Day: September 1, 2026

Govt blames war, closure of Strait of Hormuz for loadshedding

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ISLAMABAD  –  The federal government on Monday blamed the ongoing Iran-US war and the closure of the Strait of Hormuz for the current power loadshedding. In a press conference, Federal Minister for Energy Awais Leghari and Minister of State for Petroleum Ali Pervaiz Malik said that energy markets are facing severe challenges due to the prevailing situation in the region. The ongoing Iran-US war and the closure of the Strait of Hormuz have led to the current loadshedding. They appealed to the public to bear the hardship for a few…

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Pakistan rejects sole $26.969 LNG bid as too costly amid Qatar supply disruption

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ISLAMABAD: Pakistan has rejected the sole bid for an emergency liquefied natural gas cargo sought amid disrupted supplies from Qatar because the offer was higher than expected, a petroleum ministry official said on Tuesday. State-owned Pakistan LNG Limited (PLL) had sought a spot cargo of 140,000 cubic meters for delivery at Port Qasim in Karachi between Sept. 4 and 8 as Islamabad looks to cover energy requirements amid disruptions caused by the US-Iran conflict. “Yes, the PLL Board rejected the LNG spot bid,” a petroleum ministry official told Arab News…

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Pakistan floats tender for LNG cargo as gas shortage fuels power outages

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Pakistan LNG Limited (PLL) has invited bids for a spot LNG cargo for early September as a shortage of re-gasified liquefied natural gas (RLNG), particularly for power generation, continues to contribute to prolonged electricity outages. PLL issued the tender on August 30 for 140,000 cubic metres of LNG, with a plus or minus 5% tolerance, for delivery at Port Qasim, Karachi, between September 4 and September 8, 2026. The cargo will be delivered on a Delivered Ex-Ship (DES) basis to the Pakistan Gas Port Consortium Limited terminal.  PLL will select…

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Govt apologises to nation for power loadshedding

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ISLAMABAD: The federal government on Monday apologised for load shedding during night hours, attributing the situation to non-availability of contracted LNG from Qatar, which has rendered power plants with a combined capacity of around 5,000 MW unable to operate. In a joint video message, Federal Minister for Power Sardar Awais Ahmad Khan Leghari and Federal Minister for Petroleum Ali Pervaiz Malik explained the reasons behind the shortage of RLNG and the resultant load management across the country, including areas with high distribution losses. “There has been no shortage in supply…

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Atif Ikram Sheikh Calls for Pakistan–OIC Education & Skills Mobility Initiative to Promote Education Tourism

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Atif-Ikram

Karachi: President FPCCI Atif Ikram Sheikh has called for enhanced cooperation among Pakistan and OIC countries in education, research, innovation and skills development, stating that Pakistan’s talented human capital, large youth population, growing technology sector and close relations with Muslim countries provide a strong foundation for promoting education tourism, attracting international students and researchers and generating investment opportunities. Addressing the International Education Summit, organized by the Islamic Chamber of Commerce and Development in collaboration with COMSTECH, FPCCI and the Board of Investment under the theme “Promoting Global Education for Sustainable…

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