the people of Karachi. In an official statement issued Wednesday, a Power Division spokesperson said the ministry was “proud of filing an in-time, merit-based review,” describing Nepra’s revised determination as a vital step toward aligning K-Electric’s tariff framework with national regulatory standards applied to other power utilities. Nepra’s review removed several tariff components deemed inconsistent with national norms — including…

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Global Coal Consumption Hits Record High in 2024 Despite Rapid Growth in Renewables

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October 23, 2025:Global coal consumption surged to an all-time high in 2024, even as renewable energy sources such as solar and wind expanded at record rates, according to the latest State of Climate Action assessment. The report revealed that although renewables captured a growing share of electricity generation, rising global energy demand ultimately drove higher coal usage — pushing nations further off track from their Paris Agreement climate goals. It warned that greenhouse gas emissions continue to rise despite unprecedented clean energy deployment, highlighting a widening gap between climate commitments…

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Qatar, Pakistan to Discuss LNG Supply Reductions as Domestic Energy Demand Falls

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Doha/Islamabad, October 23, 2025:Officials from QatarEnergy are set to meet with representatives of Pakistan State Oil (PSO) next week to discuss Islamabad’s request to reduce liquefied natural gas (LNG) shipments for 2025, amid a marked decline in Pakistan’s domestic energy demand, Bloomberg reported on Wednesday. The meetings, scheduled for Monday and Tuesday, will focus on Pakistan’s proposal to postpone or resell around two dozen LNG cargoes in the international market. Although the discussions form part of regular annual supply reviews, industry observers say they have attracted significant attention due to…

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SDPI Proposes Regulatory Sandbox to Reform Power Sector Subsidy Regime

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ISLAMABAD, October 23, 2025:Experts have called for the establishment of a regulatory sandbox to reform Pakistan’s power sector subsidy regime by integrating solar energy solutions into residential systems and introducing rationalized tariff structures with built-in social protection mechanisms. The proposed approach aims to create a more sustainable, equitable, and efficient electricity framework for the country. The recommendations were shared during a policy dialogue organized by the Sustainable Development Policy Institute (SDPI) on Wednesday, coinciding with the launch of a new study titled “Redefining Power Sector Economics: A Regulatory Sandbox for…

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