Author: Admin

Govt flags IPO pipeline, power sector opportunities to global investors

Admin

October 13, 2026 (MLN): Pakistan has highlighted its progress in macroeconomic stabilization, structural reforms and access to international capital markets during an investor roundtable organized by Barclays, attended by Finance Minister Senator Muhammad Aurangzeb and State Bank of Pakistan (SBP) Governor Jameel Ahmad. Muhammad Aurangzeb outlined improvements in the country’s fiscal and external accounts, sustained primary budget surpluses and strengthening foreign exchange reserves. He also highlighted progress under the International Monetary Fund (IMF) programme, credit rating upgrades and renewed access to global capital markets through private placements and Panda and…

Read More

Islamabad seeks 24 LNG cargoes as Pakistan braces for winter shortages

Admin

KARACHI: Pakistan is seeking at least 24 cargoes of liquefied natural gas (LNG) from Qatar and spot market for the coming winter season, according to official documents seen by Arab News on Tuesday, as the Middle East war poses the risk of gas shortages in the country. Pakistan relies heavily on imported LNG to meet demand from its power, industrial and domestic sectors, and normally receives an average of nine cargoes a month from Qatar under long-term government-to-government agreements. But supplies have been severely disrupted since March, when QatarEnergy first…

Read More

Pakistan Faces $1 Billion LNG Bill This Winter

Admin
lng

Pakistan will have to pay in excess of $1 billion to secure LNG supply for the winter months, as spot prices soar amid massive disruptions to Qatari term supply. The price tag will be fueled by the spot LNG prices in Asia surging to three-year highs and the plans of the Pakistani government to import 10 LNG cargoes from the spot market, at double the price at which LNG is being imported from Qatar, local daily Tribune reported on Tuesday. Amid disrupted supplies from Qatar, Pakistan will have to purchase…

Read More

Govt reduces petrol price by Rs2.71 per litre, high-speed diesel rate by Re0.03

Admin
New-Petrol-1

The government on Tuesday reduced the price of petrol by Rs2.71 per litre and that of high-speed diesel (HSD) by Rs0.03 per litre. Following the revision, petrol will retail at Rs392.66 per litre, while HSD will cost Rs396.82 per litre. The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel. According to the Petroleum Division’s notification, the new prices are applicable for Oct 14 (Wednesday). The price of HSD has come down from a peak of Rs520.35 recorded on April…

Read More

Sindh CM Murad Shah seeks Chinese partnership for Water, infrastructure, climate-resilient agricultureHBSZ willing to construct 100km K-IV pipeline as Sindh and Chinese companies explore cooperation in barrages, seed technology and modern farming

Admin
New-Project48-2

WUHAN (China), Oct 13: Sindh Chief Minister Syed Murad Ali Shah has invited Chinese companies to invest in the province’s water, agriculture and infrastructure sectors, seeking cooperation on the construction of a 100-kilometre K-IV pipeline for Karachi, the rehabilitation of Sukkur Barrage and the development of climate-resilient crop varieties.During a visit to HBSZ Company in Wuhan’s Hanyang district, the chief minister discussed the K-IV pipeline project and inspected gates being manufactured for the rehabilitation and modernisation of Sukkur Barrage. Officials said HBSZ had expressed willingness to undertake construction of the…

Read More