Pakistan’s Power Generation Costs Jump 38% on Record Spot LNG Buys

LNG-import

Power generation costs in Pakistan surged by 38% in July from a year earlier as the country paid the highest spot LNG prices in four years amid the supply disruption from the Middle East. The costs to generate electricity last month soared due to the higher power output in July and the higher price of spot LNG which Pakistan was forced to procure in the absence of regular shipments from its long-standing term supplier Qatar. The high cost of power generation “is driven by a higher RLNG and furnace oil…

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Pakistan raises petrol, diesel prices by as much as Rs6 per liter for next 24 hours

petrol

ISLAMABAD: Pakistan has raised the prices of petrol and diesel by up to Rs6 per liter for the next 24 hours, the energy ministry announced late Monday. Pakistan began revising petrol prices on a daily basis on July 21, amid renewed hostilities between the United States and Iran, which have driven volatility in global oil markets. Islamabad traditionally revised petroleum prices every fortnight but switched to weekly adjustments after the fighting first erupted between the US and Iran in late February. The latest revision has pushed up the price of…

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Pakistan’s Power Generation Costs Jump 38% on Record Spot LNG Buys

Power generation costs in Pakistan surged by 38% in July from a year earlier as the country paid the highest spot LNG prices in four years amid the supply disruption from the Middle East. The costs to generate electricity last month soared due to the higher power output in July and the higher price of spot LNG which Pakistan was forced to procure in the absence of regular shipments from its long-standing term supplier Qatar. The high cost of power generation “is driven by a higher RLNG and furnace oil…

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Inverex Go Unveils 9 Electric Vehicles in Lahore, Driving Pakistan’s Shift Towards Sustainable Mobility

New-Project14

# Inverex Go Unveils 9 Electric Vehicles in Lahore, Driving Pakistan’s Shift Towards Sustainable Mobility **LAHORE, August 18, 2026:** Inverex Go has formally entered Pakistan’s electric mobility market with the launch of an extensive range of **nine electric two- and three-wheelers**, offering new locally available options for sustainable, economical and environmentally friendly transportation. The launch ceremony, held in Lahore on August 17, showcased **three electric scooties, four electric bikes, one electric rickshaw and one commercial electric loader**. All nine vehicles are powered by **Lithium Iron Phosphate (LiFePO₄) batteries**, a technology…

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ECO’s Economic Potential Needs to be Turned into Tangible Trade and Investment Atif Ikram Sheikh, President FPCCI

New-Project12

ECO’s Economic Potential Needs to be Turned into Tangible Trade and Investment Atif Ikram Sheikh, President FPCCI Karachi: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and President of the ECO Chamber of Commerce and Industry (ECO-CCI), has stressed upon transforming the vast economic potential of the ECO region into tangible trade, investment and business opportunities through greater connectivity, trade facilitation and private-sector cooperation. Addressing a high-profile meeting of the ECO-CCI, attended by representatives of National Chambers of Commerce and Industry from all…

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