Author: Admin

ISLAMABAD: The federal government has constituted a high-level committee to address long-standing concerns raised by oil tanker owners, including freight rates and the petroleum transportation quota system, Petroleum Minister Ali Pervaiz Malik announced on Monday. Speaking to the media in Islamabad, the petroleum minister said the committee has been tasked with engaging stakeholders and submitting its recommendations within one week to help resolve the industry’s outstanding issues. The announcement followed a meeting between the Petroleum Division and a delegation of the Oil Tanker Contractors Association, during which both sides agreed…

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KARACHI: President Asif Ali Zardari has emphasized the need to accelerate the implementation of joint projects between the Government of Sindh and Chinese companies, describing the Karachi–Hyderabad M-9 Motorway as an ideal starting point for developing Pakistan’s electric vehicle (EV) charging infrastructure. The president made these remarks while chairing a meeting at the Chief Minister House with delegations from Anhui Nengtong New Energy Technology Co., Ltd. and Luoyang Modern Biology Group. The meeting, facilitated by the China-Pakistan-Africa Economic and Trade Cooperation Promotion Association, reviewed the progress of various memoranda of…

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ISLAMABAD: Prime Minister Shehbaz Sharif is expected to make a crucial decision on the future of Pakistan’s Brownfield Refinery Policy as the Cabinet Committee on Energy (CCoE) meets today to consider amendments that could determine the fate of billions of dollars in planned refinery upgrade investments. According to official documents, the CCoE will review proposed amendments to the Pakistan Oil Refining Policy for Upgradation of Existing (Brownfield) Refineries, 2023, following consultations with key stakeholders, including the Oil and Gas Regulatory Authority (OGRA), the Ministry of Finance and the petroleum industry.…

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ISLAMABAD: Azerbaijan has expressed confidence that ongoing discussions on its planned investments in Pakistan’s energy sector will soon translate into concrete projects, reflecting the growing strategic and economic partnership between the two countries. The assurance came during a meeting between Azerbaijan’s outgoing Ambassador Khazar Farhadov and Federal Minister for Commerce Jam Kamal Khan at the Ministry of Commerce, where both sides reviewed the progress achieved in Pakistan–Azerbaijan relations during the ambassador’s tenure. Jam Kamal praised Ambassador Farhadov for his significant contribution to strengthening bilateral relations and noted that the close…

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