Day: November 7, 2026

LPG Committee Holds First Meeting to Ensure Transparent Auctions and Fair Market Competition

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ISLAMABAD: The first meeting of the LPG Committee, established under the newly approved deregulated framework, was held under the chairmanship of Secretary Petroleum, with Federal Minister for Petroleum Ali Pervaiz Malik reiterating the government’s commitment to ensuring fair prices, improved availability and transparent distribution of Liquefied Petroleum Gas (LPG). The Federal Minister said the initiative was aimed at addressing public concerns, particularly the difficulties faced by consumers in accessing LPG at affordable prices. He emphasized that the new auction mechanism would strengthen the supply chain, improve energy infrastructure, ensure equitable…

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PPEPCA Highlights Oil and Gas Industry’s Role in Community Development

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KARACHI: The Pakistan Petroleum Exploration and Production Companies Association (PPEPCA) has organised its Corporate Social Responsibility (CSR) Conference for Punjab, bringing together senior representatives of exploration and production (E&P) companies, government officials, corporate leaders and other stakeholders to highlight the industry’s contribution to community welfare and sustainable development. The conference featured presentations by E&P companies showcasing their CSR initiatives in education, healthcare, clean drinking water, skills development, community infrastructure and environmental sustainability in their respective areas of operation. Addressing the conference, Nasir Khan, Chief Executive Officer of KPOGCL and President…

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PLL Extends LNG Bidding Deadline to November 10 Following EPADS Technical Glitches

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ISLAMABAD: Pakistan LNG Limited (PLL) has extended the deadline for submission of bids for two spot liquefied natural gas (LNG) cargoes scheduled for delivery in December and January to November 10, following complaints from international LNG traders about technical difficulties with the newly introduced e-Pak Acquisition and Disposal System (EPADS) version 2.0. The bidding deadline was originally set for November 6. However, several prospective suppliers reportedly encountered difficulties submitting their offers through the electronic procurement platform introduced by the Public Procurement Regulatory Authority (PPRA), prompting PLL to extend the deadline…

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Turkmenistan Highlights TAPI Pipeline’s Role in Strengthening Regional Energy Security

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TAPI-gas

ISLAMABAD: Turkmenistan has emphasised the strategic importance of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, describing it as a major regional energy project capable of strengthening Pakistan’s energy security, supporting industrial growth and promoting economic integration. Addressing a news conference at the Turkmenistan Embassy on Friday, Ambassador and Dean of the Diplomatic Corps Atadjan Movlamov said relations between Turkmenistan and Pakistan were important not only for the two countries but also for the wider region. He identified energy, trade, transport and regional connectivity as key areas offering significant potential for bilateral cooperation.…

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OGDC Faces Infrastructure Constraints in Unlocking Full Production Potential of Baragzai Field

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ISLAMABAD: Oil and Gas Development Company Limited (OGDC), Pakistan’s largest exploration and production company, is facing infrastructure constraints that could delay efforts to unlock the full production potential of its Baragzai oil field, according to an analyst report. The development was disclosed by OGDC management during an analyst briefing held on Friday to discuss the company’s financial performance for FY2026 and the first quarter of FY2027, along with its future business outlook, according to a report by Arif Habib Limited (AHL). Management said the company planned to drill additional wells…

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